Jefferson, Oldham counties see big home price spike in July, but why?

The Greater Louisville Association of Realtors said today that home sales are still up in the Louisville area for the year despite a sales lull last month. But it also showed that the slide in home sales corresponded with a spike in the average selling price and a contraction of sales listings. In Jefferson County, the average selling price for July was $211,729, a 13 percent increase from July 2015. Oldham County's average selling price saw an even more dramatic 16.6 percent spike, to $332,067. The…

from DIYS http://ift.tt/2btmC8e