The 10 Most Expensive Louisville Homes of 2017

In 2017 the Louisville real estate market was at its highest since 2007/2008. There were 12,514 homes sold in Jefferson County alone, and 55 of those were at or above the $1 million price tag. Looking at the chart below, you will find that when it comes to number of listed homes and number of sold homes in Jefferson County were very similar to the previous year, however the average sale price was up quite a bit.

Notice that Area 2 (butchertown/highlands/germantown) has an average sale price that is 11.5% higher than 2016. That’s huge! I would say most of that is due to the explosion of Germantown. Area 3 (clifton/crescent hill/st matthews) and Area 4 (pleasure ridge park/valley station) are both up almost 9% over 2016. I included Oldham County to show you that the outlying counties are also up, in Oldham’s case 10.4% higher than 2016.

Also, notice that every single market in Louisville is showing an increase in average sale price. This is a great thing! It’s also something to watch out for, and here’s why: we can’t sustain that kind of growth for too long. I’m not saying that the market is going to crash, however I do believe that we will see a little dip toward the end of this year. This large increase in home prices means that fewer people are able to afford to buy a home. With fewer buyers, homes sit on the market longer, and prices go down. Again, I’m not saying this is a bad thing. It’s a cycle, and 2018 might be the best time to sell your home in the next 2 years. With that being said, if you want to find out how much your home worth, I can help you. Everyone is always talking about “timing the market”, well now’s your chance. Call me at 502.509.9278 or email justin@metrolouisvillemls.net

And without further ado, here are the 10 most expensive Louisville homes of 2017:

10610 Hwy 42
Lenihan Sotheby’s International Realty

10 | 10610 Highway 42 | PROSPECT | $1,600,000

  • 4 bedrooms
  • 3 full / 2 half bathrooms
  • 5,370 total finished sq ft
  • 5 acres
  • Carriage house w/ guest apartment
  • Saltwater swimming pool

 

Expensive 804 Evergreen-2
Lenihan Sotheby’s International Realty

9 | 804 Evergreen Rd | ANCHORAGE | $1,600,000

  • 7 bedrooms
  • 6 full / 3 half bathrooms
  • 9,106 total finished sq ft
  • 10 acres
  • Built in 1967
  • Amazing gardens and grounds

 

 

Expensive 7 Arrowhead-2
Gant Hill and Associates

8 | 7 Arrowhead Rd | INDIAN HILLS | $1,600,000

 

  • 4 bedrooms
  • 5 full / 2 half bathrooms
  • 6,211 total finished sq ft
  • 1.66 acres
  • Swimming pool
  • Tennis court

 

 

Expensive 2631 Bushwood-2
Lenihan Sotheby’s International Realty

7 | 2631 Bushwood Rd | ANCHORAGE | $1,625,000

 

  • 4 bedrooms
  • 5 full / 2 half bathrooms
  • 9,522 total finished sq ft
  • 2.3 acres
  • Putting green
  • Swimming pool

 

 

Expensive 3611 Glenview-2
Gilezan Realty

6 | 3611 Glenview Ave | GLENVIEW | $1,900,000

 

  • 4 bedrooms
  • 4 full / 1 half bathroom
  • 6,995 total finished sq ft
  • 3 acres
  • Beautiful courtyards
  • 4-car garage

 

Expensive 207 Mockingbord-2
Lenihan Sotheby’s International Realty

5 | 207 Mockingbird Gardens Dr | MOCKINGBIRD GARDENS | $1,925,000

  • 6 bedrooms
  • 6 full / 3 half bathrooms
  • 9,958 total finished sq ft
  • 1.5 acres
  • Custom, climate controlled wine cellar
  • Multi-level rear terrace

 

Expensive 6713 Elmcroft-2
Lenihan Sotheby’s International Realty

4 | 6713 Elmcroft Cir | ELMCROFT | $1,975,000

  • 5 bedrooms
  • 5 full / 2 half bathrooms
  • 9,565 total finished sq ft
  • 1 acre
  • Home surround sound
  • 4-car heated garage

 

Expensive 5716 Harrods-2
Lenihan Sotheby’s International Realty

3 | 5716 Harrods Glen Dr | PROSPECT | $2,039,500

  • 7 bedrooms
  • 6 full / 2 half bathrooms
  • 9,932 total finished sq ft
  • 1 acre
  • Theater
  • Swimming pool

 

Expensive 214Mock-2
Lenihan Sotheby’s International Realty

2 | 214 Mockingbird Gardens Dr | MOCKINGBIRD GARDENS | $2,100,000

  • 5 bedrooms
  • 5 full / 2 half bathrooms
  • 9,673 total finished sq ft
  • 2 acres
  • Swimming pool
  • Pool house

 

 

Expensive Aiken-2
Advantage Real Estate Solutions

1 | 15528 Aiken Rd | EAST LOUISVILLE | $2,250,000

 

  • 3 bedrooms
  • 6 full / 1 half bathroom
  • 4,116 total finished sq ft
  • 70 acres
  • 3 lakes
  • 2 large outbuildings

 

View ALL Louisville homes for sale at www.louisvillehomeplace.com

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