The year may be winding down but there are still deals to be made in the world of residential real estate.
In the photo gallery below, I’ve pulled together the most expensive homes sold during the first week of November.
This week’s gallery features five homes, specifically for the period of Nov. 1 through Nov. 7. And I’ve ordered them from the “cheapest” to most expensive for the week.
All five of these homes sold greater than $1 million, which is a fairly rare occurrence in our weekly run down of big sales, as the $1 million mark is very high for our market. Check out the homes below.
No. 5 (For Nov. 1.- Nov. 7)
Address: 15405 Crystal Springs Way, Louisville, KY 40245
Seller: Matthew J. Rumpke and Katherine J. Weber Rumpke
Buyer: Dakshinamoorthy Navaneethakrishan and Premalatha Nallaperumal
Price: $1.07 million
Date: 11/6/23
Like always, I’m only looking at single-family homes in this gallery. In order to ensure an apples-to-apples comparison, I left off vacant lot sales, multihome purchases, apartment complexes and duplexes.
More residential real estate news
For more local residential real estate news, check out our recent roundups of homes that sold for greater than $1 million in Oldham County as well as in Shelby County this year. We published both of those earlier this month as they are a popular place for many looking for luxury homes close to, but not exactly in, Louisville.
For a bit more on the local luxury market, be sure to check out this story on how much it cost to buy a home in Louisville’s most expensive ZIP codes. That figure has been on the upswing, according to an analysis of data from Zillow Group Inc. and Bankrate LLC by The Business Journals.
Louisville’s priciest ZIP code is in Prospect, 40059, and according to the data, you need to make at least $148,312 to live there. As of Aug. 31, the median home value was $572,840 — that’s an annual mortgage payment of $44,494.
Home values in 40059 increased 3% year-over year. Prospect residents also needed to earn about $4,000, or 2%, more than they did in 2022 to afford those homes.
And if you’re curious on where residential development is heading nationally be sure to check out this story. It notes that supporters of development and zoning reform have won several high-profile victories across the country this year, providing the latest twists in an ongoing housing fight that stretches to every corner of the U.S.
| Rank | Prior Rank | Name / Prior rank |
|---|---|---|
|
1 |
1 |
Semonin Realtors, a Berkshire Hathaway Affiliate |
|
2 |
2 |
RE/MAX Properties East / RE/MAX Advantage |
|
3 |
3 |
Schuler Bauer Real Estate Services ERA Powered |
