Louisville Real Estate Blog | Brad Long Real Estate Group | Keller Williams Louisville East

Spring is here Louisville! What to do first...

Ah we did it; we survived another Ohio Valley winter.  Now that we made it to the light at the end of the tunnel, let’s get outside, enjoy the sunshine and have some fun.  So, what is there do to around here.  A lot actually, let’s look at some options.

It’s Derby Time! - Derby season brings so much excitement and energy to Louisville you can practically feel it in the air.  The Kentucky Derby Festival brings an amazing lineup of outdoor events that is unlike anything else in the world.  Thunder Over Louisville kicks off the festival on April 16th with one of the best firework shows in the nation.  There is also live music, airshow and the famous Chow Wagon.Thursday, April 28th begins the spectacular lineup of events called Kroger’s Fest-a-Ville on the Waterfront which carries on all the way to the big race on May 7th.  Some of the events include the Great Balloon Glimmer & Glow, the Marathon/mini Marathon, Chow Wagon, Pegasus Parade, Great Steamboat Race and a variety of live music throughout the week.  The main events are the Kentucky Oaks and Derby which are tons of fun that everyone should attend at least once.

Waterfront Wednesday - Waterfront Wednesday begins April 27 and runs until September.  This event is presented by 91.9 WFPK and is held on the last Wednesday of the month.  The show is on the Harbor Lawn at Waterfront Park and usually features two to three acts from around the country.  This event is fun and casual, great for socializing and best of all its FREE!

Louisville Bats Games - The Louisville Bats open their 2011 season on April 7th with the first of many Thirsty Thursday’s aka Budweiser Happy Hours, which offers $1 Budweiser and Bud Light from 5:30-7:00.  During happy hour you can enjoy live local music on the Overlook Deck.  Tickets for Bats games cost $7-$11.

Shakespeare in the Park - This annual, free event takes place at Delacorte Theater in Central Park, which is located in Old Louisville on 4th Street. Classic Shakespeare plays are reenacted in the evenings in June and July.  'All’s Well That Ends Well' and 'Measure for Measure' are the two classics on the line-up for the 2011 year, which feature Tony Award Winners John Cullum and Tonya Pinkins.  Enjoy your summer nights supporting your Louisville art scene in its 51st year by attending Shakespeare in the Park

Jefferson Memorial Forest - Did you know Jefferson Memorial Forest is the nation’s largest urban municipal forest?  With over 6,000 acres this is a great place to spend the day or the weekend.  Some outdoor activities include hiking, camping, fishing, birdwatching, horseback riding and picnicking.

So on a nice spring day there is no excuse, get out and find something to do.  Get out in your back yard and plant some flowers or play corn hole with some friends.  The options are really endless on a sunny day in Louisville.

To read more about our wonderful city and perhaps find your perfect Louisville, KY Home visit Louisville KY Real Estate


Like to Ride? Bicycle Magazine Ranked Louisville 21st in America's Top 50 Bike-Friendly Cities


Cycling in Louisville KYCycling has always been a part of Louisville’s culture.  In 1890, Louisville formed a cycling club called the Louisville Wheelman which led structured rides around the city.  Today this club, currently called the Louisville Bicycle Club, is one of the most dynamic and advanced cycling clubs in the country.   Their website is very informative and has any and everything you would need to know about cycling in Louisville.

Louisville has developed many cycling organizations over the years to promote and develop this sport in the city.  Bike Louisville is a community program to progressively make Louisville even more bike friendly.  In 2005, Mayor Abramson held Louisville’s first annual bike summit which set out a plan for Louisville to be awarded the gold-level status as a cycling city by 2015.  In order to reach this cycling status the city will be judged in five categories and demonstrate advancements in each.  The categories include engineering, education, encouragement, enforcement and evaluation and planning.  At this rate, by 2015 Louisville might be in the top 10 in the nation of the best cities for cycling.

Louisville has cycling options for every type of rider.  Whether you want to ride around your neighborhood, ride to work or in one of the cities lovely parks, Louisville works hard to give its riders safe and diverse options.  A large reason Louisville is a premier city for cycling is the abundance of bike lanes and paths currently in use; there are many paths currently under construction as well.  Louisville also has organized rides throughout the year such as the Memorial Day and Labor Day Mayor’s Hike and Bike.  Last year over 7,000 people participated in this event.

The city of Louisville also contains some smart and savvy bike shops for its cycling citizens.  St. Matthews in particular is home to some of the local favorites like Scheller’s Fitness and Cycling off Shelbyville Road, Bicycle Sport on Breckenridge Lane and Mountain Bike Depot in the new Westport Village Shopping Center.  Cycler’s Café located off Lexington Road in the Highlands is a unique shop in that it is also a diner/deli which offers delicious homemade meals like burritos, BBQ and salads.  After a long weekend ride, stop into the Cycler’s Café, check out their gear and enjoy a quesadilla and cold beverage on their deck.

With spring just around the corner, this is a great time to learn more about cycling in Louisville and why Louisville is the 21st best city in the nation for cycling.  The Bike Louisville page on the Louisville.gov site is full of helpful information, maps and routes, safety tips, and cycling events.  Ride the City of Louisville is another helpful tool to map the safest bike route for your next ride.  With all the cycling opportunities the city of Louisville has to offer get ready to dust off your bike, strap on your helmet, get out on the road and enjoy!

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St Matthews KY market report as of March 14 2011

It’s very important to understand the current market conditions when buying or selling St Matthews real estate. Below is a list of the homes that have sold and closed in the St Matthews (40207) area in the last 45 days.  From this chart you can see that in many cases, sellers are taking considerably less than asking price to sell their homes. 

The absorption rate for St Matthews KY homes (40207) is 8.6 months. What this means is, based on the current sales rate, if no additional homes came on the market, it would take 8.6 months for all of the currently listed homes to sell. This indicates an oversupply of available homes in the St Matthews area as an absorption rate of 5 months is considered a balanced market. As a buyer this is good news as you can get some great deals in this type of market. 

Currently there are 232 homes for sale and pending sale in Louisville’s St Matthews area. The average sales price of the homes that have sold is $264,906 ($140 per square foot) and the average Days on Market were 129.  The list price to sale price ratio is 91.8% which means the sellers are getting on average 8.2% less than their original asking price or $23,650 off of the average price home.

Please visit St. Matthews Homes for Sale to search for all homes for sale in the Greater Louisville area.


Trader Joe's Coming to St. Matthews

Trader Joes coming to St. Matthews

After months of spectulation it looks like the doubters were wrong.  Trader Joe's announced it's intention to apply for a beer and liquor license for 4600 Shelbyville Road. 

Trader Joe's will take the place of three existing retailers The Craftsman Collection, Massage Envy and Kiddie Kastle. The latter two will move to new locations in St Matthew's Shelbyville Road Plaza and the furniture store will close.

This is a major announcement for St Matthews Real Estate as the shopping center has faced a tough couple of years after the closing of two big box stores Circut City and Linens and Things. Once again it seems the location of choice for big name retailers is the St. Matthews area.

To search for Homes for sale in St. Matthews area you can visit Louisville's Superior Real Estate search Engine.