Northern Kentucky Home Sales are at Six Year High for July 2013

BigMacBridge

Home sales are sizzling in Northern Kentucky with sales reaching a six-year high in July 2013!

July 2013 Statistics

  • 590  Sold Homes – 32.29% increase  (vs 446 in July 2012)
  • $159,610 Average Sale Price – 6.5% increase (from July 2012)
  • 40.89% increase in Total Sales Volume (as compared to July 2012)
  • 74 Average Days on Market (as compared to 85 days in July 2012)

Year-To-Date Statistics (January – July 2013)

  • 3,331 Homes Sold – 17.08% increase
  • $154,857 Average Sale Price – 6.37% increase
  • $515,828,608 Total Sales Volume  – 24.54% increase
  • 87 Average Days on Market (as compared to 96 days in 2012)

There is currently 5.3 months of home inventory for residential properties:

Graph

Graph courtesy of: NKY Association of Realtors Press Release – 9/21/13

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