Sales rebounded in March 2015 in Northern Kentucky with a nearly 19% increase in sales as compared to March 2014. Here are the statistics:

March 2015 vs March 2014

• 18.72% Increase in homes sold (501 units vs 422 units)
• 5.33% Increase in average sale price ($162,154 vs $153,942)
• 16.46% Increase in median sale price ($150,500 vs $129,230)
• 25.05% Increase in sales volume
• 85 Average days on market (vs 91 average days on market)

January – March 2015 vs January – March 2014

• -2.46% Decrease in homes sold (1,109 units vs 1,137 units)
• 8.36% Increase in average sale price ($154,283 vs $142,384)
• 11.76% Increase in median sale price ($134,000 vs $119,900)
• 5.69% Increase in sales volume
• 81 Average days on market (vs 87 average days on market)

Great Time To List Your Home and Buy a New One
If you have been considering selling your home, now is a great time to do so. Home values are on the rise. Mortgage rates are still low. Homes-for-sale inventory is low. Contact your Sibcy Cline agent!

Statistics courtesyof Northern Kentucky Association of Realtors March 2015 Home Sales Report