January 2017 was a strong month for home sales in Northern Kentucky. Sales rose 23% as compared to January 2016. Homes are selling an average of 60 days on market.
January 2017 vs January 2016
- 22.13% Increase in home sales (378 homes vs 307 homes)
- -8.37% Decrease in average sale price ($153,033 vs $167,010)
- -6.55% Decrease in median sale price ($135,500 vs $145,000)
- 12.82% Increase in sales volume ($57,846,481 vs $51,272,238)
Great Time To Sell and Buy a Home
It is a great time to sell your current home and purchase another home. Home values are rising, mortgage interest rates are still low. With the low inventory of homes on the market, homes in good condition and priced correctly are selling briskly.
Look at homes for sale here.
Statistics courtesy of: Northern Kentucky Association of Realtors, Home Sales Report, January 2017