Northern Kentucky Homes Sales Soar over Twenty-Five Percent in November

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November 2016 vs November 2015

  • 25.72% Increase in homes sold (523 homes vs 416 homes)
  • 5.22% Increase in average sale price ($168,241 vs $159,898)
  • .63% Increase in median sale price ($143,500 vs $142,600)
  • 32.28% Increase in sales volume ($87,989,9611 vs $66,517,806)

January – November 2016 vs January – November 2015

  • 10.97% Increase in homes sold (6,453 homes vs 5,815 homes)
  • 6.06% Increase in average sale price ($174,483 vs $164,516)
  • 5.26% Increase in median sale price ($150,000 vs $142,500)
  • 17.69% Increase in sales volume ($1,125,942,532 vs $956,663,221)

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Statistics courtesy of: Northern Kentucky Association of Realtors Home Sales Report, November 2016

Average Home Sale Price Up Seven Percent in Northern Kentucky for July

Ky_BluegrassSign.jpgThe average home sale price for homes in Northern Kentucky rose 7.24% when compared to July 2015. Although home sales were down 4.37% in July as compared to the same time last year, year-to-date home sales have increased by 8.81%.

July 2016 vs July 2015

  • 7.24% Increase in average sale price ($184,547 vs $172,083)
  • -4.37% Decrease in home sales (657 homes vs 687 homes)
  • 2.56% Increase in sales volume
  • 9.17% Increase in median sale price (164,750 vs 150,000)

January – July 2016 vs January – July 2015

  • 7.24% Increase in average sale price ($184,547 vs $172,083)
  • -4.37% Decrease in home sales (657 homes vs 687 homes)
  • 2.56% Increase in sales volume
  • 9.17% Increase in median sale price (164,750 vs 150,000)

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Statistics courtesy of: Northern Kentucky Association of Realtors July 2016 Home Sales Report

Northern Kentucky Home Sales Up 24 Percent in February 2016

Ky_BluegrassSignHomes are selling in Northern Kentucky! The region had a 23.57% increase in home sales as compared to February 2015. Here are the statistics:

February 2016 vs February 2015

  • 23.57% Increase in homes sold (388 homes vs 314 homes)
  • 1.06% Increase in average sale price ($152,382 vs $150,788)
  • -3.8% Decrease in median sale price ($130,750 vs $131,250)
  • 24.88% Increase in sales volume

January- February 2016 vs January – February 2015

  • 12.54% Increase in homes sold (691 homes vs 614 homes)
  • 7.37% Increase in average sale price ($157,909 vs $147,072)
  • 6.63% Increase in median sale price ($137,750 vs $128,950)
  • 20.84% Increase in sales volume

With a low inventory of homes available on the market for sale, the average sale price has increased. Many new listings are selling quickly in a short time on the market. Mortgage interest rates remain low.

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Statistics courtesy of: Northern Kentucky Association of Realtors Homes Sales Report, February, 2016

 

 

Northern Kentucky Home Sales Up 26 Percent

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Homes are selling in Northern Kentucky! The Northern Kentucky Association of Realtors has reported a 26% increase in May sales as compared to May 2012.

  • 16% increase in average sale price ($173,831) as compared to May 2012
  • 589 homes sold in May (the most for a single month since August 2007) – 26% increase
  • 8% increase in average home price at $152,250