NKY Real Estate Market Update July 2016
The Northern Kentucky Association of REALTORS® and the NKY MLS report sales of residential homes
slowed in July by -4.37%. Year to date through July, home sales 3,928 are still fast paced, up by 8.81% over year to date 2015 3,610. In July, the average selling price was the highest recorded by the MLS $184,547.
Low inventory and high demand explains the higher selling prices this year. Active listing inventory has been increasing monthly, topping 2,000 for the first time this year. Many more listings are needed to keep pace with the consumers in the market hoping to buy. Looking back to this same time of 2015, there were nearly 2,500 homes on the market waiting for offers.
632 Rivershore Dr, Hebron, KY 41048 ~ Rivershore Farms
2776 Fister Place Blvd, Hebron, KY 41048
$129,900 Short Sale
2332 Sawmill Ct, 205, Burlington, KY 41005 ~ Darlington Farm
2 bedrooms, 2 full bathrooms, 2nd floor condo, deck, electric heat, central air, laundry room with washer & dryer included, trash & water included. Community pool, tennis, & clubhouse with exercise area.
284 Madison, Covington, KY 41017
As a full time real estate agent, I am dedicated to provide the highest quality service and uphold my clients best interest throughout the entire process of buying and selling real estate in Northern Kentucky.
To get started, give me a call at 859-525-5753 or email ACW@HUFF.com.