northern kentucky market trend re/port- august

Download Northern Kentucky Market Trend RE/port- August

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August 2012 Market Trends for the Northern Kentucky area.

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  • 1. RE/MAX of Southern Ohio Northern KentuckyMarket Trend RE/portAugust 2012September 14, 2012

2. August Highlights 2012 vs. 2011 For Northern Kentucky comparing 2011 to 2012 there are . . . 57 more Properties sold than this time last year Listings have been selling 11 days faster in 2012 18% more listings under contract compared to August 2011 15% less listings for sale in 2012 Average sales price has increased in 2012 by 3% or $4,000 39% less monthly supply of inventory in 2012 Inventory is dropping and prices are going in the right direction!Page 2 3. Number of Units Sold Page 3 4. Days on Market Page 4 5. Pending Listings(Under Contract) Page 5 6. Number of Listings For Sale Page 6 7. Average Sales PricePage 7 8. Monthly Supply of Inventory (Under Contract) Page 8 9. Data provided by Terradatum. The above representation is based in whole or in part on data from the local Multiple ListingService for the time period indicated. RE/MAX, the Multiple Listing Service, and the member Associations of REALTORS do notguarantee or are in any way responsible for the data accuracy.