A nonprofit publication of the Kentucky Center for Public Service Journalism

Real estate sales pause during spring season; buyer demand remains strong with rebound in foot traffic

For the first time since June of 2019, real estate sales in the region experienced a decline year-over-year, with the current pandemic and the ongoing inventory issues creating a ripple in the market. Total sales in April were down 18 percent over last year, with 968 transactions in 2020 compared to 1,180 in 2019. Single-family home sales dropped 19 percent, with 906 sales compared to 1,114 last year....

Central Kentucky sees huge increase in home sales for September; buyer demand shrinks inventory

The start of the fall season has produced a robust real estate industry with the number of transactions in September skyrocketing. Sales were up 17 percent compared to last year, with total transactions for the month reaching 1,180, compared to 1,010 in 2018. September marks three consecutive months of year-over-year increases. Single-family home sales matched overall sales, rising 17 percent overall,...