A nonprofit publication of the Kentucky Center for Public Service Journalism

LBAR’s October housing report: Cooler months heat up for Bluegrass real estate sales

Homes in Central Kentucky sold much quicker in October this year than in 2018. Days on market throughout the region fell 20 percent, with homes selling in an average of 41 days in 2019 versus 51 in October last year. More than 61 percent of all transactions occurred in less than one month with only 8 percent taking longer than four months. With homes selling so rapidly, and total sales surging, the...

Home sales continue to climb going into fall buying season; Central Kentucky’s August sales up 4%

The weather was hot in August and so was the real estate market in Central Kentucky. Sales were up 4 percent compared to last year, with total transactions in August reaching 1,389, compared to 1,339 in 2018. Single family home sales jumped 5 percent overall, 1,311 in August versus 1,252 in 2018. Condos/townhome sales dropped to 78 in August from 87 last year, a decrease of 10 percent. Year-to-date,...