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What’s happening in our housing market? Recently, there’s been an increase in new listings and pending sales, with the average sales price also going up. There is also a trend towards new construction compared to last year. Today, new listings and pending sales for new constructions have significantly decreased along with a drip in average sales price. Could this mean that this is a sign for potential buyers to look for new construction homes?
Listen to the video above to hear the whole market update or skip to a topic that interests you by using the timestamps below:
0:00 — Introduction
0:37 — Central Kentucky Market Overview
2:01 — Lexington Market Overview
3:21 — New Construction Insights
5:55 — Personalized Market Data
6:56 — Additional Real Estate Resources
As always, I’d like to hear what you think. Drop a comment below or you can call me at (859) 721-2200. I am looking forward to serving you!