Northern Kentucky REALTORS® encourage homeowners to consider listing now because average selling prices for the last 6 months have been consistently higher than normally seen in our local market. This is just the news that NKY homeowners have been waiting for. Low inventories of active homes for sale are driving average sale prices up to levels that are higher than prices recorded in the real estate boom of 2006 and 2007.
You have to strike when the market is hot, as the old saying goes, and that’s so true now when inventories of homes for sale in Northern Kentucky are at an all-time low. In November, 2,106 active listings were available, the lowest number for all of 2015, and even for as long as the MLS has been tracking active listing inventories. Now is the perfect time to ready your home for the spring selling market. Home sellers have a perfect opportunity to make a quick sale if their home is move in ready, priced right and has features and amenities today’s buyer is looking for.