A total number of 4,737 listings were sold in Kentucky during July, a 1.68% uptick from the previous month and a 3.6% year-over-year increase.
According to data from Kentucky Realtors, the state had 6,802 new listings last month a 4.8% increase from June and an 8.7% year-over-year surge. There was 3.22 months of inventory available across the state, down from 3.27 in June. Listings averaged 14 days on the market, up by one day from the prior month and up by three days from one year earlier.
July’s median sales price of $279,900 marked a 1.81% decline from June, but it was also 5.6% higher than July 2024’s price.
“With another month of more than $1.5 billion in total sales, Kentucky’s real estate market is maintaining its seasonal strength as we approach the end of summer,” said Barb Curtis, president of Kentucky Realtors. “The median sales price up 5.6% year-over-year is great for sellers, however, buyers are still benefiting as the number of new listings and days on market continue to increase. Inventory is staying on the market longer, so buyers have more to choose from and can engage confidently when looking for their dream home.”
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