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Central Kentucky Market Report Apr-23
Source: Lexington Bluegrass Association of REALTORS®
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Lexington Bluegrass Association of REALTORS®
reports median single-family home price up 6.0% in Apr-23 over Mar-23, sales fall to 903.
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Apr-23 Quick Facts:
- The median price of existing single-family homes increased to $250,000 up 6.0% vs Mar-23.
- Existing single-family home sales decreased -8.0% from Mar-23 for a Apr-23 total of 903 sold units.
- Condos increased in price to $225,975 up 8.5% vs Mar-23.
- Existing condo sales increased 3.4% in Apr-23 over Mar-23 for a total of 60 sold units.
Single Family Median Home Price
Apr-22 vs Apr-23
| Clarus MarketMetrics® |
5/31/2023 |
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The Number of Sold Properties by Month
Apr-22 vs Apr-23
| Clarus MarketMetrics® |
5/31/2023 |
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Apr-23 Lexington Bluegrass Association of REALTORS® Regional Sales and Price Activity
| Lexington Bluegrass Association of REALTORS® |
Median Price |
Percent Change in Price from Prior Month |
Percent Change in Price from Prior Year |
Total # Units |
Percent Change in Sales from Prior Month |
Percent Change in Sales from Prior Year |
| |
Apr-23 |
Mar-23 |
Apr-22 |
Apr-23 |
Mar-23 |
Apr-22 |
| MLS Wide |
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| LBAR (Single Family) |
$250,000 |
6.0% |
2.0% |
903 |
-8.0% |
-31.1% |
| LBAR (Condo) |
$225,975 |
8.5% |
5.1% |
60 |
3.4% |
-26.8% |
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| LBAR Region Cities |
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| Single Family Only |
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| Berea |
$212,000 |
-16.9% |
-15.2% |
31 |
-3.1% |
-29.5% |
| Cynthiana |
$213,000 |
20.0% |
9.2% |
16 |
-23.8% |
60.0% |
| Frankfort |
$242,500 |
1.0% |
32.5% |
40 |
0.0% |
-16.7% |
| Georgetown |
$293,000 |
-6.7% |
4.6% |
47 |
-17.5% |
-37.3% |
| Harrodsburg |
$239,000 |
13.7% |
20.9% |
19 |
-9.5% |
-40.6% |
| Lancaster |
$209,050 |
24.2% |
7.2% |
8 |
-33.3% |
-57.9% |
| Lawrenceburg |
$259,000 |
7.7% |
16.3% |
18 |
28.6% |
-43.8% |
| Lexington |
$301,000 |
11.5% |
-3.2% |
221 |
6.3% |
-33.0% |
| Mt Sterling |
$207,500 |
-3.5% |
4.0% |
25 |
19.0% |
13.6% |
| Nicholasville |
$350,000 |
16.7% |
3.9% |
17 |
-41.4% |
-71.2% |
| Paris |
$235,000 |
9.3% |
56.7% |
15 |
15.4% |
25.0% |
| Richmond |
$274,950 |
3.8% |
2.6% |
56 |
-8.2% |
-21.1% |
| Versailles |
$377,000 |
30.0% |
39.6% |
18 |
-37.9% |
-50.0% |
| Wilmore |
$248,000 |
24.0% |
-36.0% |
6 |
100.0% |
200.0% |
| Winchester |
$235,000 |
-4.1% |
10.6% |
22 |
-38.9% |
-35.3% |
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Single Family = Single Family
Condo = Townhome, Condominium
Reports generated from Clarus MarketMetrics®
Contact your real estate professional for additional local market trends in your neighborhood. Reports were generated from ClarusMarketMetrics®, available as a subscription service and powered by Terradatum, creators of BrokerMetrics® To register for a free trial account, visit ClarusMarketMetrics®
Data for this report furnished by Lexington Bluegrass Association of REALTORS®. More information is available at Lexington Bluegrass Association of REALTORS®
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