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Buy now! Union KY homes holding value!
WELCOME UNION BUYERS AND SELLERS! Let's take a quick look at how the begining of 2013 is stacking up for the Union Kentucky single family home market on this cold, wintery day. It will be your clue to selling and buying in this market during January. Just to note, we have already reached a tipping point when there is a decrease in inventory and an increase in buyers, so be prepared to run up against mulitple bid situations in this market!
Today, January 2nd, we have 135 single family homes for sale in the Union area with a median list price of $269,900. The average days on market expectation for these homes before they sell is now at 119 days, so sellers take note. We also should point out that there are currently 46 Union sales pending right now, with a median sale price of $212,000 and an average days on market of 114.
If you are buying in, you will be glad to know that the vaues have been holding quite well for the last 6 months. There has been less than a 2% spread between the asking price and the final sales price during this period. Something to note ... more
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