Buyers Beware! The Florence Ky home market is buzzing!

Real Estate Agent with Exit Realty

As you read this blog on this blistery, winter day in December, you may think that there are less buyers out there searching for homes for sale in Boone County KY right now due to the cold weather or simply because it's just that traditional slow time of year. On the contrary, you may be surprised to learn that the real estate market is very much alive right now and bustling with activity! Buyers are aggressively looking to either invest or purchase their next home. It's really not a time to pass on the market if you are, indeed, searching for a new home. In fact, I think you'll probably be in disbelief to find out that you may end up in multiple bids on the home you finally do place an offer on!

Here in the Florence, KY area, it's no different! In fact, here are a few fun facts for the Florence Ky home market on this chilly 27th day of December. First off, the single family homes for sale currently stand at 176 with prices ranging from $36,000 to $119,800. The median sales price is at $99,450. Second, we currently have 48 home sales that are pending right now. Third, in the last 6 months, 223 homes have sold in Florence with a median list price of $72,900 and a median sale price of $64,500. That makes the spread in this market approx. 12%, which is h-u-g-e! So word to the wise for my Florence home buyers is to get out there NOW to take advantage of this market and be prepared to make your best offer so someone else doesn't take it from you!

Florence, KY is located 10 miles south of Cincinnati, OH, with easy access to interstate I-75/I-71 and the Greater Cincinnati Northern KY International Airport. It is Kentucky's 8th largest city and the 2nd largest growing city in Northern KY. Florence has a state of the art medical facility at St. Elizabeth hospital, a whole host of parks to enjoy the outdoors, an entire shopping district on Mall Rd and a long parade of specialty shops and dining establisments throughout the city.

So why not take a look now and find your gem in the Florence, KY single family home market before someone else does!

NORTHERN KENTUCKY Real Estate Sales - Cathy Miles Realtor®
CINCINNATI, OHIO Real Estate Sales - Cathy Miles Realtor®

I specialize in helping buyers & sellers with their real estate needs in Northern KY and in Cincinnati, OH .
With passion, I invite you to board my boat for your next destination and allow me the opportunity to help you navigate the ever changing currents of this incredible market!

just ask cathy...513.673.7726
Helping to educate buyers & sellers to make sound real estate decisions. __________________________________________________________________________________________________________________________________________
KY & OH Realtor® /EXIT Realty / /513.673.7726 /

Comments (1)

Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin


Very nice post. Hope you have a wonderful week and a Happy New Year. 

Dec 27, 2012 06:39 AM

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