Admin

The State Of Real Estate In Owensboro, KY

By
Real Estate Agent with Real Living / Home Realty 29202

Owensboro Ky Real Estate sales 2014

· Although home prices in Owensboro have stabilized, the market is still a bit soft in the $300,000 to $400,000 range; and still very challenging  and competitive for homes priced over $400,000. 

 

· Buyers in all price ranges continue to have  high expectations regarding property condition: desiring properties that require little or no updating.  Hardwood flloors, granite counter tops and tiled baths are stil very popular among buyers in all age groups.

 

· Sellers who wish to market properties in need of repair will continue to see sales prices  well below market value.  Many investors are still in the market for properties to flip or rent out, but expect to purchase them at a significantly discounted rate.

 

Curious about your Neighborhood?

Call me for Market Statistics in Your Neighborhood!

Karen Pannell- All Things Real Estate In Owensboro KY

Real Living Home Realty

270-903-2167

 


 

 Copyright2015Karen Pannell

David Saks
Memphis, TN
Broker / Industry Analyst

Great information and a fine post. Have a terrific weekend.

Feb 20, 2015 11:19 AM