The following information was taken from the Northern Kentucky Multiple Listing Service (MLS) on August 9, 2011.  It reflects the residential properties in the MLS.  This includes residential homes, condominiums and town-homes.  All information is as of January 1, 2011.

  Active Listings Listings Under Contract Sold Listings
# Properties 3882 677 2438

 

 

 

Approximately the average number of homes sold per month so far in 2011 has been 348.  This makes an 11.16 month supply of residential property in Northern Kentucky.

Out of those 3882 active listings, there are 190 active foreclosed properties for sale that are foreclosures.  That is 5% of our residential inventory in the MLS.  Year to date, 587 foreclosed properties have sold.  That's approximatly 24% of our sales since January 1, 2011.  This is about the same number as its been for the last two years.  Recieve your list of NKY Bank Owned Homes and foreclosed properties for sale in Northern Kentucky today. 

Inside the Northern Kentucky MLS there are 423 "NEW" homes for sale (New homes by builders).  259 "NEW" construction homes have sold since January 1, 2011.

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The following information was brought to you by Mike Parker of HUFF Realty "Northern Kentucky's Real Estate Expert."  Contact him today today for all of your real estate needs.