Georgetown and Versailles Real Estate Market Conditions & Reports, Georgetown and Versailles Market Trends, Kentucky

Market Commentary Provided by Brenda Stewart

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Brenda Stewart
Keller Williams Bluegrass
Lexington, Kentucky
859.312.5994
Brshomes@aol.com
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Nearest Metro Area

Lexington, KY

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

60-90 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$175,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

No Change

Prices As % of Asking Price

More than 100%

Multiple Offers?

Yes

Greatest Activity

Single-Family Homes

Buyer Activity for the past 90 days in Georgetown and Versailles is

Seller Activity for the past 90 days in Georgetown and Versailles is

Is Financing Available For Qualified Buyers in Georgetown and Versailles?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Good economic news

Average Sold Price

$175,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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