Richmond Real Estate Market Conditions & Reports, Richmond Market Trends, Kentucky

Market Commentary Provided by Brenda Stewart

Report Date

Fall 2009

Search For Homes in Richmond
City:
Property Type:

Minimum Price	Maximum Price

Min. Beds	Min. Baths

CONNECT WITH A LOCAL PROFESSIONAL

Brenda Stewart
Keller Williams Bluegrass
Lexington, Kentucky
859.312.5994
Brshomes@aol.com
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

90-120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$168,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 0-5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Richmond is

Seller Activity for the past 90 days in Richmond is

Is Financing Available For Qualified Buyers in Richmond?

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

Housing market has slowed somewhat, but the market is still strong. The price range that sells quickest is under $200,000.

Reason to Buy/Sell

Job Growth

Average Sold Price

$168,000 - 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.

Click here for full article...