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NORTHERN KENTUCKY APRIL 2013

Northern Kentucky- April 2013 Market Trends

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Presented by RE/MAX of Kentucky. Make Your Move with the #1 Name in Real Estate. Go to remax-kentucky.com or Call 1-877-345-REMAX to connect to an agent about buying a home or selling your home in today’s market.

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Page 1: Northern Kentucky- April 2013 Market Trends

NORTHERN KENTUCKY APRIL 2013

Page 2: Northern Kentucky- April 2013 Market Trends

APRIL 2013

Comparing 2012 to 2013, there are…

77 more Properties sold than this time last year

Listings have been selling 4 days faster in 2013 than 2012

20% more listings under contract compared to 2012

6% less listings for sale in 2013

Average sales price has decreased in 2013 by 10% or

$14,751

23% less monthly supply of inventory in 2013

NORTHERN KENTUCKY

Page 3: Northern Kentucky- April 2013 Market Trends

NUMBER OF PROPERTIES SOLD

77 more properties soldthan this time last year

APRIL 2013NORTHERN KENTUCKY

Apr-12 May-12 Jun-12 Jul-12 Aug-12Sep-12 Oct-12 Nov-12Dec-12 Jan-13 Feb-13 Mar-13 Apr-13

-

100

200

300

400

500

600

Page 4: Northern Kentucky- April 2013 Market Trends

DAYS ON THE MARKET

Listings have been selling 4 days faster in 2013 than 2012

APRIL 2013NORTHERN KENTUCKY

Apr-12May-12 Jun-12 Jul-12 Aug-12Sep-12 Oct-12 Nov-12Dec-12 Jan-13 Feb-13 Mar-13 Apr-13

-

20

40

60

80

100

120

Page 5: Northern Kentucky- April 2013 Market Trends

PENDING LISTINGS

APRIL 2013

20% more listings under contract compared to 2012

NORTHERN KENTUCKY

Apr-12 May-12 Jun-12 Jul-12 Aug-12Sep-12 Oct-12 Nov-12Dec-12 Jan-13 Feb-13 Mar-13 Apr-13

-

100

200

300

400

500

600

700

Page 6: Northern Kentucky- April 2013 Market Trends

NUMBER OF LISTINGS FOR SALE

APRIL 2013

6% less listings for sale compared to 2013

NORTHERN KENTUCKY

Apr-1

2

May

-12

Jun-

12

Jul-1

2

Aug-

12

Sep-

12

Oct-1

2

Nov-1

2

Dec-1

2

Jan-

13

Feb-

13

Mar

-13

Apr-1

3

-

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

Page 7: Northern Kentucky- April 2013 Market Trends

AVERAGE SALES PRICE

APRIL 2013

Average sales price has decreased in 2013 by 10% or $14,751

NORTHERN KENTUCKY

Apr-1

2

May

-12

Jun-

12

Jul-1

2

Aug-

12

Sep-

12

Oct-1

2

Nov-1

2

Dec-1

2

Jan-

13

Feb-

13

Mar

-13

Apr-1

3

$-

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000

$160,000

Page 8: Northern Kentucky- April 2013 Market Trends

MONTHLY SUPPLY OF INVENTORY

APRIL 2013

23% less monthly supply of inventory in 2013

NORTHERN KENTUCKY

Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

Page 9: Northern Kentucky- April 2013 Market Trends

Data provided by Terradatum.  The above representation is based in whole or in part on data from the local Multiple Listing Service for the time period indicated.  RE/MAX, the Multiple Listing Service, and the member Associations of REALTORS do not guarantee or are in any way responsible for the data accuracy.