LBAR announces $19.6 million in Clark County real estate sales as of June 30, 2010

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July 13th, 2010

Residential real estate sales by members of the Lexington-Bluegrass Association of REALTORS® (LBAR) positively impacted the Clark County economy as of June 30, 2010 with 151 reported sales totaling $19,621,425. Sales continue to be a driving force in the Clark County economy when considering the multiplier effect on the area of buyers and sellers who purchase appliances, carpet, flooring, landscaping, etc in response to their transaction needs.

For the year-to-date 2010 vs. 2009, residential sales increased 5%, rising from 144 units sold during the first six months of 2009 to 151 units sold during the first six months of 2010. The median sales price increased 9 percent to $123,500 for the same time period.The median sales price in June 2010 vs. June 2009 increased 7 percent to $131,000.

As the region’s leading advocate for homeownership, Lexington-Bluegrass Association of REALTORS® understands the value and joy of owning a home. LBAR represents more than 2,300 REALTORS® located in Anderson, Bourbon, Boyle, Clark, Fayette, Franklin, Garrard, Harrison, Jessamine, Madison, Mercer, Montgomery, Scott and Woodford Counties. Visit www.lbar.com or call 859-276-3503 for buying and selling resources and real estate listings. For additional information please contact Elaine Hangis, LBAR executive vice president (859-276-3503 or via e-mail, Elaine@lbar.com).

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