Residential real estate sales
by members of the Lexington-Bluegrass Association of REALTORS® (LBAR) positively
impacted the AndersonCounty economy in 2009 with
234 reported sales totaling $30,688,701. Sales continue to be a driving force
in the AndersonCounty 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.
Residential sales
increased 47% during 2009 vs. 2008, increasing from 159 sales closed to 234.
During December 2009 sales increased 56% compared to December 2008. Average
days on market fell 15% for the year in AndersonCounty
and 9% for December 2008 vs. December 2009. The median sales price rose 13% for
the same time period, increasing from $113, 772 to $128, 575.
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 2,100
REALTORS® located in Anderson, Bourbon, Boyle,
Clark, Fayette, Franklin, Garrard, Harrison,
Jessamine, Madison, Mercer, Montgomery,
Scott and WoodfordCounties. 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.
