LBAR announces $534.5 million in year-to-date real estate sales for Fayette County
Oct 15th, 09
Residential real estate sales by members of the Lexington-Bluegrass Association of REALTORS® (LBAR) positively impacted the Fayette County economy in 2009 as of September 30 with 2,889 reported sales totaling $534,518,944. Sales continue to be a driving force in the Fayette 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.
Sales rose 13% in Fayette County in September 2009 vs. September 2008. Median sales prices in Fayette County remained stable for the year-to-date, falling only 4% for the year-to-date as of September 30 vs. 2008. Average days on market also fell 4% during September 2009 vs. September 2008.
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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