LBAR announces 700k in year-to-date real estate sales for Nicholas County
Jul 20th, 09
Residential real estate sales by members of the Lexington-Bluegrass Association of REALTORS® (LBAR) positively impacted the Nicholas County economy in 2009 as of June 30 with 12 reported sales totaling $728,801. Sales continue to be a driving force in the Nicholas 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.
Average days on
market plummeted in June 2009 vs. June 2008 and year-to-date 2008 vs. 2009,
falling 55% and 52% respectively. Inventory increased in Nicholas County
57% in June 2009 vs. June 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).
