A cold stretch in the middle of February shook up the real estate market. Showings plunged during the middle of the month when a winter ice storm shut down Central Kentucky. For a two-week period, showings were less than the averages in both 2019 and 2020, and February ended with a 16 percent dip in foot traffic. By the end of the month, however, showings were back above the numbers seen over the previous two years.

Continuing a long-term commitment to healthy communities for central Kentucky homeowners, the Lexington-Bluegrass Association of REALTORS® (LBAR) announced its $2,000 investment in the Richmond Industrial Development Corporation. Over the past 17 years, LBAR has made available close to $600,000 to promote economic development across central Kentucky.

The first month of the new year saw colder temperatures but hotter activity compared to 2020. Total home sales reached 939 in January compared to 828 during January last year, an increase of 13 percent. Transactions in January were the highest monthly total on record, breaking the previous record from 2020. Both single-family homes and townhouse/condo saw a sales increase of 13 percent for the month, matching the overall sales tally for January.