Housing demand, coupled with record low interest rates, have positively impacted home sales in the Central Kentucky region for several years. And 2020 is not an exception. Transactions in November spiked 19 percent for the month over the same time last year, with 1,195 total sales versus 1,002 in 2019. The monthly total is a record for the month and pushed sales for the year up 7 percent.

The Lexington-Bluegrass Association of REALTORS® (LBAR) held a Day of Giving to support local charities during the holiday season. The project, coordinated through the Community Education & Outreach Committee of LBAR, selected 10 organizations and awarded each with a $500 donation to help cover necessary costs during a time of the year when funding is needed the most.

Demand throughout the region has driven up home prices over the first nine months of the year. The median price of a home in September hit $209,900, a 17 percent increase over last year when the median was $180,000. The September median is up over 2 percent from the previous month and has spiked 21 percent from January. Home prices have risen for 19 straight months with September recording the fourth consecutive month with median prices closing above the $200,000 level.