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Market Update

Bourbon County

Q3 2024

Residential Property Snapshot

Single Family Homes & Condos | Q3 2024
Med. Sales Price
$276k
23% more than in
Q3 2023
Avg. Days On Market
30
33% fewer than in
Q3 2023
Closed Sales
45
5% more than in
Q3 2023
Inventory
38
5% fewer than in
Q3 2023

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 2024

Median Sales Price vs. Average Days on Market

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q3 Last 5 Years
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q3 2024

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'23 - '24
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
-5%
New Listings
New Listings represents the number of properties listed during the quarter.
-31%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
-13%
Closed Sales
5%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
-33%

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Data provided by Lexington Bluegrass Association of Realtors. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Sep 30, 2024 end of day. This report was last updated Oct 3, 2024.

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