Residential real estate sales by members of the Lexington-Bluegrass Association of REALTORS® (LBAR) positively impacted the Harrison County economy in first quarter 2017 with 34 reported sales totaling $3,773,664. Sales continue to be a driving force in Harrison County economy.
Residential sales increased 31 percent from 26 sales reported in first quarter 2016 to 34 sales reported in first quarter 2017. The median sales price increased 23 percent from $84,500 in first quarter 2016 to $104,125 in first quarter in 2017. The average days on the market decreased 13 percent from 96 days in first quarter 2016 to 84 days in first quarter 2017.
Residential sales in Harrison County increased 20 percent from March 2016 with 10 sales compared to 12 sales in March 2017. Pending sales decreased from 23 in March 2016 to 18 pending sales reported in March 2017. The median sales price had decreased from $116,500 in March 2016 to $111,500 in March 2017. New listings decreased 20 percent from 25 new listings in March 2016 to 20 new listings in March 2017.
As the region’s leading advocate for homeownership, Lexington-Bluegrass Association of REALTORS® (LBAR) understands the value and joy of owning a home. LBAR represents more than 2,900 REALTORS® located in Anderson, Bath, Bell, Bourbon, Clark, Clay, Elliott, Fayette, Franklin, Harrison, Jackson, Jessamine, Knox, Laurel, Menifee, Montgomery, Nicholas, Powell, Rowan, Scott, Whitley, 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 Chief Executive Officer (859-276-3503 or via e-mail, email@example.com).