Shelby County, KY Year End Market Report

By
Real Estate Agent with Redfin

State of the Real Estate Market for Shelby County Ky.

 

In the below graph I compared the number of single family homes that sold and closed for 2009, 2010 and 2011:

Shelby County KY Home Sales

 

Encouraging to see that 2011 we are up in number of units sold from the year before.

 

The below graph compares the median sales price for single family homes from 2009, 2010 and 2011:

Shelby County KY Median Sales Price

Even though 2010 saw a decrease in number of units sold the median sales price jumped considerably (up $8,000) from 2009. 2011 stayed about the same as the year before in terms of median sales price, though an increase in units sold.

 

What does all of this mean?

I think all of this points to signs that the market in Shelby County KY is stabilizing and will contiue to climb at a

good steady pace.

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Rainmaker
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Paul Campbell Realtor Lexington
Rector Hayden, Lexington, Ky - Lexington, KY
Kentucky Homes for Sale

Hi Danielle,

Very interesting report in light of what has happened in Central Kentucky.  I just posted a blog on how sales have risen in Central Kentucky but the prices have dropped four percent.  Quite a difference from Shelby County.

Jan 11, 2012 10:18 PM #1
Rainmaker
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Joyce Kelley
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

That is a lot of information and great  post hope your clients appreciate your efforts.

Jan 11, 2012 11:46 PM #2
Rainmaker
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Danielle Field
Redfin - Middletown, KY
Redfin Market Manager

Hi Paul, isn't that funny how different a market can be just a few miles down the road? Thats why it pays to have a Realtor that knows their market!

Joyce, thank you!

Jan 12, 2012 09:55 AM #3
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Rainmaker
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Danielle Field

Redfin Market Manager
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