Central KY housing market sees positive increases in major categories
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The housing market in the Bluegrass region continued to show signs of steady activity and balanced growth, according to the latest market report released by Bluegrass Realtors®. While inventory levels improved and new listings and pending sales increased, home prices and buyer demand remained resilient heading into the spring market.
A good sign for buyers in what is typically the hottest season for real estate, inventory levels continue to rise. With 3,980 homes available in April, that represents a 5% increase over the 3,780 homes available last year and up 7% from the previous month. April’s supply was the month’s highest since the start of the pandemic in 2020. Inventory has now posted 30 months of consecutive year-over-year growth.
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