Just a quick update on the Single Family real estate market in Trigg County as of today. All data is from the Western Kentucky Regional MLS.
Single Family Unit sales continue on a pace that will show a good improvement over last years sales. To date there have been 168 units sold while only 146 units were sold in the same period last year. Median sold price this year has steadily increase to and average of $146,200. while last years Median stood at $120,000 at this time.
Average Days on Market for all 106 active units has been 177 days while sold units so far averaged 176 days on market. Available active units has held steady for the last 4 weeks but is down from inventory numbers this past summer.
Finally, Sales Price to List Price ratio stands at 93.62% which indicates a strong market as does the number of Pending sales (21). Pending sales drop will indicate a slowing market but happily we have not noted that yet.
Hope this was informative. If you have questions or comments please log on and join the conversation. Have a safe and happy Holiday Season. Charlie