JUNE 2013LEXINGTON MLS
MEDIAN SALES PRICE
LEXINGTON MLS
The Median Price for all homes sold in June was $147,000, which is 1% less than the
media...
CLOSED TRANSACTIONS
LEXINGTON MLS
The Market Trend Report for June showed a 4% decrease in the number of Closed
Transactio...
DAYS ON THE MARKET
LEXINGTON MLS
The average Days on the Market for all homes sold in June was 73. This is 13 days
less th...
MONTHS SUPPLY OF
INVENTORY
LEXINGTON MLS
The number of Months Supply of Inventory at the end of June was 6.3 which is a
21...
Description
The Market Trend Report is distributed each month on or about the 15th.
The Report is based on data provided b...
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Lexington MLS Market Trend Report June 2013

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Lexington MLS Market Trend Report June 2013

  1. 1. JUNE 2013LEXINGTON MLS
  2. 2. MEDIAN SALES PRICE LEXINGTON MLS The Median Price for all homes sold in June was $147,000, which is 1% less than the median price in May and 2% less than the price in June 2012. JUNE 2013 JUNE 2012 $147,000 $150,000 2% JUNE 2013 $147,000 $115,000 $120,000 $125,000 $130,000 $135,000 $140,000 $145,000 $150,000 $155,000
  3. 3. CLOSED TRANSACTIONS LEXINGTON MLS The Market Trend Report for June showed a 4% decrease in the number of Closed Transactions over May and a 17% increase over sales in June 2012. 2013 MAY 2012 959 817 17% JUNE 2013 JUNE 2013 JUNE 2012 959 0 200 400 600 800 1000 1200
  4. 4. DAYS ON THE MARKET LEXINGTON MLS The average Days on the Market for all homes sold in June was 73. This is 13 days less than the average in May and 20 days less than the average in June 2012. 22% 73 93 JUNE 2013 JUNE 2012 JUNE 2013 73 0 20 40 60 80 100 120
  5. 5. MONTHS SUPPLY OF INVENTORY LEXINGTON MLS The number of Months Supply of Inventory at the end of June was 6.3 which is a 21% increase over May and a 2% decrease from June 2012. 6.3 6.4 2% JUNE 2013 JUNE 2013 JUNE 2012 6.3 0.0 2.0 4.0 6.0 8.0 10.0 12.0
  6. 6. Description The Market Trend Report is distributed each month on or about the 15th. The Report is based on data provided by Terradatum from the local Lexington Multiple Listing Service and is not annualized. While MLS and Terradatum data are believed to be accurate, it cannot be guaranteed. MLS data is constantly being updated, making any analysis a snapshot at a particular time. Data for prior periods is not being recalculated for this report. Definitions Median Sales Price is the median price of all residential properties sold during the month. Closed Transactions are the number of residential transactions closed during the given month. Days on the Market is the number of days that pass from the time a property is listed until the property goes under contract for all residential properties sold during the month. Months Supply of Inventory is the total number of residential properties listed for sale at the end of the month (active inventory) divided by the number of sales contracts signed (pended) during the month).

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