Presented by RE/MAX of Kentucky. Make Your Move with the #1 Name in Real Estate. Go to remax-kentucky.com or Call 1-877-345-REMAX to connect to an agent about buying a home or selling your home in today’s market.

1. JUNE 2013LEXINGTON MLS

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. 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. 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. 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. 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).