1. JUNE 2014LEXINGTON MLS

2. MEDIAN SALES PRICE
LEXINGTON MLS
The Median Price for all homes sold in June was $154,000, which is 8% higher than the
median sales price in May and 5% more than the median sales price in June 2013.
JUNE 2014
JUNE 2013
$154,000
$147,000
5%
JUNE 2014
$154,000
$120,000
$125,000
$130,000
$135,000
$140,000
$145,000
$150,000
$155,000
$160,000

3. CLOSED TRANSACTIONS
LEXINGTON MLS
The Market Trend Report for June showed a 6% increase in the number of Closed
Transactions over May and a 12% increase over sales in June 2013.
1,070
959
12%
JUNE 2014
JUNE 2014
JUNE 2013
1070
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 81. This is 14 days less
than the average from May and 8 days more than the average in June 2013.
11%
81
73
JUNE 2014
JUNE 2014
JUNE 2013
81
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 5.6 which is 17% higher
than May and an 11% decrease over June 2013.
5.6
6.3
11%
JUNE 2014
JUNE 2014
JUNE 2013
5.6
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).