The document summarizes housing market data for Northern Kentucky from April 2015. It reports that the median home sales price was $133,000 in April, down 6% from March but up 3% from April 2014. The number of closed home sales transactions increased 7% over March and 32% over April 2014. The average days on the market was 86 days, which was 1 day more than March but 4 days less than April 2014. The months supply of inventory was 3.5 months at the end of April, down 8% from March and down 8% from April 2014.

1. APRIL 2015NORTHERN KY MLS

2. MEDIAN SALES PRICE
NORTHERN KY MLS
The Median Price for all homes sold in April was $133,000, which is 6% lower than the
median price in March and 3% higher than the median price in April 2014.
APRIL 2015
$133,000
$129,000
APRIL 2015
APRIL 2014
3%
$133,000
$120,000
$125,000
$130,000
$135,000
$140,000
$145,000

3. CLOSED TRANSACTIONS
NORTHERN KY MLS
The Market Trend Report for April showed a 7% increase in the number of Closed
Transactions over March and a 32% increase over sales in April 2014.
APRIL 2015
533
403
APRIL 2015
APRIL 2014
32%
533
0
100
200
300
400
500
600
700

4. DAYS ON THE MARKET
NORTHERN KY MLS
The average Days on the Market for all homes sold in April was 86. This is 1 day more
than the average in March and 4 days less than the average in April 2014.
APRIL 2015
86
90
APRIL 2015
APRIL 2014
4%
86
0
10
20
30
40
50
60
70
80
90
100

5. MONTHS SUPPLY OF
INVENTORY
NORTHERN KY MLS
The number of Months Supply of Inventory at the end of April was 3.5 which is 8%
lower than March and an 8% decrease from April 2014.
APRIL 2015
3.5
3.8
APRIL 2015
APRIL 2014
8%
3.5
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0

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
Northern Kentucky 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).