The Northern Kentucky 2009 Real Estate Market numbers are in and we would like to share them with you.  These numbers are taken from the Northern Kentucky Multiple Listing Service as of February 6, 2009.

Residential Property SOLD in 2008  - 5,142 Units

Residential Property SOLD in 2009 - 4,852 Units

THIS TOTALS TO a -5.65% DECREASE from 2008

 

Average Price SOLD in 2008 - $160,531

Average Price SOLD in 2009 - $139,537

THIS TOTALS TO A -13.08% DECREASE from 2008

 

Median Price in 2008 - $132,000

Median Price in 2009 - $126,600

THIS TOTALS TO A -4.17% DECREASE from 2008

 

Total Dollar Volume for 2008 - $825,452,718

Total Dollar Volume for 2009 - $677,032,211

THIS TOTALS TO A -17.98 DECREASE in SALES VOLUME

Northern Kentucky got hit pretty hard the first part of 2009 until about mid-year.  Currently, the market is brisk due to the $8,000 and $6,500 tax deduction.  REMEMBER, now is an EXCELLENT time to buy!!  In order to take advantage of the tax credit you must have a SIGNED contract by April 30, 2010 and close by June 2010.  Questions about the tax credit?  Click Here for more information!!!

For Northern Kentucky properties currently for sale, Click Here.

For The Mike Parker Team properties for sale, Click Here.

For Northern Kentucky properties currently for sale by SCHOOL DISTRICT, Click Here.

We can help you find any home in the Greater Cincinnati/Northern Kentucky area!!  Contact Us today!!