June 18, 2020

Lexington Real Estate Market Recap: June 11-18

Pleasant weather and the reopening of our economy has improved our local real estate market week-over-week. We're seeing a gradual increase in listings and pending sales among incredibly low interest rates. Today's recap covers the prior 7 days of Lexington's real estate market, showing recent gains.

  • 81 New Listings (4% increase)
  • Highest Listing: $1.375 Million
  • Lowest Listing: $64,500
  • Average Listing Price: $378,140
  • Median Listing Price: $339,000
  • 53 Sold Homes (33% increase)

Many feel that the housing market will drive the recovery of our economy, especially in a strong market like Lexington. With mortgage rates still near record-lows, it remains an incredible time to buy a home with the help of a great real estate agent.