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Broker Breakdown: Market Holding Strong at Mid-Year

  • Pam Jury
  • 07/22/25

Each month, Pam Jury, Principal Broker at Christie's International Real Estate Bluegrass, analyzes the local real estate market in Central and Southern Kentucky and breaks down the data. In June 2025, we're seeing a market holding strong and demonstrating growth and stability.

As we hit the halfway point of 2025, the Central Kentucky real estate market continues to show its resilience and strength. Despite national conversations around interest rates and market shifts, our local market is holding steady, and in many key areas, it’s growing.

Monthly Snapshot: Growth and Stability

June was a positive month in nearly every category. Compared to June of last year, the number of homes sold increased by just over 7%, a strong sign that buyers are still actively engaging with the market. Pending sales were even more impressive, jumping 13%. A clear indicator that buyer demand remains strong and consistent.

Home prices also continued their gradual climb, with the median sales price for June rising over 3% to $299,900. While values are increasing, they’re doing so at a sustainable pace, which is encouraging for both buyers and sellers. On the listing side, seller activity is gaining ground, with new listings up 4% compared to last June.

One area worth watching is the average time it’s taking homes to sell. Days on market rose by 9 days, now averaging 40. While this is a slight slowdown, it reflects a more normalized market pace after the frenzy of the past few years, and it’s still a relatively quick timeline by historical standards.

Year-to-Date Trends: Solid and Steady

Zooming out to look at the first six months of 2025 compared to the same period in 2024, the story remains one of steady, healthy growth. The number of sold listings is up just over 2%, and the median sales price is up by about 3% year-over-year, sitting at $282,000. New listings are up more than 5%, which is providing much-needed options for buyers. Meanwhile, pending sales have climbed nearly 6%, reflecting strong engagement and a robust pipeline of future closings.

Even though average days on market have risen slightly year-to-date (from 40 to 49), it’s part of a broader return to balance and should not be viewed as a slowdown, but rather as a more even playing field between buyers and sellers.

What It Means Moving Forward

The big takeaway? The Central Kentucky real estate market is not only holding strong—it’s thriving in a sustainable, balanced way. We’re seeing growth in all the right places: more listings, steady price appreciation, and increased buyer activity. Homes are still selling, people are still moving, and confidence remains high on both sides of the transaction.

Whether you're a buyer looking for options or a seller wondering if now is the right time to list, the answer is yes—this market continues to deliver opportunity.

If you're navigating your next move, now is a great time to connect with a trusted real estate advisor. Central Kentucky continues to be a solid place to call home, and the data proves it.

ADDITIONAL RESOURCES

2024 Luxury Market Report & 2025 Forecast
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At Christie’s International Real Estate Bluegrass, we believe that luxury describes an experience. With Central Kentucky’s best REALTORS® and a powerful global platform that offers world-class marketing, industry-leading technology, and international reach, the firm is focused on providing the highest level of service and professionalism to clients at every price point. Celebrating all that the Bluegrass State has to offer, we are excited to speak to you about our full range of services and more. Luxury Lives Here.

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