A review of the Central Kentucky market statistics for June shows an increase in total sales and a dramatic rise in new construction sales.

Sales for Central Kentucky houses for 2010 as of June 30 were up 20% compared to 2009, while nationally that figure is only up 3% according to the National Association of REALTORS® (NAR).

Year-to-date as of 6/30/10 Percentage Change vs. Last Year for Total Sales

June 2010 sales were only up 1% compared to June 2009, while the NAR posted an 8.3% gain for the nation for the same time period.

Monthly Percentage Change vs. Last Year for Total Sales

Monthly Percentage Change (June 2010) vs. Last Year for Total Sales

While sales in June did not outpace national figures, cumulatively for 2010 the Bluegrass has outpaced national sales dramatically. Because of the stable local economy Central Kentucky has benefited from the housing tax credits more than the nation as a whole.

New construction sales in June 2010 vs. June 2009 were up 80%. Sales of new homes were down as much as 23% in January 2010 vs. January 2009, but have made significant jumps with each passing month this year. Show slide 4

Monthly Percentage Change vs. Last Year for New Construction Sales

Pending sales dropped 29% for June 2010 vs. June 2009. This figure may continue to linger in the negatives as the tax credit deadline continues to factor in; however, it is up 31% compared to May 2010.

Monthly Percentage Change vs. Last Year for Pending Sales

The active number of listings or inventory on the market for Central Kentucky in June was 6,842 which is up 6% compared to June 2009. Show.

Monthly Percentage Change vs. Last Year for Inventory

Subscribe to our RSS feed or watch the blog for my upcoming overview of July data in relation to the national market. And, don’t forget that you can check out highly detailed statistical reports on our Market Statistics page.