October held steady for the Greater Owensboro Realtor Association, continuing an overall successful year for the local housing market.
One hundred forty-nine homes were sold in October with 162 sales pending. Days on the market remains low at 70 days.
“October home sales in the Greater Owensboro area outperformed October 2019 sales in both number of transactions and the average sales price,” said Jason Bellamy, president-elect of GO Realtors. “The real estate market here continues to thrive, with pending and active inventory numbers pointing toward a strong finish through the end of the year.”
The average sold price for October was $200,904, an increase of 23% from 2019. Sales volume for the month was $29.9 million, up 31% from $24.1 million in 2019.
Karen Gross, GO Realtors President, added that with continued concerns about COVID-19, their employees are taking the necessary precautions to keep clients safe and healthy.
“In addition to the state guidelines, the National Association of Realtors emphasizes the safety guidelines,” she said. “We understand our role as a necessary business and take the responsibility seriously.”
