Northern Kentucky Real Estate Market - Monthly Sales Report
January-August 2025 Performance Report • NKAR Statistics
Northern Kentucky Real Estate Market Analysis
The Northern Kentucky market demonstrated robust performance with 3,702 successful closings and an average sale price of $350,118. Market activity remained strong with 21% of properties selling above their original asking price, reflecting continued buyer demand and competitive pricing conditions throughout the first eight months of 2025.
Data Source: MLS® data covering Boone, Campbell, Kenton counties with 5,263 total records from January 1 - August 31, 2025. All figures represent residential transactions and reflect real market conditions.
Market Context: Current inventory levels show 920 active listings with 641 properties under contract, indicating balanced market conditions. The 33-day average marketing time suggests efficient transaction flow, while price distribution shows strong activity across all segments from entry-level to luxury properties.
🏆 Market Performance Spotlight
Spring season delivered exceptional results with April achieving a 92% sell-through rate and May recording the highest over-asking activity at 136 properties. While summer months showed typical seasonal moderation, June maintained strong momentum with 521 closings, demonstrating market resilience and sustained buyer confidence throughout the period.
🏘️ Geographic Market Leaders
Covington dominated market activity with 476 closed sales leading all cities, followed by Florence's strong showing of 435 transactions. Union emerged as the top new construction destination with 197 newly built properties, while Independence and Alexandria rounded out the top performers. These five cities collectively represented over 60% of total market activity, highlighting the concentration of real estate dynamics in established Northern Kentucky communities.