Northern Kentucky Back-on-Market Properties Analysis
July 2025 Failed Offers Report • Data Visualizations
Northern Kentucky Failed Offers Analysis
July 2025 witnessed 48 properties returning to market after failed offers across Northern Kentucky, affecting 22 communities with an average listing price of $361K. The analysis reveals predominantly single-family home failures (83%) concentrated in the $200K-$400K price range, with a remarkable pattern showing all deals failed within the first week of being under contract, suggesting immediate inspection, financing, or appraisal-related issues.
Data Source: MLS® data covering Campbell, Kenton, Boone with 48 properties that experienced failed offers and returned to market during July 2025. All figures represent real market conditions and transaction outcomes.
Analysis Context: The rapid failure timeline (0-7 days) indicates systematic issues with property conditions, financing approvals, or appraisal values rather than extended negotiation breakdowns. This pattern suggests buyers are encountering immediate deal-breakers during due diligence periods, pointing to potential market adjustment pressures in property valuations and buyer financing capabilities.
📉 Failed Offers Impact Analysis
July's failed offers demonstrate a concerning pattern with all 48 properties failing within 0-7 days of going under contract, indicating systematic due diligence issues. Single-family homes dominated at 83% (40 properties), while Florence led geographic concentration with 6 failures, followed by Burlington and four other communities with 4-5 failures each, suggesting widespread challenges rather than localized issues.
🏘️ Geographic & Market Insights
The rapid failure timeline combined with single-family home dominance (83%) and mid-market price concentration ($200K-$400K representing 58%) suggests systemic challenges in core homebuyer segments. The immediate failure pattern across 22 communities indicates market-wide issues with property appraisals, inspection discoveries, or financing hurdles rather than localized problems, pointing to potential market recalibration needs between seller expectations and buyer financing realities.