Many people seeking property management own properties in different states, so they may hire a local property management company to tend to the care and upkeep of the property, for a small percentage of the rental contract. A rental property management service will save you valuable time and energy. You will not have to deal with rent collection or the cumbersome maintenance of property. You’ll simply avoid the painful chores of being a manager: Dealing with tenants, credit checks, collection of rent, legal issues, and being ‘on call’ anytime something goes wrong.
When you buy or sell a home through a Sibcy Cline agent, you benefit from Sibcy Cline Home Services. A free and exclusive program is available before, during and after your move. Their team of coordinators connect buyers and sellers with dependable, quality service property management, saving time and money for home-related services and products.
Northern Kentucky has Six Percent Increase in Home Sales for June 2016
Northern Kentucky is still enjoying strong home sales! In June, this region had a 6.54% increase in the number of homes sold as compared to June 2015. The average home sale price rose by 3.31% to $183,282. The average days on market is 49 days. Here are the statistics:
June 2016 vs June 2015
- 6.54% Increase in homes sold (700 homes vs 657 homes)
- 3.31% Increase in average sale price ($183,282 vs $277,404)
- 13.01% Increase in median sale price ($165,000 vs $146,000)
- Average days on market: 49 (vs 67 days in 2015)
January – June 2016 vs January – June 2015
- 11.36% Increase in homes sold (3,255 homes vs 2,923 homes)
- 5.52% Increase in average sale price ($170,180 vs $161,281)
- 7.07% Increase in median sale price (149,900 vs $140,000)
- Average days on market: 65 (vs 77 days in 2015)
Statistics courtesy of: Northern Kentucky Association of Realtors June 2016 Home Sales Report & Sibcy Cline Author susanaknabe