From the Lexington-Bluegrass Association of Realtors (LBAR) here is the latest statistical news on last year's real estate market:
Residential sales in LBAR’s market area where down 3% compared to 2005 which makes it the third best year in real estate sales. Of the 10,693 sales reported for the year 2006, 5,376 of those took place in Fayette County. As of the end of the year, there were 6,026 residential and townhouse/condo properties on the market for sale: 5,257 single family and 772 townhouse/condos.
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