Top Mega Teams in Kentucky – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    1Jay T. Pitts and AssociatesRE/MAX Premier PropertiesLouisville, KY 672.0View Profile
    2VZN Real Estate PlatformKeller Williams Elite RealtyOwensboro, KY 479.3View Profile
    3The Win CrewKeller Williams First Choice RealtyBowling Green, KY 323.3View Profile

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    2022 Market Summary

    Kentucky started 2022 with a total of 4,994 single-family homes on the market, with a median home price of $229,900 and an average price per square foot of $144. By the end of the year, inventory had increased to 6,272 homes on the market (+25%), with a median home price of $279,900 (+21%) and an average price per square foot of $159 (+10%).

    At the start of 2022, the median days on market (DOM) was 56 days – by the end of the year, median DOM had increased to 70 days.

    Kentucky started the year with 24% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 36% of Kentucky homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Kentucky started 2022 as a strong seller’s market, with an MAI score of 51; by the end of the year, the MAI had dropped to 35 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

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