Covington home sale inventory in a SELLER’s Market. Currently there are less than 2 months of available homes for sale. This should push prices up if there are sellers out there with equity who decided to get into the market. Since the first of January there have been 52 homes sell in the city limits of Covington. If a home has a Covington address it is included in these numbers.
Currently (as of March 19th) there are 38 homes available for sale in Covington. There are 68 homes that are sales pending and 18 homes that are pending inspections. There are also 24 homes that are pending short sale approval.
The median days on market is 42 with the average days on market 69. If your house is priced right you should have an offer and be able to close in about 2-3 months. That is a pretty good stat!
The original median list price for all of these homes was $244,750. After some price reductions the median list price for these homes was $241,998. That brings us to the median selling price of $240,973. That is 99% of listed price! Pretty Hot for a Seller!