Good news for home owners in Boone County as sales and values in general are on the rise. This means your home is gaining value through appreciation and that is a good thing. The board of realtors released the following statistics for Burlington, Florence, Union and Walton:
Burlington: 467 sales in 2016, up from 399 in 2015h.
The median sales price was $172,500, up just over 5% from 2015.
Florence: 780 sales, which is very consistent with its previous year sales of 773.
The median sales price was $143,700, which is up just over 5% from 2015
Union: 539 sales, which is up from 481 in the previous year. The value held steady with the previous year with little change in value at $270,000; however, Union still continues to maintain its top spot overall for priciest homes in Boone County.
Walton: 218 sales in Walton, which is up from 203 in 2015. The value jumped slightly to $184,500, which is a 1.59% increase from 2015.
What does this mean? Boone County Kentucky continues to be a place that people want to move to, with sales going up, and values continuing to rise thus showing the desirability, stability and all the more reason to invest and live in Boone County.