LBAR announces $1.7 billion in 2013 residential sales

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Residential real estate sales by members of the Lexington-Bluegrass Association of Realtors (LBAR) reported sales totaling over $1.7 billion as of Dec. 31, 2013, according to a release from the organization.

According to 2014 LBAR President Linda Wiley, “The market outlook for 2014 is positive as the signs of a turnaround continue. REALTORS are encouraged by the growth in sales during 2013 and the extremely low interest rate environment.”

Residential sales reported during December 2013 versus December 2012 increased 2 percent, from 605 to 612 sales closed.

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