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Health & Fitness

Lexington Real Estate Blooms this Spring

The Lexington real estate market is on the rise!

As the real estate market begins to pick back up across the country, many cities and towns are seeing activity steadily rise, including Lexington. 

As of March 9, MLS data indicates that there are 78 single-family homes on the market, and an additional 47 houses pending sales. Homes that are currently on the market in Lexington range in price from $335,000 to nearly $2.3 million. 

Within the last three months, 61 houses and 15 condominiums sold in Lexington. And, in the past year, single-family homes have averaged only 88 days on the market! The average sale price of a single family home in Lexington over the past 12 months is $867,722. 

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These statistics for home sales indicate (and something you don't see in many markets,) that homes in higher price ranges are still in demand and selling. Additionally, the turnout for open houses is increasing and there are multiple offer situations happening on homes for sale. This kind of positive activity hasn't been seen in a while. 

Lexington is not only a desirable community in which to call home, but a sound investment! 

Find out what's happening in Lexingtonwith free, real-time updates from Patch.

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