While the graphic above may look abysmal there is some rays of light in the Fort Thomas housing market. July housing stats show a huge turnaround locally with 25 sales in July and another 21 in August at an average sale price of nearly $230,000 and $215,000 respectively. This is an amazing rebound for only 28 sales in the entire second quarter. Median prices have also held up well in the $175,000 range which seems to indicate that our area has managed to avoid many of the REO fire sales that has depressed prices in other neighboring communities.
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