The Covington market has established a new upward trend, even as sales fell 45.5% this week to 12 homes over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As the strong sales numbers suggest, months of inventory is on a four-week downward trend, this week hitting eight months. Covington is a strong buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
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