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DOUGLASS HILLS KY - December 2023 - Market Update

DOUGLASS HILLS KENTUCKY - Real Estate Market Update December 2023 - Presented by Totally About Houses

πŸ‘πŸ“ˆ Exciting News from Monica Dunlap, REALTOR® at Totally About Houses! πŸŽ‰πŸ 

Attention all Buyers and Sellers in Douglass Hills, Kentucky! πŸŒ‡βœ¨ I have some fantastic market trends data to share with you that will keep you informed and ahead of the game. Let's dive right in! πŸ’ͺπŸ’Ό

πŸ“† It's November 2023, and here's what's happening in our local real estate market:

πŸ”Ή Months Supply of Inventory: Currently, we have 0.75 months supply of inventory.⏳🏘️ The good news is that over the last 12 months, the Months Supply of Inventory has increased by +10.29%! This means more options for buyers and a healthy market for sellers. πŸ“ŠπŸ’Ό

πŸ”Ή List to Sold Price Percentage: You'll be thrilled to know that the List to Sold Price percentage is a phenomenal 100%! πŸ’―πŸ’° This indicates that sellers in Douglass Hills, Kentucky, are receiving their asking prices, maximizing their investment potential. πŸ’ΈπŸ’Ό

πŸ”Ή Median Days on Market: Homes are flying off the market in just 17 days! ⏰🏠 This quick turnaround time showcases the high demand for properties in our area. If you're a seller, you'll want to act fast to take advantage of this hot market! ⚑πŸ”₯

πŸ”Ή Median Sold Price: The median sold price for homes in Douglass Hills is $411,000. πŸ’΅πŸ’Ό This figure demonstrates the value of our community and the opportunities available for both buyers and sellers. πŸ€πŸ’Ό

Whether you're looking to buy or sell, now is the perfect time to make your move in Douglass Hills, Kentucky. As your trusted REALTOR®, I'm here to guide you every step of the way and help you achieve your real estate goals. πŸ‘πŸ’Ό

Reach out to me today, and let's discuss how we can turn these market trends into your advantage! πŸ“žπŸ—“οΈ Together, we'll make your real estate dreams a reality. Don't miss out! πŸ’«πŸ’Ό

Welcome back to Totally About Houses, where we bring you the latest updates on the real estate market in Douglass Hills. I'm your friendly neighborhood realtor, and today I've got some exciting news to share with all you buyers and sellers out there. So, let's dive right in, shall we?

As we approach the end of 2023, the real estate market in Douglass Hills is as vibrant as ever. With plenty of opportunities for both buyers and sellers, it's an exciting time to be in the market. Whether you're looking to buy your dream home or capitalize on the current market conditions, I've got all the details you need to make informed decisions.

Let's start by talking about inventory. Currently, we have a mere zero point seventy five months supply of inventory in Douglass Hills. That means the demand is high, and homes are selling fast! But what's really interesting is that over the past 12 months, we've seen a significant increase of ten point three percent in the Months Supply of Inventory. So, if you're a seller, this could be the perfect time to list your property, as the market is showing strong signs of growth.

Now, let's move on to something that's always on everyone's mind: the List to Sold Price percentage. And guess what? It's a remarkable 100%! That's right. Sellers in Douglass Hills are receiving the full value for their properties. So, if you're thinking about selling, rest assured that buyers are willing to pay the asking price, making this an opportune moment to cash in on your investment.

Time is of the essence in the real estate world, and when it comes to Douglass Hills, the median days on market stands at just 17 days. That's right, you heard me correctly. Properties are flying off the shelves in less than three weeks on average. If you're a buyer, this means you'll need to act fast and be prepared to make competitive offers. But don't worry, I'm here to guide you through the process and make sure you secure your dream home.

Lastly, let's talk about the numbers that matter the most: the median sold price. Currently, the median sold price in Douglass Hills is a handsome $411,000. This figure reflects the market's strength and the value it places on properties in our beautiful city. Whether you're a buyer or seller, this median sold price gives you an idea of the market trends and what you can expect when it comes to pricing and negotiations.

Well, that wraps up our market update for Douglass Hills Kentucky, in November 2023. As always, if you have any questions or need further information, don't hesitate to reach out to me or my dedicated team at Totally About Houses. We're here to help you navigate the ever-changing real estate landscape and ensure your success.

Thank you so much for tuning in today. Remember to hit that subscribe button and click the notification bell to stay up to date with all our future market updates and helpful tips. Until next time, happy house hunting, and take care!

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