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HURSTBOURNE KY - January 2024 - Market Update

HURSTBOURNE, KENTUCKY - Real Estate Market Update January 2024 - Presented by Totally About Houses

πŸ‘πŸ“Š #MarketTrends Update πŸ“ŠπŸ‘

🌟 Hey there, buyers and sellers in Hurstbourne, Kentucky! Monica Dunlap, your trusted REALTOR® from Totally About Houses, is here to provide you with some exciting updates on the local real estate market. Let's dive in! πŸ’ͺ🏼🏠

πŸ“ˆ Inventory Alert! πŸ“‰

πŸ” Currently, we have a low 1.1 Months Supply of Inventory in Hurstbourne. But here's the impressive part: over the last 12 months, our Months Supply of Inventory has decreased by an impressive -17.29%! πŸ“‰ This means the market is moving quickly, making it an excellent time for sellers to capitalize on the high demand. πŸš€

πŸ’°πŸ’― List to Sold Price πŸ’―πŸ’°

πŸ“Š Wondering about the return on investment you can expect? Well, the List to Sold Price percentage in Hurstbourne is a fantastic 95.2%! πŸ’΅πŸ’ͺ🏼 This indicates that sellers are receiving a substantial portion of their initial listing price. So if you're thinking about selling, you're in for a treat!

β°βŒ› Speedy Sales βŒ›β°

⚑️ Median days on market? Only 4! ⚑️ That's right, homes in Hurstbourne are flying off the market faster than ever.⏩⏩ If you're a buyer, you'll want to act swiftly when your dream home hits the market. And if you're a seller, this means you won't have to wait long to find the right buyer for your property!

πŸ’°πŸ’Ό Median Sold Price πŸ’ΌπŸ’°

πŸ“ˆ Drumroll, please! The median sold price in Hurstbourne currently stands at an impressive $554,773. πŸŽ‰πŸ€‘ This demonstrates a strong market value and potential for a solid return on investment. Whether you're buying or selling, these numbers show the opportunity that awaits you in our vibrant community!

🌟 Hurstbourne's real estate market is thriving, and it's the perfect time to take advantage of the opportunities it offers. As your dedicated REALTOR®, I'm here to guide you through this exciting journey. Let's chat today and make your real estate goals a reality! πŸ‘πŸ’ΌπŸ’ͺ🏼

#HurstbourneRealEstate #MarketUpdate #TotallyAboutHouses #MonicaDunlap #BuyersAndSellers #RealEstateExpert