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

🏡📊 Attention Buyers and Sellers in Lyndon, Kentucky! 📊🏡

🗓️ November 2023 Update: Here are some key market trends to keep you informed about the real estate landscape in our city:

1️⃣ Months Supply of Inventory: Currently, Lyndon has a 3.2 Months Supply of Inventory, indicating a balanced market. Over the last 12 months, we have seen a significant increase of +471.43% in inventory, providing more options for buyers!

2️⃣ List to Sold Price Percentage: Sellers, rejoice! The List to Sold Price percentage stands at an impressive 97.7%, showcasing the strength of our local market. This means that sellers are achieving close to their asking price, maximizing their return on investment.

3️⃣ Median Days on Market: Homes are flying off the shelves! The median days on market is just 8 days, highlighting the high demand for properties in Lyndon. Buyers need to act swiftly to secure their dream home in this fast-paced market.

4️⃣ Median Sold Price: The median sold price in Lyndon is currently $275,000. This figure represents the middle point of all home sales in our city, giving you a benchmark for property values.

At Totally About Houses, I pride myself on staying up-to-date with the latest market trends. Whether you're looking to buy or sell, I have the expertise and knowledge to help you navigate the real estate market successfully.

If you have any questions or would like personalized advice tailored to your specific needs, don't hesitate to reach out. I'm here to guide you every step of the way. Let's make your real estate goals a reality! 🤝

#LyndonRealEstate #MarketTrends #TotallyAboutHouses #MonicaDunlapRealtor