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Oldham Co KY - November 2023 - Market Update

OLDHAM COUNTY, KENTUCKY - Real Estate Market Update November 2023 - Presented by Totally About Houses

1. "Hey there, potential buyers and sellers in Oldham County, Kentucky! Monica Dunlap, REALTOR® here from Totally About Houses with an exciting market update for October 2023. 📅 Did you know that we currently have a low 2.35 Months Supply of Inventory? That means it's a competitive market out there, folks! 💪 But don't worry, I've got your back. Let's find the perfect home for you! 🏡 #RealEstateMarketTrends #BuyersAndSellers #OldhamCountyKY"

2. "Calling all buyers and sellers in Oldham County, Kentucky! It's Monica Dunlap, REALTOR® from Totally About Houses, and I've got some impressive stats to share with you. 📈 Over the last 12 months, our Months Supply of Inventory has skyrocketed by +109.82%! 🚀 That means more options for buyers and a thriving market for sellers. Ready to make a move? Let's chat! 🗣️ #MarketTrends2023 #OldhamCountyKY #RealEstate"

3. "Good news for sellers in Oldham County, Kentucky! 🎉 Monica Dunlap, REALTOR® from Totally About Houses here, and I've got some fantastic data to share with you. The List to Sold Price percentage is a whopping 98.9% - that means you'll likely get top dollar for your property! 💰🏡 Don't wait, let's get your home listed and sold before the competition catches up. Contact me today! 📞 #TopDollarForYourHome #SellersMarket #OldhamCountyKY"

4. "Attention all buyers and sellers! Monica Dunlap, REALTOR® from Totally About Houses has the latest market insights for you. Did you know that the median days on the market in Oldham County, Kentucky is just 14? ⏰ That's right, homes are selling fast! Whether you're buying or selling, it's essential to have a skilled professional on your side. Let's work together to find the perfect home or sell yours quickly! 🤝 #FastPacedMarket #RealEstateExperts #OldhamCountyKY"

5. "Calling all buyers and sellers in Oldham County, Kentucky! 📣 Monica Dunlap, REALTOR® from Totally About Houses here, and I've got an important update for you. The median sold price in our area is $475,000. #MarketValueInsights #RealEstateUpdates #OldhamCountyKY"

Hi everyone! Welcome back to Totally About Houses, your go-to channel for all things real estate in Oldham County Kentucky. I'm your trusted realtor, and today I have an exciting market update for all you buyers and sellers out there. So, let's dive right in!

As of October 2023, we have some interesting figures to share with you. But before we get into the numbers, I want to remind you that these statistics are based on the latest data available, and they give us a snapshot of the current real estate market in Oldham County.

Let's start by talking about the supply of inventory. Currently, we have two point thirty five months supply of inventory in the market. This means that if no new listings were added, it would take approximately two point thirty five months to sell all the homes currently on the market. This figure gives us an idea of how quickly homes are being sold and the level of competition among buyers.

Now, here's an interesting trend. Over the last 12 months, the Months Supply of Inventory has increased by a whopping one hundred nine point eighty two percent. This indicates that there are more homes available for sale compared to the previous year. Buyers! this might be good news for you, as it suggests a potentially wider selection of properties to choose from.

Moving on to the List to Sold Price percentage. Currently, we are seeing a strong market with a List to Sold Price percentage of 98.9%. This means that, on average, homes are selling very close to their listing price. Sellers! this is great news for you, as it indicates a market where buyers are willing to pay close to the asking price.

Now let's talk about the median days on market. The median days on market is currently at 14 days. This figure represents the midpoint at which half of the homes listed are sold. So, on average, homes are selling relatively quickly in Oldham County, allowing sellers to move on with their plans in a timely manner.

And finally, let's discuss the median sold price. The median sold price in Oldham County is currently at $475,000. This figure represents the midpoint at which half of the homes sold fall above and half fall below. It gives us an idea of the price range that buyers and sellers can expect in the current market.

Well, there you have it, folks! That wraps up our market update for October 2023. I hope you found this information helpful and insightful. Remember, real estate markets can fluctuate, so it's always a good idea to stay informed.

If you have any questions or if you're thinking about buying or selling a home in Oldham County, Kentucky, feel free to reach out to me at Totally About Houses. I'm here to help you navigate the real estate market with confidence.