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

🏡 Attention Shelby County, Kentucky Buyers and Sellers! 🏡

📆 Stay up-to-date with the latest market trends from Monica Dunlap, your trusted REALTOR® at Totally About Houses. Here's what you need to know for October 2023: 📈 Inventory Update: Currently, there's only a 2.07 Months Supply of Inventory in Shelby County. That means homes are selling fast! In the last 12 months, we've seen a significant increase of +30.19% in Months Supply of Inventory. It's a competitive market out there!

💰 Pricing Insights: Sellers, rejoice! The List to Sold Price percentage is an impressive 95.6%. That means, on average, sellers are getting almost the full asking price for their homes. It's a great time to maximize your return on investment!

⏳ Fast-Paced Market: Homes in Shelby County are flying off the market! The median days on market is only 16 days. If you're a buyer, be prepared to act quickly when you find your dream home. And sellers, take advantage of the high demand!

💲 Median Sold Price: The median sold price for homes in Shelby County is currently $300,000. This is an essential benchmark to consider when setting your asking price or making an offer. Let's work together to ensure you're making informed decisions.

👉 Whether you're buying or selling, Monica Dunlap at Totally About Houses is here to guide you through the ever-changing Shelby County real estate market. Reach out today for personalized advice tailored to your specific needs!

#ShelbyCountyRealEstate #MarketTrends #MonicaDunlapRealtor #TotallyAboutHouses #SellingHomes #BuyingHomes

Hey there Shelby County! I’m your go-to realtor from Totally About Houses, bringing you another exciting market update. Today, we're diving into the latest trends and numbers that will leave you eager to jump into the real estate game. So whether you're a buyer or seller, this is the video you don't want to miss!

First things first, let's talk inventory. As of October 2023, we have a total of 2.07 months supply of inventory. Now, what does that mean for you? Well, it indicates a healthy balance between supply and demand, making it an opportune time for both buyers and sellers to make their moves.

But hold onto your hats because we've got some exciting news. Over the last 12 months, the Months Supply of Inventory has seen a remarkable increase of thirty point nineteen percent! This rise indicates a thriving market where opportunities are abundant. So, if you've been thinking about making a move, now might just be the perfect time!

Now, let's talk numbers that every seller wants to know. The List to Sold Price percentage in Shelby County stands strong at 95.6%. That's right, folks! When you list your home with Totally About Houses, you can expect to sell it at a price that's incredibly close to your asking price. It's a win-win situation!

And for those of you who are curious about how long it takes to sell a home around here, guess what? The median days on market in Shelby County is just 16! That means homes are flying off the shelves, and buyers are eager to snatch up those fantastic properties. So, sellers, get ready to attract those offers in no time!

Now, let's talk about the icing on the cake the Median Sold Price. In Shelby County, the Median Sold Price currently stands at a lucrative $300,000. That's right, folks! Your properties are worth every penny, and buyers are willing to invest in this beautiful community.

So, whether you're a buyer looking to find your dream home or a seller wanting to capitalize on this thriving market, Shelby County is the place to be. And as always, I'm here to guide you every step of the way. So don't hesitate to reach out to me, your dedicated realtor at Totally About Houses.