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40023 KY - November 2023 - Market Update

40023, JEFFERSON COUNTY, KENTUCKY - Real Estate Market Update November 2023 - Presented by Totally About Houses

Attention Buyers and Sellers! 📣

📈 According to the latest data from RPR's Market Trends, Fisherville is experiencing a thriving real estate market. Here are some key statistics you need to know:

🏢 Currently, there are only 2.84 Months Supply of Inventory. This means that demand for homes in Fisherville is high, making it an opportune time for sellers to list their properties. 📈

📊 Over the last 12 months, the Months Supply of Inventory has increased by an impressive 125.4%. This indicates a growing market and suggests that now might be a great time for buyers to explore their options and secure their dream home. 🏡

🏷️ Sellers, take note! The List to Sold Price percentage stands at an impressive 99%. This means that properties in Fisherville are selling close to their listing price, offering sellers the potential for favorable returns. 💰

⌛ Median days on market is currently 25, indicating a swift sales process. Buyers should act quickly to secure their desired property. 🕰️

💵 The Median Sold Price is $500,000 in Fisherville. This showcases the strong value and investment potential available in this thriving market.

💼 Whether you're buying or selling, now is an exciting time to be a part of Fisherville's real estate scene! 🌟

For personalized assistance and expert guidance, reach out to Monica Dunlap, your trusted REALTOR® at Totally About Houses. 📞👩‍💼

#FishervilleRealEstate #MarketUpdate #Buyers #Sellers #RealEstateTrends #TotallyAboutHouses #MonicaDunlap

Welcome back to Totally About Houses! I'm your trusted realtor, here to bring you the latest market update for Fisherville Kentucky. It's October 2023, and I'm excited to share some valuable insights with all you buyers and sellers out there.

Let's dive right in! Currently, we have a total of two point eighty four months supply of inventory in Fisherville. Now, what does that mean? It means we're still in a competitive market, but there are opportunities for both buyers and sellers.

Looking back over the last 12 months, we've seen a significant increase in the Months Supply of Inventory, with a whopping 125.4% rise. While this may sound alarming, it's important to remember that the market is constantly evolving, and this increase indicates a shift towards a more balanced market. So, don't worry, there are still plenty of opportunities for everyone.

Now, let's talk about the List to Sold Price percentage. Currently, Fisherville boasts an impressive 99% List to Sold Price percentage. What does that mean for sellers? It means that on average, homes are selling very close to their listing price. So, if you're a seller, it's a great time to put your home on the market and maximize your return on investment.

Another important factor to consider is the median days on market, which currently stands at just 25 days. This indicates that homes in Fisherville are selling relatively quickly. Buyers, this means that you need to be prepared and act swiftly when you find your dream home. Working with a knowledgeable realtor like myself can help you stay ahead of the competition.

And finally, let's talk numbers! The median sold price in Fisherville is currently $500,000. This demonstrates the strong demand and value of homes in this area. Sellers, take advantage of this favorable market and ensure you're pricing your home competitively. And buyers, while prices may be higher, remember that you're investing in a thriving community with excellent amenities.

So there you have it, your October 2023 market update for Fisherville Kentucky. Whether you're buying or selling, it's essential to stay informed and work with a dedicated professional who knows the ins and outs of the market. As always, I'm here to answer any questions you may have and guide you through your real estate journey.

Thank you for watching, and remember, when it comes to real estate, Totally About Houses has got you covered!