40203, JEFFERSON COUNTY, KENTUCKY - Real Estate Market Update November 2023 - Presented by Totally About Houses

Monica Dunlap, your trusted REALTOR® at Totally About Houses, is here to provide you with a market update for October 2023:

🔍 We currently have a low inventory market, with only 2.74 Months Supply of Inventory. Sellers, this means less competition and potentially quicker sales!

📈 Over the past year, Months Supply of Inventory has decreased by 9.27%, indicating a tightening market. Buyers, it's essential to act swiftly when you find your dream home.

💲 With a List to Sold Price percentage of 96.2%, sellers are achieving close to their asking prices. This speaks to the strength of the market and the value of well-priced properties in Louisville.

⌛️ Homes are selling fast, with a median days on market of just 5. Don't miss out on the opportunity to make a move!

💰 The median Sold Price stands at $185,000, reflecting the healthy real estate market in our city.

For personalized guidance, negotiation expertise, and exceptional service, contact me, Monica Dunlap. Let's make your real estate dreams come true! 🏘️🔑

#LouisvilleRealEstate #MarketUpdate

Hey everyone! I'm a licensed realtor with Totally About Houses, and I'm here to give you an exciting market update for October 2023 in our vibrant city of Louisville Kentucky.

Let's dive right into the numbers, shall we? Currently, we have a two point seventy four Months Supply of Inventory in the Louisville market. And what's even more impressive is that over the last 12 months, we've seen a significant decrease of nine point twenty seven percent in the Months Supply of Inventory. That's great news for both buyers and sellers!

Now, let's talk about the List to Sold Price percentage, which is a crucial indicator of market competitiveness. In Louisville, we're seeing a strong List to Sold Price percentage of 96.2%. This means that sellers have been able to secure an impressive 96.2% of their asking price on average.

And for those of you wondering how long it takes to sell a property in our bustling city, the median days on market is just 5 days. That's right, you heard me correctly, 5 days! So, if you're looking to sell your home quickly, now is definitely the time to make a move.

But what about the median sold price, you ask? Well, in Louisville, the median sold price currently stands at a fantastic $185,000. This represents a strong market where homeowners have been able to achieve excellent returns on their investments.

Whether you're a buyer or a seller, these market trends present exciting opportunities for you. As a dedicated realtor, I'm here to guide you through the process, ensuring you make informed decisions and achieve your real estate goals.

If you're looking to buy or sell your home in Louisville, contact me at Totally About Houses. I have the expertise and the passion to help you navigate this thriving market successfully.

Thank you for watching, and I look forward to connecting with you soon. Remember, when it comes to real estate, I'm totally about houses!