40210, JEFFERSON COUNTY,  KENTUCKY - Real Estate Market Update November 2023 - Presented by Totally About Houses

šŸ”šŸ“ˆ Hey there, Louisville! Monica Dunlap, your friendly neighborhood REALTORĀ®, here with some exciting market trends for you. Let's dive into the latest updates from October 2023! šŸ‚

šŸ” Did you know that our lovely city currently has a 2.91 Months Supply of Inventory? That means there's a good balance between available homes and eager buyers. šŸ āœØ And guess what? Over the past year, our Months Supply of Inventory has seen a positive growth of +16.4%! šŸ“ˆšŸŒŸ

šŸ’²šŸ’° When it comes to selling your home, the List to Sold Price percentage is a fantastic 93.7%! šŸ’ŖšŸ’µ That means sellers are getting an impressive return on their investment. With this kind of market strength, it's a great time to consider putting your property on the market. šŸŽ‰

āŒ›ļøā³ Looking to buy or sell? You'll be thrilled to know that the median days on market is just 20 days! šŸ—“ļøšŸ”„ Homes are moving quickly, so buyers, be ready to jump on those dream listings, and sellers, get ready to welcome potential buyers with open arms. šŸ¤šŸ”

šŸ’²šŸ’¼ Now, let's talk numbers. The median sold price in our vibrant city stands at $63,000. šŸ’°šŸ“Š This figure reflects the value and potential our housing market holds. Whether you're buying or selling, this information can help guide your decisions and maximize your investment. šŸ’¼āœØ

šŸ“£ As your trusted REALTORĀ® at Totally About Houses, I'm here to keep you in the loop with all things real estate. Whether you're a buyer or seller, let's work together to navigate this thriving market and find your perfect match. šŸ¤šŸŒŸ Reach out to me today to explore your options! šŸ“žšŸ”

#LouisvilleRealEstate #MarketTrends #BuyersAndSellers #TotallyAboutHouses #MonicaDunlapRealtor #YourRealEstatePartner

Welcome back to Totally About Houses. Today, I've got a market update that you won't want to miss. Whether you're a buyer or a seller, this information is going to be gold.

Alright, let's dive right in. It's October 2023, and we're here in beautiful Louisville Kentucky. Now, let me tell you, the real estate market here is buzzing with excitement. So, whether you're looking to buy your dream home or sell your property for a great price, this update is just for you.


Now, let's talk numbers. Currently, we have a two point ninety one Months Supply of Inventory. What does that mean? Well, it's a measure of how long it would take for all the homes on the market to be sold, given the current sales pace. And let me tell you, that's a pretty healthy supply. It means there are options out there for buyers, and sellers can still find eager buyers.

Now, here's something interesting. Over the last 12 months, the Months Supply of Inventory has increased by 16.4%. But don't fret, this increase actually indicates a more balanced market, where buyers have a bit more leverage, and sellers can still make a good profit. It's all about finding that sweet spot.

Alright, let's talk about pricing. The List to Sold Price percentage is currently at 93.7%. That's a pretty solid number, indicating that sellers are getting a good return on their investment. Buyers, this means you may need to bring your A-game when it comes to negotiating. But hey, that's what makes it exciting, right?

Now, here's a stat that will blow your mind. The median days on market is just 20! That's right! Homes in Louisville are going faster than hotcakes at a Sunday brunch. So, if you're a seller, make sure your listing is top-notch and ready to impress. And if you're a buyer, be prepared to act fast and snag your dream home before someone else does.

Last but not least, let's talk numbers that matter to everyone: the median sold price. In this market, it's sitting at $63,000. Now, I know what you're thinking, "That's an affordable price range!" And you're absolutely right. Louisville offers incredible value for both first-time buyers and seasoned investors. So, don't miss out on this opportunity to own a piece of this amazing city.

That's it for today's market update. I hope you found this information helpful and exciting. Remember, if you're looking to buy or sell in Louisville Kentucky, I'm here to guide you every step of the way. Reach out to me at Totally About Houses, and let's make your real estate dreams come true.

Thanks for watching, and I'll catch you in the next update. Stay awesome, Louisville!