40223, JEFFERSON COUNTY,  KENTUCKY - Real Estate Market Update November 2023 - Presented by Totally About Houses

1. Exciting news for buyers and sellers in Louisville, KY 40223! According to the latest data from RPR's Market Trends, there is currently a 2.2 months supply of inventory. This means that there is a strong demand for homes in our area, making it a great time to buy or sell. Contact me, Monica Dunlap, REALTOR® at Totally About Houses, for expert guidance in navigating this competitive market. #LouisvilleHomes #RealEstateMarketTrends

2. Attention buyers and sellers in Louisville, KY 40223! The market is heating up with a +94.69% increase in Months Supply of Inventory over the last 12 months, as reported by RPR's Market Trends. This surge in demand indicates a thriving real estate market, creating opportunities for both buyers and sellers. If you're considering a move, let's talk about how I can help you achieve your goals. Monica Dunlap, your trusted REALTOR® at Totally About Houses. #RealEstateTrends #LouisvilleHousingMarket

3. In today's competitive real estate market, it's crucial to stay informed. RPR's Market Trends data reveals that the List to Sold Price percentage in Louisville, KY 40223 is an impressive 97.5%. This means that sellers are getting close to their asking price, making it a favorable time to sell your home. If you're thinking of listing, let's discuss how I can help you maximize your returns. Monica Dunlap, REALTOR® at Totally About Houses. #SellingYourHome #MarketInsights

4. Time is of the essence in the Louisville, KY 40223 real estate market. The median days on market is just 26 days, according to RPR's Market Trends data. This indicates that homes are selling quickly, which is great news for sellers looking for a fast transaction. Buyers, don't miss out on your dream home – reach out to me, Monica Dunlap, your dedicated REALTOR® at Totally About Houses, to stay ahead of the game. #FastSellingHomes #LouisvilleRealEstate

5. Wondering about the value of your home in Louisville, KY 40223? The median sold price is currently at $390,000, according to RPR's Market Trends data. This figure reflects the average price at which homes are selling in our area. If you're considering selling, let's connect to discuss how we can price your home competitively and attract the right buyers. Monica Dunlap, your trusted REALTOR® at Totally About Houses, is here to help. #HomeValue #PricingStrategy

Remember, timely and accurate information is crucial when making real estate decisions. Trust Monica Dunlap, your experienced REALTOR® at Totally About Houses, to provide you with the latest market trends and expert guidance. Reach out today to schedule a consultation. #MarketUpdates #RealEstateExpert

Welcome back to Totally About Houses! I'm your trusted realtor here in Louisville Kentucky. Today, I'm excited to bring you a market update for October 2023.

Let's dive right in. Currently, we have 2.2 months supply of inventory in the market. What does that mean for buyers and sellers? Well, it indicates a slightly more balanced market compared to previous months. Sellers can still benefit from the demand, but buyers have more options to choose from.

Looking at the trend over the last 12 months, we've seen a significant increase of ninety four point sixty nine percent in the Months Supply of Inventory. This indicates a shift towards a more buyer-friendly market. Buyers, take note of this opportunity to negotiate and find the home of your dreams.

Now, let's talk about the List to Sold Price percentage, which stands at a solid 97.5%. This figure represents the average percentage of the listing price that homes are actually selling for. It's a testament to the strength and stability of our local market. Sellers, you can be confident in achieving a favorable sale price for your property.

Another important factor to consider is the median days on market, which currently sits at 26 days. This means that, on average, homes are selling relatively quickly. So sellers, if you're looking for a timely transaction, now might be the perfect time to list your property.

Lastly, let's talk about the median sold price, which currently stands at $390,000. This figure represents the midpoint of all home sales in our area. It's always important to keep in mind that pricing can vary depending on factors such as location, size, and condition of the property.

As always, these numbers are just a snapshot of our ever-changing market. If you're considering buying or selling a home in Louisville, I encourage you to reach out to me at Totally About Houses. My team and I are here to guide you through the process and help you achieve your real estate goals.

Thank you for joining me today. Remember to like, share, and subscribe to our channel for more market updates and helpful tips. Until next time, stay informed and make the most out of your real estate journey.