40229, JEFFERSON COUNTY,  KENTUCKY - Real Estate Market Update November 2023 - Presented by Totally About Houses

🏡📢 Calling all buyers and sellers in Louisville, KY 40229! 📢🏡 

📅 It's October 2023, and I'm here to give you the latest scoop on the real estate market trends. As a Realtor® with Totally About Houses, it's my duty to keep you informed and empowered. So let's dive right in! 💪📊

📈 Did you know that currently, there's only a 2.06 Months Supply of Inventory in our area? That means the market is hot, and homes are selling fast! ⚡️ But wait, there's more! Over the last 12 months, the Months Supply of Inventory has increased by a whopping +39.19%! 📈

💰💰 When it comes to selling your home, you'd want to know the List to Sold Price percentage, right? Well, guess what? It's a fantastic 100.7%! 💯 That means sellers are getting top dollar for their properties. 🤑

⏰ Time is of the essence! The median days on market is just 6 days. That's right, you read it correctly - 6 days! 🕒⚡️ So if you're looking to buy, be prepared to act quickly. And if you're selling, this statistic shows the incredible demand in our area. 🏃‍♀️🏃‍♂️

💵💰 Now, let's talk numbers. The median sold price in our area is currently $216,250. 💵💰 It's essential to know the market value of your property, whether you're buying or selling. So if you're curious about your home's worth, don't hesitate to reach out to me for a personalized analysis! 📞💼

📣 So there you have it, folks! A comprehensive update on the market trends in Louisville, KY 40229 for October 2023. If you have any questions, need assistance, or want to explore your real estate options, I'm here for you! Contact me, Monica Dunlap, your trusted Realtor® at Totally About Houses. Let's make your real estate dreams a reality! 🏡💫 

#RealEstateUpdate #MarketTrends #LouisvilleKY40229 #BuyersAndSellers #MonicaDunlapRealtor

Hey there,welcome back to Totally About Houses, bringing you the latest market update for October 2023. Whether you're a buyer or seller in Louisville Kentucky, this information is for you!

Let's dive right into the numbers, shall we? Currently, we've got a total of two point zero six Months Supply of Inventory. Now, what does that mean? Well, it basically tells us how long it would take for all the homes in the market to be sold, given the current sales pace. And compared to last year, we've seen a significant increase of thirty nine point nineteen percent in the Months Supply of Inventory. That's quite the jump!

But don't worry, this doesn't mean the market is slowing down. It just means we have more options for you to choose from as a buyer, and as a seller, it means you may need to be a little more strategic with your pricing and marketing.

Now, let's talk about the List to Sold Price percentage. It's currently sitting at a fantastic 100.7%! What does that mean for you? Well, simply put, homes are selling close to their list price. So if you're a seller, this is great news for you! And if you're a buyer, it means you might want to be prepared to make competitive offers.

Now, here's a jaw-dropping statistic for you. The median days on market is just 6! Yes, you heard that right. Homes are flying off the market faster than ever before. So if you're looking to sell, this is the time to act! And if you're a buyer, you'll need to be quick and decisive to snag your dream home.

And last but definitely not least, let's talk about the median sold price, it’s currently at $216,250! That's the median price at which homes are selling in our area. So if you're a seller, this is a clear indicator of the value you can expect for your property. And if you're a buyer, it gives you an idea of what to expect in terms of pricing.

Alright, folks, that wraps up our market update for October 2023. I hope you found this information helpful and informative. Remember, if you have any questions or need assistance navigating the real estate market, I'm here for you! Contact me,at Totally About Houses, your trusted realtor in Louisville Kentucky.

Thanks for tuning in, and until next time, happy house hunting and selling!