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Madison County January 2021 Monthly Real Estate Update

Amanda Marcum

Amanda graduated in August 2007 from the University of Florida with a bachelors degree in Geological Sciences and a minor in Health Sciences...

Amanda graduated in August 2007 from the University of Florida with a bachelors degree in Geological Sciences and a minor in Health Sciences...

Feb 18 2 minutes read

In this video Amanda Marcum, Broker/Owner of the #MARCUMsold Team at Berkshire Hathaway HomeServices Foster Realtors, discusses the current trends and numbers for the local housing market. She details how January 2021 compares to January 2020.  If you'd like to connect with Amanda directly, please call or text 859-353-2853 or [email protected] Monthly Market Update Madison County Kentucky January 2021 January New Listings: 109 vs. 2020 January New Listings: 154 (-29%) 2021 January Sales: 96 vs. 2020 January Sales: 91 (+5%) Average Sales Price: $228,482 (+14%) Median Sales Price: $212,700 (+16%) 2021 January Average Days on the Market: 19 vs 2020 January Ave DOM: 66 (-71%) Total Number of Pendings by Month (January): 2021: 92 2020: 124 2019: 127 *Important above was provided by the Lexington Bluegrass Association of Realtors MLS.

If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Madison County market.

Knowing the most important data such as the average sales price, number of homes sold, and days on market will better prepare you to sell your home.

Our market report showcases everything you need to know about local real estate trends.

 

109

New Listings

117

Active Listings

127

Under Contract

96

Closed Sales


Homes Sold

98%

Sale-to-List Price


$228,482

Average Sales Price

1.2

Months of Supply

19

Average Days on Market

$116

Average Price per Square Foot

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