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Madison County Market Update - September

Amanda Marcum

From waiting tables to becoming an award-winning real estate broker, Amanda Marcum has built her successful career from the ground up...

From waiting tables to becoming an award-winning real estate broker, Amanda Marcum has built her successful career from the ground up...

Oct 16 3 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 September 2020 compares to September 2019. As well as how the whole year of 2020 compared to 2019. Other topics include, current interest rates as well as buying and selling hot topics! 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 September 2020 2020 September New Listings: 156 vs. 2019 September New Listings: 168 (-7%) 2020 September Sales: 142 vs. 2019 September Sales: 124 (+15%) Average Sales Price: $240,351 (+20%) Median Sales Price: $217,000 (+23%) 2020 September Average Days on the Market: 25 vs 2019 September Ave DOM: 44 (-43%) Cumulative 2020 New Listings 2020: 1391 vs 2019: 1390 (0%) Sales 2020: 1189 vs 2019: 1025 (+16%) Average Sales Price: $216,164 (+9%) Median Sales Price: $194,900 (+10%) 2020 September Average Days on the Market: 46 vs 2019 September Ave DOM: 49 (-6%) Total Number of Pendings by Month (September): 2020: 143 2019: 115 2018: 103 *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.

 

156

New Listings

887

Active Listings

143

Under Contract

142

Closed Sales


Homes Sold

99%

Sale-to-List Price


$240,351

Average Sales Price

1.0

Months of Supply

25

Average Days on Market

$111

Average Price per Square Foot

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