February 2021: Oldham County KY Real Estate Market Summary
February 2021: OLDHAM COUNTY MARKET SUMMARY
We're back for another monthly Oldham County real estate market summary. We have seen some changes since January 2021. Absorption rates continue to dip (number of available homes during a given period of time divided by the number of homes sold) and so do the number of homes on the market. We saw an increase in average list price in Southern Oldham County from January 2021 to February 2021 as well. Overall, we are still seeing record low inventory and are in a seller's market.
Let’s take a look at the February 2021 findings:
SOUTHERN OLDHAM COUNTY
February 2021 | February 2020 | |
Absorption Rate | 0.73 | 2.17 |
Average List Price | $621,570 | $410,237 |
Median List Price | $579,500 | $379,450 |
Average Sale Price | $332,720 | $341,738 |
Median Sale Price | $268,490 | $295,500 |
New Listings | 16 | 43 |
Sold Listings | 29 | 35 |
NORTHERN OLDHAM COUNTY
February 2021 | February 2020 | |
Absorption Rate | 1.02 | 2.9 |
Average List Price | $858,304 | $674,969 |
Median List Price | $449,000 | $446,948 |
Average Sale Price | $356,960 | $337,060 |
Median Sale Price | $289,750 | $270,000 |
New Listings | 37 | 53 |
Sold Listings | 28 | 30 |
If you have any questions about the Oldham County real estate market, feel free to contact the Hollinden Team. Thinking about selling your home? Find out how much it's worth with our free and instant market report.
Source: Greater Louisville FlexMLS
Post a Comment