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The Hollinden Team Louisville KY Real Estate Blog

December 2020: Oldham County Market Summary

December 2020: OLDHAM COUNTY MARKET SUMMARY

December 2020: Oldham County Market Summary

Happy New Year! The December 2020 Oldham County market summary is in!

Compared to our November report, housing inventory remained low. The average cumulative days on market continued to drop from November 2020. Overall, there has been a 20.5% decrease in the number of active listings in Northern Oldham County in 2020 compared to 2019. Southern Oldham County saw an 8% decrease in total active listings from 2019 to 2020.

The absorption rate (number of available homes during a given period of time divided by the number of homes sold) continued to dip compared to November 2020. This shows us we are still in a seller's market. As we move into the spring, we should see an increase in listings as the spring and summer is when most homeowners sell their home.

Let’s take a look at our findings for December 2020: 

SOUTHERN OLDHAM COUNTY

December 2020 December 2019
Absorption Rate 1.02 2.57
Average List Price $459,461 $436,808
Median List Price $367,000 $379,950
Average Sale Price $399,948 $334,284
Median Sale Price $337,500 $309,000
Average CDOM 27 63
Medium CDOM 10 26

NORTHERN OLDHAM COUNTY

December 2020 December 2019
Absorption Rate  1.31 3.11
Average List Price $1,034,744 $714,602
Median List Price $594,475 $496,500
Average Sale Price $382,522 $349,899
Median Sale Price $387,000 $292,000
Average CDOM 46 111
Median CDOM 8 49

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 

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9509 National Turnpike, Fairdale, KY 40118

9509 national turnpike, fairdale, ky 40118

9509 National Turnpike, Fairdale, KY 40118

Welcome to 8509 National Turnpike! This charming 976 sq ft, 2 bedroom and 1 bathroom home in Fairdale is priced to sell. When you arrive at the home, you'll notice the cozy screened in porch. This would be the perfect place to have your morning coffee or relax with a book. The lot is flat which is perfect for playing outside or entertaining. There is also a carport and fenced yard. 

9509 National Turnpike, Fairdale, KY 40118

The first floor of the home includes the living room, kitchen, laundry, and full bathroom. The kitchen and living room are open to one another, creating a great flow for entertaining. On the second floor, you'll find two bedrooms.

9509 National Turnpike, Fairdale, KY 40118

For more information and additonal photos of this home for sale, call the Hollinden Team at 502-429-3866. We would love to give you a private showing! 

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