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: ...

january 2021: OLDHAM COUNTY MARKET SUMMARY

January brought us frigid temperatures and record low housing inventory. Looking back at our January 2017 Oldham County Real Estate Statistics blog, it shows how low housing inventory is now. Inventory is typically low most the time in winter but this year is lower than average.

In January 2017, the absorption rate (number of available homes during a given period of time divided by the number of homes sold) for Northern...

299 samples way, waddy, Ky 40076

Welcome to 299 Samples Road! This beautiful 15-acre property is ready for new owners to love it just as the previous ones did. When you drive down the long private driveway, you'll see a house to the left and the outbuilding and garage to the right. The large outbuilding has a one bed one bath apartment. The large garage is currently being used as a workshop. 

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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...

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. 

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November 2020: Oldham County market summary

Despite the ongoing pandemic, the real estate market is still reporting record-breaking growth. Mortgage rates remain low and the demand for housing inventory is high. We are currently still in a seller's market, making it a great time to sell your home, even in the colder months.

Let's take a look at some of the key market statistics comparing November 2019 to November 2020 for Northern and Southern Oldham County.  The absorption rate (number of available homes during a given period of time divided by the number of homes sold) has dropped. Because buyers are moving much faster than last year to beat out the competition, you will see a major drop...

3319 dell rd, jeffersontown, ky 40299

Welcome to 3319 Dell Rd! This charming cape cod is move-in ready and includes 4 bedrooms and a full bathroom. Conveniently located in the Jefferson Height neighborhood in Jeffersontown, this home is located close by plenty of restaurants and bars (Jtown Beach, Recbar, Feast BBQ, Barcelona Bistro Bar, Royals Hot Chicken, and more) and less than two miles from a Walmart and Kroger. Tully Elementary School is also only two blocks...

1320 Winter ave, louisville, ky 40204

Welcome to 1320 Winter Ave in the Highlands! This area has a lot to offer including several bars, local-owned boutiques and specialty stores, great parks, and plenty of restaurants. This beautiful 4 bedroom and 2 full bathroom home in the Highlands is completely remodeled and ready to move-in!

Walk up to the home and you're greeted by a...

12504 Lilly ln, louisville, ky 40223

Welcome to 12503 Lilly Ln! This gorgeous 2719 square foot home has been completely remodeled with a new addition added. This home is being offered for it's appraised value of $305,000.

Walk in and you're greeted by a stunning eat-in kitchen that includes an abundance of cabinets with soft close doors,...