🎥 Oldham County Real Estate Market Update – August 2025 vs August 2024
👋 Hope all is well, wanted to share the latest Oldham County real estate update. Today, we’re comparing the market numbers from August 2025 to August 2024, and there are some important trends to talk about.
________________________________________
📊 Prices
• The median sales price this August came in at $475,000, which is just a touch lower than last year’s $476,750.
• The average sales price actually increased slightly to $573,404, compared to $570,435 in 2024.
👉 So what does this mean? Prices are essentially holding steady. We’re not seeing the double-digit growth of the past, but the market is still showing stability. This is healthy—it suggests buyers and sellers are finding more balance.
________________________________________
🏡 Inventory & Listings
• New listings this August: 131, up from 122 last year.
• Homes for sale: 230, compared to just 168 a year ago- back in August 2019, we had 365 homes for sale, so inventory is still below pre-pandemic levels, but it’s clearly trending upward.
________________________________________
📈 Sales Activity
• Pending sales: 67, down from 75 last year—and down even more from 100 pending sales in July 2025.
• Closed sales: 87, up from 78 last year, but also a drop compared to 118 closed in July 2025.
👉 So while closings are stronger than last August, the drop from July to August tells us buyer activity has cooled slightly. This could be tied to seasonality, interest rates, or buyers simply having more choices and taking their time.
________________________________________
⏱️ Market Pace
• Average days on market: 28, compared to 39 last year.
• Months supply of inventory: 3.3 months, up from 2.4 months in 2024.
👉 Homes are still selling faster than last year, which shows motivated buyers are out there. But with supply rising, we’re moving toward a more balanced market where buyers have a little more negotiating power.
________________________________________
🔑 Big Takeaway
The Oldham County market in August 2025 is healthier and more balanced than it’s been in years. Prices are stable, inventory is the highest we’ve seen since 2020, and homes are still moving quickly when they’re priced right. If you’re a seller, it’s still a great time to list—just know that buyers now have more options. And if you’re a buyer, you finally have breathing room compared to the ultra-competitive markets of the past few years.
________________________________________
👋 As always, if you’re curious how these trends affect your situation, reach out and I’ll be glad to walk through the numbers with you. Thanks for reading, and I’ll see you next month with another update!
Информация по комментариям в разработке