Madison County KY Market Snapshot: A Week of Steady Movement
By Devin Todd Azbill, Top Rated Berea, KY REALTOR® – Devin Ramsey
(Todd & Company KY | BHHS Foster Realtors)
Another week, another set of numbers showing the stability of the Madison County real estate landscape. This week’s data highlights balanced activity, a sign of a healthy, steady market.Here’s the breakdown: 26 new listings entered the market 26 homes closed Median sold price: $275,000 Average DOM: 36 Sold-to-list price: 96.63% The equal number of new listings and closed sales suggests a strong flow of inventory through the system. Buyers remain active, and homes are still moving within a reasonable timeframe.A 36-day DOM is especially notable, it reflects neither a slow market nor a frenzy, but a dependable rhythm. Meanwhile, the 96.63% sold-to-list ratio shows that buyers are willing to pay near asking price when homes are priced well and marketed effectively.These trends matter for b...
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