Let’s talk about what’s really going on in Madison County’s high-end housing market this week—because if you’re thinking about buying or selling in the luxury space, these numbers matter.
We’re keeping a close eye on trends so you can stay ahead of the curve—and this week’s data gives us a lot to unpack. Whether you’re a seasoned investor or just curious about what luxury real estate looks like in Central Kentucky, here’s your update:
📈 Average Sold Price: $368,632
This week’s sold homes are coming in strong with an average sold price just over $368K. That’s a solid indicator that buyers are still willing to pay for upgraded features, location, and lifestyle—especially in desirable Madison County neighborhoods like Shiloh Pointe, Boone’s Trace, and The Woods. If your home is dialed-in and priced right, you’re still in the running for top dollar.
⏱️ Average Days on Market: 44
Homes in the luxury bracket are taking about a month and a half to move, which is pretty typical for our area. It tells us that while buyers are active, they’re still being selective. If your home is lingering, it might be time to revisit pricing, marketing, or presentation.
🏠 Sold Listings: 26
We saw 26 properties close this past week, and several of them were high-end homes. That’s encouraging—this isn’t a stagnant market. People are buying, even in a space that can be more sensitive to interest rates and economic shifts.
💰 List-to-Sold Price Ratio: 97.02%
Sellers are getting about 97% of their asking price, which means there’s not a ton of wiggle room for buyers right now. If you’re looking to buy, be prepared to come in strong—especially if the home is newer, custom-built, or has acreage.
📋 New Listings: 38
With 38 new listings hitting the market, we’re seeing more inventory roll in—and that’s a great sign for buyers who’ve been waiting for fresh options. The competition is heating up just in time for summer.
📝 Under Contract: 31
A total of 31 properties went under contract this week, which shows serious momentum. Buyers aren’t just looking—they’re making moves.
What This Means for You
If you’re selling in the luxury market: Now’s the time to make sure your home is staged, marketed, and priced with precision. The demand is there—but only if you’re dialed in from day one.
If you’re buying: You’ve got options, but the best homes aren’t sitting for long. Let’s get you prepped and positioned to compete.
And if you’re just watching the market: Keep checking in with me weekly—I’ll break down what’s real and what’s just real estate noise.
📲 Thinking about making a move in Madison County? Let’s talk. I’m happy to walk you through the process—whether you’re upsizing, downsizing, or just need a game plan.
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Devin Todd Ramsey | Madison County Real Estate
Local Knowledge. Real Results.