madison county real estate market update: Madison County Real Estate Market Update: Strong Pricing Continues Despite More Inventory - 06/29/26 07:24 AM
One week's worth of market data can reveal a lot about where a local housing market is headed, and this week's numbers from Madison County real estate paint an encouraging picture for both buyers and sellers.
Current market activity includes:
40 new listings 30 sold homes Median sold price: $291,500 Average Days on Market: 36 Sold-to-Original List Price Ratio: 97.37% The addition of 40 new listings provides buyers with more opportunities to explore homes for sale in Madison County, while 30 completed sales demonstrate that demand remains steady.
The average marketing time of 36 days indicates a balanced pace. Homes are moving without … (2 comments)

madison county real estate market update: Madison County Real Estate Market Update: Strong Pricing Continues as Inventory Grows - 06/22/26 05:08 AM
What happens when inventory increases while sellers continue receiving nearly full asking price? That's exactly what we're seeing in this week's Madison County real estate market update.
This week produced 38 new listings and 24 closed sales, giving buyers more opportunities while demonstrating that qualified purchasers remain active.
The median sold price reached $299,500, reflecting continued stability across Madison County homes. Meanwhile, the average 48 days on market suggests buyers have slightly more breathing room than they did during the height of the seller's market, although properly priced homes continue attracting strong interest.
One statistic that stands out is the 98.10% sold price to … (3 comments)

madison county real estate market update: Madison County Real Estate Market Update: The Story Behind the Numbers - 06/15/26 06:29 AM
What happens when inventory grows but sellers still capture nearly full asking price? That's exactly what we're seeing in this week's Madison County real estate market update.
Here's a snapshot of the latest activity: 
30 new listings entered the market. 25 homes sold. Median sold price reached $350,000. Average days on market came in at 35 days. Sellers received 97.37% of their original list price. From a professional standpoint, these numbers indicate a balanced environment where preparation and pricing strategy matter. Thirty-five days on market provides buyers with slightly more breathing room compared to ultra-competitive conditions, yet the 97.37% sold-to-list ratio demonstrates … (1 comments)

madison county real estate market update: Pricing a Home Correctly: Why It Matters More Than Ever in Madison County KY - 06/09/26 05:24 AM
One of the most valuable services a Realtor provides is helping homeowners establish an effective listing price.
In today's Madison County real estate market, proper pricing is often the difference between receiving offers quickly and watching a property linger on the market.
Here are a few principles I discuss with sellers:
The Market Determines ValueHomeowners often focus on what they need from a sale. Buyers focus on what comparable homes have recently sold for.
Recent sales data remains the strongest indicator of market value.
First Impressions MatterMost buyers begin their search online. Whether they're buying a house for the first time, buying a house with cash, … (3 comments)

madison county real estate market update: Madison County Real Estate Market Update: Strong Pricing Power Despite Growing Inventory - 06/08/26 06:26 AM
One statistic caught my attention this week in the Madison County real estate market: sellers are still capturing 98.45% of their original asking price while homes are averaging just 28 days on market.
For agents, buyers, and sellers watching local trends, that's a noteworthy combination.
This week's Madison County real estate market update shows:
34 New Listings 15 Sold Listings Median Sold Price: $315,000 Average Days on Market: 28 Sold Price to Original List Price Ratio: 98.45% The increase in new listings is creating additional opportunities for buyers searching for homes for sale in Madison County. More inventory generally provides greater choice and … (2 comments)

madison county real estate market update: Madison County Real Estate Market Update: Inventory Grows While Buyers Gain Leverage - 06/01/26 07:24 AM
The latest Madison County real estate market update offers several insights for agents, buyers, and sellers watching local trends closely.
This week, Madison County recorded:
28 New Listings 17 Sold Listings Median Sold Price: $310,000 Average Days on Market: 59 Sold Price to Original List Price Ratio: 95.59% One of the biggest takeaways is the relationship between inventory and market pace. With 28 new listings compared to 17 sales, buyers are seeing more options among the available homes for sale in Madison County.
The average marketing time of 59 days suggests that buyers are taking a more measured approach than they did during … (1 comments)

madison county real estate market update: Madison County KY Real Estate Market Update: Buyers Gaining More Options as Inventory Grows - 05/25/26 08:50 AM
The Madison County real estate market continues to shift toward a more balanced environment, and this week’s numbers offer valuable insight for both agents and consumers watching local trends closely.
Here’s this week’s Madison County real estate market update:
44 new listings 21 sold listings Median sold price: $329,000 Average days on market: 81 Sold-to-original-list-price ratio: 96.20% One of the biggest takeaways this week is the relationship between inventory and buyer behavior. With 44 new Madison County homes hitting the market but only 21 closings, buyers are gaining more choices and becoming more selective.
The average 81 days on market reinforces that we’re … (0 comments)

madison county real estate market update: Madison County Real Estate Market Update: Buyers Still Competing for Well-Priced Homes - 05/11/26 07:41 AM
The latest Madison County real estate market update continues to show a market that remains competitive despite shifting inventory levels and longer average market times.
This week, Madison County real estate recorded:
34 new listings 29 sold listings $292,400 median sold price 66 average days on market 102.35% sold price to original list price ratio The most notable metric this week is the sold-to-list ratio. Homes closed at an average of 102.35% of original asking price, signaling that buyers are still willing to compete aggressively for desirable Madison County homes.
At the same time, the average days on market sitting at 66 days … (2 comments)

madison county real estate market update: Madison County KY Market Update: Pricing Strategy Is Everything Right Now - 04/27/26 05:56 AM
The latest Madison County real estate market update shows a market that’s stabilizing, but still requires precision from both agents and clients.
Here’s the current breakdown:
25 new listings 15 closed sales Median sold price: $265,000 Average DOM: 48 days Sold-to-list ratio: 96.89% What stands out immediately is the 48 days on market. We’re clearly no longer in a hyper-accelerated environment. Buyers are taking more time, which is creating a noticeable shift in how listings need to be positioned.
At the same time, the 96.89% sold-to-list ratio confirms that properly priced homes are still achieving strong returns. Overpricing, however, is likely leading to … (2 comments)

madison county real estate market update: Madison County KY Market Update: A Shift Toward Balance? - 04/20/26 05:57 AM
Is the Madison County real estate market starting to normalize? This week’s numbers suggest we may be moving toward a more balanced environment, something both agents and clients should be watching closely.
We recorded 37 new listings and 24 closed sales, indicating steady inventory flow without oversaturation. The median sold price of $297,500 continues to support stable home values across Madison County homes.
However, the average days on market has reached 81, which signals a slowdown in buyer urgency compared to previous cycles. This shift is reinforced by the 96.14% sold price to original list price ratio, showing that while sellers are still … (1 comments)

madison county real estate market update: Madison County KY Market Update: Pricing Pressure & Longer Days on Market - 04/13/26 08:01 AM
The latest Madison County real estate market update shows a market that’s stabilizing, but requiring more precision from both buyers and sellers.
This past week, we saw 32 new listings and 17 closed sales, signaling steady activity but a growing gap between supply and demand.
The median sold price held at $289,900, which continues to reflect solid value across Madison County homes. However, the average days on market has stretched to 78 days, a notable indicator that properties are taking longer to move compared to peak conditions.
One of the most telling metrics is the 97.13% sold-to-original list price ratio. While still strong, it … (1 comments)

madison county real estate market update: Madison County KY Market Update: Longer Days on Market Signal a Strategic Shift - 03/30/26 07:22 AM
The latest Madison County real estate market update shows a subtle but important transition, one that agents, buyers, and sellers should be watching closely.
This week’s numbers:
25 new listings 21 closed sales Median sold price: $330,000 Average DOM: 61 days Sold-to-list ratio: 92.40% While listing and sales activity remain relatively balanced, the 61-day average days on market stands out. This indicates a shift away from the hyper-competitive pace we saw previously.
Additionally, a 92.4% sold-to-list price ratio suggests that pricing strategies are becoming increasingly critical, with buyers negotiating more effectively.
For those working in Madison County real estate, this is a more nuanced … (1 comments)

madison county real estate market update: Madison County KY Real Estate Market Update: Inventory Rising While Prices Hold Strong - 03/16/26 03:37 AM
The latest Madison County real estate market update shows an interesting shift as inventory begins to build while pricing remains relatively strong.
This week we saw 31 new listings enter the market across Madison County, while 11 homes closed. With new inventory outpacing sales this week, buyers searching for homes for sale in Madison County may begin seeing more options appear in the coming weeks.
The median sold price landed at $285,900, which continues to support stable home values across the county.
One stat that stands out is the average days on market sitting at 66 days. Compared to the extremely fast-paced market of … (2 comments)

madison county real estate market update: Madison County KY Market Update: Inventory Rising While Homes Still Sell Near List Price - 03/09/26 05:50 AM
The latest Madison County real estate market update shows an interesting shift that both agents and consumers should watch closely.
In the past week, 32 new listings entered the market in Madison County while 14 homes closed.
That increase in inventory compared to closed transactions suggests buyers currently have more options among available homes for sale in Madison County.
Key Market Metrics New Listings: 32
Homes Sold: 14
Median Sold Price: $327,950
Average Days on Market: 63
Sold Price to Original List Price Ratio: 96.70%
The 63 average days on market indicates that homes are still moving but at a more measured pace than … (2 comments)

madison county real estate market update: Weekly Market Snapshot for Madison County Agents & Clients - 03/02/26 05:54 AM
Here’s a quick reality check for anyone tracking local housing trends: this week’s Madison County real estate market update shows a steady, but strategy-driven—environment that rewards informed buyers and well-prepared sellers.
Current Weekly Stats
New Listings: 33
Sold Listings: 18
Median Sold Price: $295,000
Avg DOM: 61
Sold-to-List Ratio: 93.70%
From a professional standpoint, the 61-day average market time indicates a normalized pace rather than a rush market. We’re not seeing distressed movement, but we’re also not seeing instant absorption. That suggests pricing accuracy and property presentation remain decisive factors for sellers marketing Madison County homes.
The 93.7% sale-to-list ratio is especially telling. … (3 comments)

madison county real estate market update: Madison County Market Snapshot: DOM Rising Slightly While Prices Hold Strong - 02/23/26 03:11 AM
The latest Madison County real estate market update shows a subtle but important shift that agents, buyers, and sellers should be watching closely.
This week recorded 37 new listings and 12 closed sales, indicating inventory growth outpacing absorption. While that may look like a slowdown on paper, the deeper metrics tell a more balanced story.
The median sold price sits at $302,000, confirming that Madison County homes are maintaining value despite increased selection. Meanwhile, the average days on market is 51, suggesting buyers are moving more deliberately and comparing options rather than rushing.
One of the most telling indicators is the 94.80% sold-to-list price … (2 comments)

madison county real estate market update: Weekly Market Pulse: What 47 DOM and a 96.45% Ratio Say About Madison County - 02/16/26 04:55 AM
If you want a quick read on market health, watch pricing strength and absorption speed. This week’s Madison County real estate market update shows a steady, balanced environment that both agents and clients should pay attention to.
Current Stats
New listings: 17
Sold listings: 13
Median sold price: $274,900
Average DOM: 47
Sold-to-list ratio: 96.45%
The 47-day DOM suggests we’re not in a hyper-velocity market, but we’re also far from stagnant. Properties that are well-priced and properly marketed are still moving at a healthy pace. Meanwhile, a 96.45% sale-to-list ratio indicates sellers are negotiating but not dramatically discounting, a sign of price … (3 comments)

madison county real estate market update: Madison County, KY Market Update: Low Inventory Meets Strong Sales Activity - 02/02/26 03:42 AM
The latest Madison County real estate market update highlights a familiar, but important trend: demand continues to outpace supply.
This week, only 6 new listings entered the market, while 18 homes closed. That imbalance alone signals continued pressure on inventory across Madison County homes.
The median sold price landed at $291,100, reinforcing price stability despite fewer listings. Homes averaged 47 days on market, indicating buyers are taking time to evaluate options, but are still moving forward when pricing aligns with market value.
One of the most telling metrics this week is the 96.95% sold-to-list price ratio. While we’re not seeing aggressive over-asking patterns across … (3 comments)

madison county real estate market update: Weekly Madison County Real Estate Market Update: Balanced but Competitive - 01/26/26 06:24 AM
This week’s Madison County real estate market update highlights a market that rewards accuracy and informed decision-making.
With 21 new listings and 13 homes sold, inventory is replenishing faster than it’s being absorbed. The $290,000 median sold price shows stability, while the 61-day average days on market signals buyers are carefully evaluating options.
A 96.43% sale-to-list ratio confirms that sellers who price correctly are still achieving strong results, but unrealistic pricing is being corrected by the market.
From an agent perspective, this is a strategy-driven environment. Buyers benefit from expanded inventory, while sellers must rely on professional marketing and realistic expectations.
For anyone navigating Madison … (0 comments)

madison county real estate market update: Madison County KY Market Update: Pricing Strategy Matters More Than Ever - 01/19/26 06:22 AM
This week’s Madison County real estate market update highlights a market that continues to reward strategy over speed. For agents, buyers, and sellers watching the data closely, the trends are clear.
📈 Weekly Market Snapshot 27 new listings entered the Madison County real estate market
16 properties sold
Median sold price: $335,000
Average days on market: 57
Sold-to-list price ratio: 96.66%
🔍 Professional Market InterpretationThe spread between new listings and sold homes suggests a gradual inventory build, giving buyers more choice while putting pressure on sellers to price accurately. An average 57 days on market reflects a shift away from rapid-fire sales … (4 comments)

 
Devin Todd Azbill, Top Rated Berea, KY REALTOR® – Devin Todd Azbill (Todd & Company KY | BHHS Foster Realtors)

Devin Todd Azbill

Top Rated Berea, KY REALTOR® – Devin Todd Azbill

Berea, KY

More about me…

Todd & Company KY | BHHS Foster Realtors

Address: 2629 Lexington Rd., Richmond, KY, 40403

Mobile: (859) 200-6513



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