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Drakes Ridge Home Values and Market Report

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Report prepared by Erinsellskentucky.com Keller Williams First Choice Realty

Market at a glance

Over the last 12 months, homes sold for 97.4% of list price in 87 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $585K Sold · $565K
$700K$610K$520K$430K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 5 sales in Jul. Last month: 2.

Where the market stands

All homes in this report, by status.

25homes
Active7 · 28%
Under contract1 · 4%
Sold (12 mo)17 · 68%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$474K
Under contract$490K
Sold$559K

Average days on market

Active112 days
Under contract47 days
Sold87 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 7
Average list price $473,933 Based on 6 of 7 homes
Avg. days on market 112 days
Avg. price per ft² $197 Based on 4 of 7 homes
Avg. living area 3,406 ft² Based on 5 of 7 homes
Avg. beds / baths 4.6 / 3.8

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

3 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 4 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

2 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 4 homes in this status.

8698 Creekstone Court$218
327 Nash Stone Court$212
8680 Drakes Boulevard$181
8634 Pebblestone Lane$180

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
8680 Drakes BoulevardAlvaton, KY 42122 544,410$799,900$18179 days
8698 Creekstone CourtAlvaton, KY 42122 453,199$699,900$218108 days
327 Nash Stone CourtAlvaton, KY 42122 433,055$649,900$21247 days
8634 Pebblestone LaneAlvaton, KY 42122 542,913$525,000$180229 days
424 Old Post CourtAlvaton, KY 42122 ———$99,000—226 days
261 Driftwood CourtAlvaton, KY 42122 ———$69,900—90 days
8632 Sandy Creek CourtAlvaton, KY 42122 533,454——2 days
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Questions about this market?

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