Fayette County Market Heat Score: A Balanced View

Fayette County is currently experiencing a balanced market where buyers have more leverage than sellers. The ALEX Intelligence Market Heat Score for this region stands at 38 on a scale of 0 to 100, calculated using weighted factors for days on market, list-to-sale price ratios, inventory levels, and price reduction activity. The data reveals a distinct shift from the prior period. Median days on market dropped significantly by 32.1% compared to the previous six months, falling to 74 days, though this remains 29.8% higher than the same window last year. Simultaneously, the median close-to-original list ratio improved to 0.897, indicating that homes are selling closer to their asking prices than they did previously, even as the median sale price of $290,000 sits 4.7% below last year's levels. Inventory remains a key driver in this assessment. With 55 active listings and only 38 closed sales over the last six months, the market holds 8.68 months of inventory. This volume exceeds the typical threshold for a seller's market, contributing to the lower heat score. The combination of rising inventory and price adjustments suggests a cooling trend where negotiation power has shifted toward purchasers. ALEX Intelligence estimates this composite index by aggregating these specific metrics to provide a single snapshot of current market conditions. While the pace of sales has accelerated slightly compared to the prior period, the high inventory count keeps the overall heat score in the lower range, signaling a buyer-favorable environment for now. Want these numbers for your street? Email [email protected]. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker. George Arnold Alexander III, MPA Director, ALEX Companies Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574878-B · Broker License #565194-BB Broker, ALEX Real Estate · North Carolina License #367733 Independent Broker, ALEX Real Estate · Colorado License #II.100112456 [email protected] · +1 713.918.9951