Lincoln Real Estate Statistics

Lincoln real estate average sold price in the last 30 days (February 26 - March 27) was $766,247, which is $108,290 (14.1%) higher than the average price of $657,957 in the previous 30 day period (January 27 - February 25), and $217,853 (28.4%) down from the same period 1 year ago ($984,100). Lincoln real estate prices over the last 30 days are also $65,687 (8.6%) lower than the average selling price of $831,934 over the past year.

Lincoln average sold price for homes was $841,812 in the last 30 days (February 26 - March 27), which is $92,034 (10.9%) up from the average home price of $749,778 in the previous 30 day period (January 27 - February 25), and $205,556 (24.4%) lower than the same period 1 year ago ($1,047,368). In the last 30 days Lincoln the average home price was $106,752 (12.7%) lower than the average selling price of $948,564 over the last 12 months.

Average Lincoln condo sold price over the last 30 days (February 26 - March 27) was $445,000. During this period it was $41,400 (9.3%) up from the average price of condo of $403,600 during the previous 30 days (January 27 - February 25), and $355,000 (79.8%) lower compared to the same period 1 year ago ($800,000). In the last 30 days Lincoln the average condo price was $74,089 (16.6%) lower than the average selling price of $519,089 over the last year.

Average sold price of Lincoln townhouse was $652,940 in the last 30 days (February 26 - March 27), down $3,060 (0.5%) from the average townhome price of $656,000 over the previous 30 days (January 27 - February 25), and $267,178 (40.9%) lower than during to the same period 1 year ago ($920,118). Over the last 30 days the average townhouse price in Lincoln was $58,965 (9.0%) lower compared to the average selling price of $711,905 over the last 12 months.

Average selling price for Lincoln real estate was $766,247 in the last 30 days (February 26 - March 27), which is collectively $15,001 (1.7%) lower than the average asking price of $888,194. This represents an increase of $1,615 (9.7%) compared to $16,616 (1.9%) Sold-Under-Asking price from the previous 30 day period (January 27 - February 25).

The maximum Sold Over/Under Asking ratio in Lincoln during the last 12 months was recorded in March, 2022 with an average of $97,559 over the asking price, while the minimum occurring in December, 2022 with $52,133 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Lincoln was 65.7% with 23 properties sold and 28 new properties listed in the past 30 days (February 26 - March 27). This represents a decrease from 92.9% recorded during the previous 30 day period (January 27 - February 25), and a decrease from 133.3% compared to the same period one year ago.

Over the the last year the highest SNLR in Lincoln was 100.0% recorded in February and the lowest was in September at 39.5%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 23 properties that were successfully sold in Lincoln in the last 30 days (February 26 - March 27) was 26 days, which is 3 days less than 29 days average in the previous 30 day period (January 27 - February 25) and 16 days longer than during the same period a year ago (10 days).

There were 22 delisted properties in Lincoln, those that got either Expired, Suspended or Terminated over the last 30 days (February 26 - March 27) with an average of 74 days on the market. This is 13 days shorter than the average of 87 days during the previous 30 day period (January 27 - February 25) and 64 days more compared to the same period last year average of 10 days on the market.

22 Lincoln properties that didn't sell stayed on the market 184.6% longer than 23 that sucessfully sold over the last 30 days - 26 days when sold vs 74 days when delisted respectively.

Average Days on the Market in Lincoln over the past 12 months for properties that have sold was 25.8 days, with 45.2 days for those properties that did not sell.

35 new properties were listed on the market in Lincoln in the last 30 days (February 26 - March 27). During the same time 23 properties were sold and 22 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 10 properties (or 28.6%).

During the previous 30 day period (January 27 - February 25) there were 28 new properties listed, 26 sold and 14 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was June with 48 new properties listed, the slowest - December with 21 new listings and a yearly average of 38 new listings per month.

There were a total of 21 homes listed during the last 30 days (February 26 - March 27), which is 60.0% of all properties listed in Lincoln. This is a 16.7% increase compared with a previous 30 day period (January 27 - February 25) and 40.0% up from the same period a year ago. Over the past year an average of 23 homes are were listed per month.

12 townhomes were listed over the last 30 days (February 26 - March 27) in Lincoln, which is 34.3% of all new real estate inventory. This is a 71.4% more than during the previous 30 day period (January 27 - February 25) and 20.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 11 a month.

There were a total of 16 homes sold during the last 30 days (February 26 - March 27), which is 69.6% of all properties sold in Lincoln. This is a 14.3% increase compared with a previous 30 day period (January 27 - February 25) and 27.3% down from the same period a year ago. Over the past year an average of 16 homes are were sold per month.

2 condo units were sold in the last 30 days (February 26 - March 27) in Lincoln, which represents 8.7% of all sold properties. This is down 60.0% from the prior 30 day period (January 27 - February 25) and 0.0% less compared to the same period last year. There were 2 condos sold per month on average during the last 12 months.

5 townhomes were sold over the last 30 days (February 26 - March 27) in Lincoln, which is 21.7% of all sold real estate. This is a 28.6% less than during the previous 30 day period (January 27 - February 25) and 68.8% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 7 a month.