Lincoln Real Estate Statistics

Lincoln Real Estate Price Trend
Lincoln real estate average sold price in the last 30 days (November 7 - December 6) was $2,500,000, which is $1,580,850 (63.2 %) higher than the average price of $919,150 in the previous 30 day period (October 8 - November 6), and $1,925,654 (77.0 %) up from the same period 1 year ago ($574,346). Lincoln real estate prices over the last 30 days are also $1,510,469 (60.4 %) higher than the average selling price of $989,531 over the past year.
Lincoln average sold price for homes was $2,500,000 in the last 30 days (November 7 - December 6), which is $1,431,275 (57.3 %) up from the average home price of $1,068,725 in the previous 30 day period (October 8 - November 6), and $1,883,899 (75.4 %) higher than the same period 1 year ago ($616,101). In the last 30 days Lincoln the average home price was $1,423,109 (56.9 %) higher than the average selling price of $1,076,891 over the last 12 months.
Sold Price Above/Below Asking ($)
Average selling price for Lincoln real estate was $2,500,000 in the last 30 days (November 7 - December 6), which is collectively $199,777 (24.2 %) lower than the average asking price of $824,773. This represents a decline of $156,661 (363.3 %) compared to $43,116 (5.0 %) Sold-Under-Asking price from the previous 30 day period (October 8 - November 6).
The maximum Sold Over/Under Asking ratio in Lincoln during the last 12 months was recorded in April, 2021 with an average of $51,914 over the asking price, while the minimum occurring in November, 2021 with $199,777 below the asking price.
Sales to New Listings Ratio
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 3.3 % with 1 properties sold and 29 new properties listed in the past 30 days (November 7 - December 6). This represents a decrease from 20.7 % recorded during the previous 30 day period (October 8 - November 6), and a decrease from 76.5 % compared to the same period one year ago.
Over the the last year the highest SNLR in Lincoln was 342.9 % recorded in August and the lowest was in November at 3.2 %. 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.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 1 properties that were successfully sold in Lincoln in the last 30 days (November 7 - December 6) was 96 days, which is 58 days more than 38 days average in the previous 30 day period (October 8 - November 6) and 85 days longer than during the same period a year ago (11 days).
There were 2 delisted properties in Lincoln, those that got either Expired, Suspended or Terminated over the last 30 days (November 7 - December 6) with an average of 179 days on the market. This is 116 days longer than the average of 63 days during the previous 30 day period (October 8 - November 6) and 102 days more compared to the same period last year average of 77 days on the market.
2 Lincoln properties that didn't sell stayed on the market 86.5 % longer than 1 that sucessfully sold over the last 30 days - 96 days when sold vs 179 days when delisted respectively.
Average Days on the Market in Lincoln over the past 12 months for properties that have sold was 22.4 days, with 43.5 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
30 new properties were listed on the market in Lincoln in the last 30 days (November 7 - December 6). During the same time 1 properties were sold and 2 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 27 properties (or 90.0 %).
During the previous 30 day period (October 8 - November 6) there were 29 new properties listed, 6 sold and 6 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was May with 38 new properties listed, the slowest - August with 7 new listings and a yearly average of 22 new listings per month.
New Real Estate Listings by Property Type
There were a total of 17 homes listed during the last 30 days (November 7 - December 6), which is 56.7 % of all properties listed in Lincoln. This is a 13.3 % increase compared with a previous 30 day period (October 8 - November 6) and 54.5 % up from the same period a year ago. Over the past year an average of 14 homes are were listed per month.
12 townhomes were listed over the last 30 days (November 7 - December 6) in Lincoln, which is 40.0 % of all new real estate inventory. This is a 14.3 % less than during the previous 30 day period (October 8 - November 6) and 100.0 % increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 8 a month.
Real Estate Sales by Property Type
There were a total of 1 homes sold during the last 30 days (November 7 - December 6), which is 100.0 % of all properties sold in Lincoln. This is a 75.0 % decline compared with a previous 30 day period (October 8 - November 6) and 83.3 % down from the same period a year ago. Over the past year an average of 16 homes are were sold per month.
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