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Lincoln County Real Estate Activity-August 2018

The summer sales season is rapidly coming to an end.  School is back in session and the leaves are starting to turn colors.   Fall will be hear before you know it.   August was a good month for sales in Lincoln County.  There were a total of 122 units sold.  Remember that homes that closed in August went under contract in July.     The good news is that there is less than a  6 month supply of homes in all price ranges.  Bad news is that sales are down from August 2017.   Last year there were 134 units sold.   .

Overall Market Activity August 2018

 QtyAvg
Sqft
Avg
DOM
Avg.
Sales Price
Months
Supply
Total Sales122
100-199261,50041154,631.002
200-299392,19555255,469.002
300-399212,714113350.426.004.8
400-499143,411120443,321.002
500-59973,73584563,297.003.2
600-69933,55298651,333.006
700-79944,806128727,4000.003.75
800-89924,089166836,500.003.5
900-99924,548231914,190.003
1 million43,774321,090,000.002.75

Monthly Recap-August 2018

         
Jan.FebMarchAprilMayJuneJulyAugust
Total Units6256941029912990121
100-1992518253224301826
200-2991420242828331826
300-399168332623262421
400-499265713151114
500-599234281157
600-69901210943
700-79900032234
800-89920021132
900-99910000122
1 million00110114
2 million0000000 0

Sold Market Percentage

Sold Market
Percentage
Jan 18Feb 18March 18April 18
May 18
June 18
July 18
Aug 18
Sept 18
Total Sold
6256 9410299 1299012255
Existing Homes77.5 %73.2%60%82%74% 71% 77%81%80%
New
Construction %
22.5%26.8%40%18%26%29%23%19%20%

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