Lincoln County Real Estate Recap-December 2018

Hope everyone had a happy holiday season.   2018 was a year of change.  Here are the final sales numbers for the year.

December Sales

Sales December 2017          79 units

Sales December 2018          72 units

That is a decrease of 9%

Yearly Sales

Total Sales 2017                 1,220 units

Total Sales 2018                 1,067 units

That is a decrease of 12%

Overall Market Activity December 2018

 QtyAvg
Sqft
Avg
DOM
Avg.
Sales Price
Months
Supply
Total Sales72
100-199181,42148153,030.002.1
200-299222,05860255,356.003
300-399162,84976339,815.004.8
400-49962,539207457,742.006.8
500-59953,26964570,140.004
600-69914,1624646,000.007
700-79914,628148790,000.0010
800-8990000
900-99914,97290937,000.005
1 million24,531621,217,500.002.5

Monthly Recap-December 2018

             
Jan.FebMarchAprilMayJuneJulyAugustseptOctNovDec
Total Units6256941029912990121551048372
100-199251825322430182616282518
200-299142024282833182619242422
300-39916833262326242111301516
400-499265713151114210136
500-5992342811572625
600-699012109433221
700-799000322341211
800-899200211321
900-9991000012211
1 million0011011412
2 million0000000 0

Sold Market Percentage

Sold Market
Percentage
Jan 18Feb 18March 18April 18
May 18
June 18
July 18
Aug 18
Sept 18Oct 18Nov 18Dec 18
Total Sold
6256 9410299 12990122551048372
Existing Homes77.5 %73.2%60%82%74% 71% 77%81%80%75%79%72%
New
Construction %
22.5%26.8%40%18%26%29%23%19%20%25%21%28%

Active Market Percentage

Active Market
Percentage
Feb 18March 1stApril 7thMay 7thJune 13thJuly 6thAug 1st. Sept. 2ndOct1stNov 5thDec 6thJan 2nd
Total Active
357341346359379374347362368350319283
Existing Homes60%57.8%60%62%61%62%69%68%65%67%62%60%
New
Construction %
40%42.2%40%38%39%38%31%33%35%33%38%40%

New Construction-Sold Dec. 2018

 Qty
Avg
Sqft
Avg
DOM
Avg.
Sales Price
Total Sales20
100-1992
1,33080176,400.00
200-29952,00941276,966.00
300-399102,79581340,905.00
400-49932,788129469,985.00
600-6990 000

Active Homes December 2018

Qty.Avg. Sqft
Avg.
Sales Price
Total Active114
100-19961,241171,033.00
200-299221,825263,947.00
300-399462,564351,011.00
400-499313,092442,150.00
500-59953,166543,975.00
600-69923,456624,950.00
700-79914,480738,800.00
3 million16,4733,850,000.00

New Home Construction Permit Recap

 JanFebMarchAprilMay June JulyAugSeptOct NovDecTotal
2017NANANANA747391977799`6945
20188362111766283745276605436
20196169

 

 

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