Lincoln County Real Estate Recap-June 2019

It’s hard to believe that we are already half way thru 2019. The good news is home sales have finally picked up. The bad news is it came late this year and I’m guessing will not last long. Below is a recap of the sales numbers for June 2019.

Overall Market Activity June 2019

 QtyAvg
Sqft
Avg
DOM
Avg.
Sales Price
Active Homes
on market
Months
Supply
Total Sales139
100-199281,40324153,515.00291
200-299462,14574249,651.00711.5
300-399272,67259344,420.00803
400-499163,25375448,813.00574
500-599103,50138560,505.00191.9
600-69943,627304643,725.00164
700-79924,225137764,500.00115.5
800-899 23,444175824,620.0073.5
900-99924,11572956,000.0052.5
1 million1 9,000410 1,750.000.0018 18
2 million1
3 million16,7385283,075,000.001
6 million1

Monthly Recap-June 2019

Dec 2018Jan. 2019Feb. 2019March 2019April 2019May 2019June 2019
Total Units7251728887113139
100-19918121320202228
200-29922192332312746
300-39916111821173027
400-4996685111716
500-59951544610
600-6991145064
700-79910322
800-8991112
900-99910012
1 million2011011
2 million00
3 million1

Sold Market Percentage-2019

Sold Market
Percentage
Dec 18Jan 2019Feb. 2019March 2019April 2019May 2019June 2019JulyAugustSept
19
Total Sold
725172888711313910510894
Existing Homes72%76.5%76.4%64.80%68%77%77%78%72%81%
New
Construction %
28%23.5%23.6%35.2%32%23%23%22%28%19%

Active Market Percentage- 2019

Active Market
Percentage
Jan 2
2019
Feb 1

2019
March 6
2019
April
1
May
1
June 5th
July 3rdAugust
5
Sept
5
Oct
Total Active
283278289318332310316340345348
Existing Homes60%59 %59%63%65%67%65%66%64%62%
New
Construction %
40%41%41%37%35%33%35%34%36%38%

New Construction-Sold June 2019

 Qty
Avg
Sqft
Avg
DOM
Avg.
Sales Price
Total Sales32
100-19911,296140188,220.00
200-29941,65483237,066.00
300-399122,97999349,527.00
400-49982,983109438,626.00
500-59943,08030555,537.00
600-69923,913442662,450.00
800-89912,86899809,239.00

New Construction- Active Homes June2019

Qty.Avg. Sqft
Avg.
Sales Price
Total Active110
100-19981,309181,488.00
200-299351,644256,568.00
300-399372,493355,594.00
400-499222,824449,782.00
500-59953,573548,390.00
600-69923,759611,900.00
700-799000
800-899000
1 million13,9571,240,000.00
3 million000

New Home Construction Permit Recap

 JanFebMarchAprilMay June JulyAugSeptOct NovDecTotal
2017NANANANA747391977799`6945
20188362111766283745276605436
2019616977447758606741

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