Lincoln County Real Estate Recap-September 2019

This report is based upon the following criteria

  1. A minimum sales price of $100,000.00
  2. No manufactured homes
  3. No condos/townhomes

Here are the highlights

September sales are down 14% from August 2019

September sales were up 41% from September 2018

September sales were down 9% from September 2017

307 total units were sold in 3rd quarter 2019. That is an increase of 13% from 3rd quarter 2018.

For the period 1/1/19 to 9/30/19 there were a total of 853 units sold. That is a 5.5% increase from the same time period in 2018.

Overall Market Activity September 2019

 QtyAvg
Sqft
Avg
DOM
Avg.
Sales Price
Active Homes
on market
Months
Supply
Total Sales94348
100-199181,41928161,844.00271.5
200-299321,92546248,648.00872.7
300-399242,57895346,750.001014.2
400-499103,48178435,983.00535.3
500-59943,89727552,500.00307.5
600-69933,55442638,000.00134.3
700-79923,400249740,500.0094.5
800-899 14,583393 855,000.0055
900-999 1.2
1 million14
2 million3
3 million
6 million 1


Monthly Recap-September 2019

Dec 2018Jan. 2019Feb. 2019March 2019April 2019May 2019June 2019JulyAugustSeptember
Total Units725172888711313910510894
100-19918121320202228172218
200-29922192332312746342232
300-39916111821173027243024
400-4996685111716141910
500-59951544610464
600-6991145064633
700-79910322312
800-899111221
900-999100122
1 million201101131
2 million00
3 million1


Sold Market Percentage-2019

Sold Market
Percentage
Dec 18Jan 2019Feb. 2019March 2019April 2019May 2019June 2019JulyAugustSept
19
Oct
19
Total Sold
725172888711313910510894103
Existing Homes72%76.5%76.4%64.80%68%77%77%78%72%81%83.5%
New
Construction %
28%23.5%23.6%35.2%32%23%23%22%28%19%16.5%


[table “41” not found /]


New Construction-Sold September 2019

 Qty
Avg
Sqft
Avg
DOM
Avg.
Sales Price
Total Sales18
100-1990000
200-29971,89750276,361.00
300-39982,394200347,536.00
400-49933,36091430,144.00
500-5990000
600-6990000
800-8990000
900-9990000


New Construction- Active Homes September 2019

Qty.Avg. Sqft
Avg.
Sales Price
Total Active132
100-19931,329170,633.00
200-299391,694264,417.00
300-399572,441351,428.00
400-499202,624440,074.00
500-599103,496550,243.00
600-69923,391639,500.00
700-799000
800-899000
1 million13,9571,240,000.00
3 million000


New Home Construction Permit Recap

 JanFebMarchAprilMay June JulyAugSeptOct NovDecTotal
2017NANANANA747391977799`6945
20188362111766283745276605436
201961697744775860674158


Above/Below/ List Price

 ListBelowAbove
Jan
Feb
March
April
May
June
July
August23%55%22%
September21%66%13%
October
16.5%69%16.5%
November
December

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