Lincoln County Real Estate Recap-September 2019

This report is based upon the following criteria

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

	Qty	Avg Sqft	Avg DOM	Avg. Sales Price	Active Homes on market	Months Supply
Total Sales	94				348
100-199	18	1,419	28	161,844.00	27	1.5
200-299	32	1,925	46	248,648.00	87	2.7
300-399	24	2,578	95	346,750.00	101	4.2
400-499	10	3,481	78	435,983.00	53	5.3
500-599	4	3,897	27	552,500.00	30	7.5
600-699	3	3,554	42	638,000.00	13	4.3
700-799	2	3,400	249	740,500.00	9	4.5
800-899	1	4,583	393	855,000.00	5	5
900-999						1.2
1 million					14
2 million					3
3 million
6 million					1

	Dec 2018	Jan. 2019	Feb. 2019	March 2019	April 2019	May 2019	June 2019	July	August	September
Total Units	72	51	72	88	87	113	139	105	108	94
100-199	18	12	13	20	20	22	28	17	22	18
200-299	22	19	23	32	31	27	46	34	22	32
300-399	16	11	18	21	17	30	27	24	30	24
400-499	6	6	8	5	11	17	16	14	19	10
500-599	5	1	5	4	4	6	10	4	6	4
600-699	1	1	4	5	0	6	4	6	3	3
700-799	1	0			3	2	2	3	1	2
800-899		1			1	1	2		2	1
900-999	1	0			0	1	2		2
1 million	2	0	1	1	0	1	1	3	1
2 million		0			0
3 million							1

Sold Market Percentage	Dec 18	Jan 2019	Feb. 2019	March 2019	April 2019	May 2019	June 2019	July	August	Sept 19	Oct 19
Total Sold	72	51	72	88	87	113	139	105	108	94	103
Existing Homes	72%	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 /]

	Qty	Avg Sqft	Avg DOM	Avg. Sales Price
Total Sales	18
100-199	0	0	0	0
200-299	7	1,897	50	276,361.00
300-399	8	2,394	200	347,536.00
400-499	3	3,360	91	430,144.00
500-599	0	0	0	0
600-699	0	0	0	0
800-899	0	0	0	0
900-999	0	0	0	0

	Jan	Feb	March	April	May	June	July	Aug	Sept	Oct	Nov	Dec
2017	NA	NA	NA	NA	74	73	91	97	77	99`	69	45
2018	83	62	111	76	62	83	74	52	76	60	54	36
2019	61	69	77	44	77	58	60	67	41	58