CAR ARCHIVED August 2016 | Page 20

Market Action Report August 2016
Community Information | School District
Market Action Report August 2016

County : Lincoln

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 339,850
-0%
25 %
Average List Price of all Current Listings
$ 412,903
1 %
14 %
August Median Sales Price
$ 275,364
-4%
10 %
21 %
25 %
$ 240,250
6 %
9 %
August Average Sales Price
$ 332,881
5 %
14 %
24 %
27 %
$ 286,023
6 %
9 %
Total Properties Currently for Sale ( Inventory )
384
-8%
-18%
August Number of Properties Sold
108
-6%
21 %
716
17 %
August Average Days on Market ( Solds )
55
-5% -11% -38% -39%
77
-19%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 124
-5%
-2%
10 %
5 %
$ 127
8 %
8 %
August Sold Price per Square Foot
$ 128
-3%
6 %
15 %
18 %
$ 118
8 %
9 %
August Month ' s Supply of Inventory
3.6
-2%
6 %
-33% -45%
5.2
-25%
-20%
August Sale Price vs List Price Ratio
95.8 %
. 0 %
. 3 %
3.8 % 2.0 %
95.1 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Lincoln

Number of Properties Sold
3 Mo Avg
Property Sales
160
August Property sales were 108 , up 21.3 % from 89 in August of
2015 and 6.1 % lower than the 115 sales last month . August 2016
140
Property Sales sales were at their highest level compared to August of 2015 and
160
August Property sales were 108 , up 21.3 % from 89 in August of
120
2014 . August YTD sales of 716 are running 16.8 % ahead of last
2015 and 6.1 % lower than the 115 sales last month . August 2016
140 sales year were ' s year-to-date at their highest sales level of 613 compared . to August of 2015 and
100
120
2014 . August YTD sales of 716 are running 16.8 % ahead of last
80 year ' s year-to-date sales of 613 .
100
Number of Properties Sold
3 Mo Avg
80
60
60
40
40
20
20
0
S
O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A
0
13
14
15
16
S
O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A
Prices
13
14
Median Sales
15 Price and Average Sales 16Price
3 Mo Avg
The Median Sales Price in August was $ 275,364 , up 21.1 % from
Prices
350
$ 227,460 in August of 2015 and down 4.4 % from $ 288,182 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median
. The Sales
Average
Price Sales in August
Price was in August
$ 275,364 was
, up $ 21.1 332,881
% from , up
330
350
$ 227,460 in August of 2015 and down 4.4 % from $ 288,182 last
23.8 % from $ 268,819 in August of 2015 and up 5.3 % from
310 month . The Average Sales Price in August was $ 332,881 , up
330
$ 316,153 last month . August 2016 ASP was at the highest level
290
23.8 % from $ 268,819 in August of 2015 and up 5.3 % from
310 compared to August of 2015 and 2014 .
270
$ 316,153 last month . August 2016 ASP was at the highest level
290 compared to August of 2015 and 2014 .
270
250
250
230
230
210
210
190
190
170
170
150
150
S
O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A
S
O13N D
J
F
14 M A M J
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A
13
14
15
16
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of August
The was Total 384 , Inventory down 7.9 of % Properties from 417 last available month for and sale down as of 18.1 August % from
700 was 384 , down 7.9 % from 417 last month and down 18.1 % from
700
469 in August of last year . August 2016 Inventory was at its
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
469 lowest in August level compared of last year with . August August 2016 of Inventory 2015 and was 2014 at . its
600
500
10.0 lowest level compared with August of 2015 and 2014 .
500
400
8.0
400
300
6.0
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
200
4.0 higher MSI is better for buyers . The August 2016 MSI of 3.6
200 higher MSI is better for buyers . The August 2016 MSI of 3.6 months was at its lowest level compared with August of 2015
100
2.0 months was at its lowest level compared with August of 2015
100 and 2014 .
0 and 2014 .
0
0.0
S
O
S N
O D
N J
D
F M
J
A
F M A J
M
J A
J
S
J O
A
N
S D
O J
N
F
D M
J A
F M
M J
A
J
M A
J S
J O
A N D
S O J
N
F M
D
A
J
M
F
J
M
J
A
A
M J
J A
13
13
14
14
15
15
16
16
12.0
10.0
8.0
6.0
4.0
2.0
0.0
65 68 54 56 44 63 57 71 64 79 75 77 75 88 67 52 48 48 77 65 79 100 107 89 112 76 46 81 46 38 73 98 101 137 115 108
540
65 68
Agent Name
54
Title Phone Website Other

Community Information | School District

56 44 63 57 71 64
524
508 540
488 524
498 508
500 488
500 498
528 500
526 500
551 528
526 586
79 75 77 75 88 67 52 48 48 77 65
579 551
540 586 524 579
496 540
464 524
467 496
469 464 498 467 518 469 509 517
498 498
518
469 509
449 517
416 498
387 469
364 449
383 416
381 387
379 364
394 383
390 381
397 379 417
394 384 390
79 100 107 89 112 76 46 81 46 38 73 98
397 101 417
137
384 115 108
20 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Charlotte Regional REALTOR Association , Triad MLS , Inc . and may not reflect all relevant real estate activity . Coldwell Banker Residential Brokerage does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .