CAR ARCHIVED December 2016 | Page 20

Lincoln Community Information | School District

Lincoln Community Information | School District

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
$ 1,224,500
-2%
-18%
Average List Price of all Current Listings
$ 1,553,400
-3%
-10%
December Median Sales Price
$ 1,275,000
5 %
6 %
$ 1,251,500
4 %
4 %
December Average Sales Price
$ 1,275,000
5 %
2 %
$ 1,519,814
22 %
22 %
Total Properties Currently for Sale ( Inventory )
10
-9%
-38%
December Number of Properties Sold
1
8
-20%
December Average Days on Market ( Solds )
238
75 %
56 %
133
-13%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 0
0 %
-100%
0 %
-100%
$ 275
-1%
0 %
December Sold Price per Square Foot
$ 231
-7%
0 %
$ 268
17 %
17 %
December Month ' s Supply of Inventory
10.0
0 %
33 %
0 %
-6%
8.2
-23%
-23%
December Sale Price vs List Price Ratio
85.0 %
-4.1%
-1.9%
93.4 %
8 %
8 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales December Property sales were 1 , up from 0 in December of 2015 and higher than the 0 sales last month . December 2016 sales were at their highest level compared to December of 2015 and 2014 . December YTD sales of 8 are running 20.0 % behind last year ' s year-to-date sales of 10 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2 1 1
Prices The Median Sales Price in December was $ 1,275,000 , up from $ 0 in December of 2015 and up from $ 0 last month . The Average Sales Price in December was $ 1,275,000 , up from $ 0 in December of 2015 and up from $ 0 last month . December 2016 ASP was at the lowest level compared to December of 2015 and 2014 .
0 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 O N D
-1 14 15
16 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
2,000 1,800 1,600
0 1 2 1 0 1 0 2 0 0 2 1 0 0 0 2 2 0 0 2 1 3 0 0 0 0 0 0 0 0 0 3 1 3 0 1
1,400 1,200 1,000
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 O N D
14
15
16
Inventory & MSI The Total Inventory of Properties available for sale as of December was 10 , down 9.1 % from 11 last month and down 37.5 % from 16 in December of last year . December 2016 Inventory was at its lowest level compared with December of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2016 MSI of 10.0 months was at its lowest level compared with December of 2015 and 2014 .
25 20 15 10 5 0
25 20 15 10 5
10 11
16
13 11
10
13 15 16
Total Inventory & Month ' s Supply of Inventory ( MSI )
17 15 16 17 16 17
17 17 17 17 17 16 16
16 16 16 16 20 20
16
16 22 20 22 20
21
22 22
18
18
16 16 16
0
0.0 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 O N D
J F M A 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 O N D 14
15 16
14 15
16
21
18
18
16
17 16 16
16
12 17 16
16 16 17 12
16 15
16 14
17 13
15
15 14 11
13 10
15
20.0
15.0
10.0
11
5.0
10
20.0
15.0
10.0
5.0
0.0
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