CAR ARCHIVED February 2017 | 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
$ 1,399,000
-18%
1 %
Average List Price of all Current Listings
$ 1,792,333
-4%
9 %
February Median Sales Price
$ 1,050,000
2 %
0 %
-15%
$ 1,037,500
-1%
-16%
February Average Sales Price
$ 1,050,000
2 %
-6%
-28%
$ 1,037,500
0 %
-29%
Total Properties Currently for Sale ( Inventory )
15
36 %
-6%
February Number of Properties Sold
1
0 %
2
0 %
February Average Days on Market ( Solds )
108
2 %
-28%
-17%
107
0 %
-18%
Asking Price per Square Foot ( based on New Listings )
$ 346
-30% -16% 46 %
15 %
$ 411
66 %
36 %
February Sold Price per Square Foot
$ 289
25 %
16 %
10 %
$ 260
0 %
-2%
February Month ' s Supply of Inventory
15.0
36 %
29 %
0 %
91 %
13.0
0 %
66 %
February Sale Price vs List Price Ratio
91.9 %
7.6 % 5.1 %
-. 6 %
88.6 %
0 %
-4%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales February Property sales were 1 , up from 0 in February of 2016 and the same as the 1 sales last month . February 2017 sales were at their highest level compared to February of 2016 and 2015 . February YTD sales of 2 are running ahead of last year ' s year-to-date sales of 0 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2
1
1
Prices The Median Sales Price in February was $ 1,050,000 , up from $ 0 in February of 2016 and up 2.4 % from $ 1,025,000 last month . The Average Sales Price in February was $ 1,050,000 , up from $ 0 in February of 2016 and up 2.4 % from $ 1,025,000 last month . February 2017 ASP was at the highest level compared to February of 2016 and 2015 .
0 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
-1 14 15
16
17 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
2,000 1,800 1,600
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 1
1,400 1,200 1,000
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
14
15
16
17
Inventory & MSI The Total Inventory of Properties available for sale as of February was 15 , up 36.4 % from 11 last month and down 6.3 % from 16 in February of last year . February 2017 Inventory was at its lowest level compared with February of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The February 2017 MSI of 15.0 months was at its highest level compared with February of 2016 and 2015 .
25 20 15 10 5 0
25
20
15
10
13
5
16
15 13
16
17 15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
16
17
17 17 17
17
17
16
16
16 16 16 16
20 20
16
16
20
20
22 22
22
21
22
18 18
21
18
16 16 16
17
16
12
16 16
17
12 15 14
0
0.0 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
14 M J J A S O N D J F M
15
A M J J A S O N D J F M 16 A M J J A S O N D J F
17 14
15 16
17
18
16
16
16
17
16
16
16
17
13
15
14
14
10
13
9
14
11
15
10
9
20.0
15.0
10.0
11
5.0
15
20.0
15.0
10.0
5.0
0.0
20 | c o l d w e l l b a n k e r h o m e s . c o m