CAR ARCHIVED January 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
$ 1,499,000
22 %
-0%
Average List Price of all Current Listings
$ 1,790,917
15 %
5 %
January Median Sales Price
$ 1,025,000
-20% -16%
-17%
$ 1,025,000
-16%
-17%
January Average Sales Price
$ 1,025,000
-20% -14%
-30%
$ 1,025,000
0 %
-30%
Total Properties Currently for Sale ( Inventory )
12
20 %
-29%
January Number of Properties Sold
1
0 %
1
0 %
January Average Days on Market ( Solds )
106 -55% -3%
-18%
106
0 %
-18%
Asking Price per Square Foot ( based on New Listings )
$ 497
0 %
46 %
97 %
67 %
$ 497
97 %
67 %
January Sold Price per Square Foot
$ 231
0 %
-11%
-13%
$ 231
0 %
-13%
January Month ' s Supply of Inventory
12.0
20 %
9 %
0 %
47 %
12.0
0 %
47 %
January Sale Price vs List Price Ratio
85.4 %
. 5 % -4.6%
-7.6%
85.4 %
0 %
-8%
* 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 January Property sales were 1 , up from 0 in January of 2016 and the same as the 1 sales last month . January 2017 sales were at their highest level compared to January of 2016 and 2015 . January YTD sales of 1 are running ahead of last year ' s year-todate sales of 0 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2
1
1
Prices The Median Sales Price in January was $ 1,025,000 , up from $ 0 in January of 2016 and down 19.6 % from $ 1,275,000 last month . The Average Sales Price in January was $ 1,025,000 , up from $ 0 in January of 2016 and down 19.6 % from $ 1,275,000 last month . January 2017 ASP was at the highest level compared to January of 2016 and 2015 .
0 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
-1 14 15
16
17 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
2,000 1,800 1,600
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
1,400 1,200 1,000
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
14
15
16
17
Inventory & MSI The Total Inventory of Properties available for sale as of January was 12 , up 20.0 % from 10 last month and down 29.4 % from 17 in January of last year . January 2017 Inventory was at its lowest level compared with January of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The January 2017 MSI of 12.0 months was at its highest level compared with January of 2016 and 2015 .
25 20 15 10 5 0
25
20
15
10
11
5
13 11
16
15 13
16
17 15
Total Inventory & Month ' s Supply of Inventory ( MSI )
16
17
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
16 16 16
17
16
12
16 16
17
12 15 14
0
0.0 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 14 A 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
17 14
15 16
17
18
18
16
16
16
17
16
16
16
17
13
15
15
14
11
13
10
15
12
11
20.0
15.0
10.0
10
5.0
12
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