Lincoln Community Information | School District
Lincoln Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for January was 106 , down 55.5 % from 238 days last month and up from 0 days in January of last year . The January 2017 DOM was at its lowest level compared with January of 2016 and 2015 .
300
250
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50
Days On Market for Sold Properties
3 Mo Avg
106
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The January 2017 Selling Price per Square Foot of $ 231 was up 0.0 % from $ 231 last month and up from 0 in January of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The January 2017 Selling Price vs Original List Price of 85.4 % was up from 85.0 % last month and up from 0.0 % in January of last year .
0
290 270 250 230 210 190 170 150
120 % 100 % 80 % 60 %
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Selling Price per Square Foot
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
3 Mo Avg
231
85.4 %
40 % 20 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in January 2017 was 3 , up from 0 last month and up 50.0 % from 2 in January of last year .
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0 %
11
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13 16 15 17 16 17 17 17 16 16
Inventory / New Listings / Sales
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16 20 20 22 22 21
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16 16 16 17 16
12 16 16 17
15 14 13
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11 10
12
5
0
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c o l d w e l l b a n k e r h o m e s . c o m | 21