Home Prices in Lincoln, CA 95648 for January 2014
Real estate market data for Lincoln, CA 95648 provided by David Vandermyden of Pacific Coast Group, KellerWilliams
Lincoln Home Prices
We have seen 12 straight months of listing price increases on home prices in Lincoln and don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on a house in Lincoln but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Lincoln home on which you are making an offer.
If you are interested in how much current inventory is on the market in Lincoln you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of Lincoln, homes have a median time of 54 days on the market before they sell. This would suggest that buyers are in a great position to make an aggressive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Lincoln has multiple offers coming in on homes similar to what we saw back in 2005. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
Lincoln Real Estate Report Summary
The median list price in December for single family homes in Lincoln is $367,000.
The list prices increased by 4.2% from the previous month.
The price per square foot for listings in this area is $172.
The median sale price in December for single family homes was $362,000.
The sale prices increased by 24.1% from December 2012.
The average price for sale in this area is $451,000.
Find Homes for Sale in Lincoln, CA 95765
Visit my website to search for homes in Lincoln or to be notified when Roseville homes come on the market.
To find out what your home is worth in the current market email me or call 916-787-1200.
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