The Lincoln Market Report was prepared by Leilani Souza.
What is the real estate market like in Lincoln, California? According to market data from February 2019, Lincoln has 1.3 months of inventory. This means that it is a Seller's Market in Lincoln, CA. Last month, there were:
- 97 homes for sale in Lincoln, CA
- 74 homes sold in Lincoln, CA
- 103 homes pending in Lincoln, CA
The number of properties for sale divided by the number of properties sold equals the months of inventory. It is a Neutral Market when there are 3-6 months worth of inventory. A Buyer’s Market is when the current inventory exceeds 6 months. When there is less than 3 months of inventory, it is a Seller’s Market.
Read the full blog post, complete with charts, home prices and more:
http://souzarealty.com/2019/03/07/lincoln-market-report-february-2019/
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