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Lincolnshire Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Lincolnshire home sales for the month of February decreased in volume by 28.6% when compared to last year, while the median sale price rose by 58.4% from $322,000 to $510,000. The number of Single Family homes sales rose by 66.7%, while the median sale price rose by 4.5% from $488,000 to $510,000.

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Median Sale Prices for Lincolnshire

490k
379k
397k
322k
380k
413k
330k
620k
487k
487k
438k
510k
540k
377k
505k
510k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Lincolnshire

5
6
4
7
7
9
12
13
18
9
13
15
7
13
6
5
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Lincolnshire

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 7 5 -28.6% 11 11 0%
(Single Family) 3 5 +66.7% 6 9 +50%
(Condos/Townhomes) 4 0 - 5 2 -60%
Median Sale Price $322,000 $510,000 +58.4% $366,500 $510,000 +39.2%
(Single Family) $488,000 $510,000 +4.5% $457,750 $510,000 +11.4%
(Condos/Townhomes) $311,000 $0 - $300,000 $350,000 +16.7%
Days on Market 92 54 -41.3% 78 49 -37.2%
(Single Family) 92 54 -41.3% 85 49 -42.4%
(Condos/Townhomes) 63 0 - 18 176 +875%

HomesByMarco sold over 300 homes last year

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Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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