What's My Lincoln California Home Worth? Market Report for November 2015
- Properties currently Active on the market: 183
- Single-family properties closed in October: 102
- Average increase in sale price the last 12 months: 14.3%
- Average sales price: $408,000
- Average list price: $536,000
- Average sales price to list price ratio: 97%
- Average days on the market: 38
- Active listings under contract: 112
- Lincoln California Inventory: 1.8 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months)
Lincoln California is in a normal market right now although the inventory is low and decreasing as we head into the winter season which is typically our slow time of the year. While the list price compared to the sales price ratio is high, the average days on the market is steady which suggest that buyers are willing to submit offers even though many homes may be overpriced. Activity at this time is well ahead of where it was the same time one year ago and days on market is down. Buyer activity is strong and we see multiple offers on many listing that are priced correctly. Low interest rates and rising rental rates are making home ownership in Lincoln more affordable.
Wondering what your Lincoln California home is worth? Just click this link or type your address into the photo below and you will receive your home valuation instantly. This is only an estimate. For an accurate value I will need to view the home in person so that a I can complete a free no obligation detailed analysis of your home's value.
With quick access to I80, Downtown Sacramento, the Bay Area, mountains, dining, and the Roseville Galleria, buyers flock to Lincoln. That coupled with nice homes at affordable prices make Lincoln California even more desirable. For buyers interested in single level homes priced below $300,000, Lincoln offers some very nice options. For buyers looking for larger homes there are many options priced between $400,000 and $2,000,000.
While the housing market is steady right now, buyers have become more particular than ever. Making updates such as adding granite counter tops and stainless steel appliances can really set your Lincoln home apart which in turn increases what your home is worth.
With 92% of buyers beginning their home search on the internet, sellers need their homes to have the best coverage possible on-line. This goes way beyond just syndicating listings to other websites.
The homes that have the best coverage on the internet are the ones who get the most traffic and as a result multiple offers. Sellers want to make sure the photographs are professionally done showcasing the many features of their homes. Additionally, you want your home to stand out from the others in your neighborhood with a single-property website. Just click the link to be taken to one example of the ways I market your home.
One of the best ways to bring attention to your Lincoln California home is to have an agent who is using the newest technology to get the word out about your home. This includes the use of social media and blogging. Something not many listing agents in the Lincoln housing market are doing.
Check out the Lincoln homes for sale webpage on our site. It's easy to see why our website gets thousands of clicks each month. This provides your listing with exposure to home buyers all over the country.
When you are ready to sell your Lincoln home, contact Jesse Coffey at (916) 872-7775.