I often get asked, "So how's the Lincoln real estate market since the tax-credit has ended?"
Well the truth of the matter is that we have definitely seen a "hangover" from the tax credit. Now, I don't like to focus on the negative or just spout out negative things but, I do think that simply sharing the facts is okay and can be very helpful.
So each month I'm not only going to give the previous month's real estate statistics for Lincoln, Nebraska, I'll also be giving the previous year's stats for that month. Keep in mind, last year we had the tax credit. So let's compare!
In my last blog post I shared September 2010 real estate stats. Here is a look at September 2009:
# of Homes Sold: 323
Avg. Sale Price: $142,342
Median Sale Price: $128,500
Avg. Days on Market: 60
Being informed is very powerful. My goal is to keep you informed on our local residential real estate market. Remember, if you would like to know the value of your home or if you simply have a real estate question, please don't hesitate to contact me!
It's a good life,
The Korn Team
RE/MAX Real Estate Conepts