We're in for a Record-Setting 2016

Greater Lincoln Real Estate Podcast with Jeff Searcy

Today we're talking about the market here in Lincoln, because I think up to this point in 2016, there's a bit of a misconception. Yes - it has been a stellar year as we've been predicting, but it's an interesting year at the same time.

It's not a record year - yet.

For example, up until the end August of 2015, there were 3,651 homes sold in Lincoln. During that same time frame in 2016, 3,235 homes have sold. Does that mean we are having a banner year? Or should we be asking what is the matter?

The next four months will be record-setting in real estate.

No, it means that the end of this year - the next four months of 2016 - are going to be record-setting months in the Lincoln real estate market. You may as well participate! It's still interesting that the average time it's taking to sell a home in Lincoln (depending on pricing) has hovered in that two-month range. As you move up in price point, that kind of grows, and that's the norm.

Well, we have seen everything but the norm when it comes to 2016 real estate, so get ready for the next four months.

If you're thinking about participating in this record-setting market in 2016, call me or send me an email. I'd love to help you prepare in any way that I can.