Lincoln
Market Insights
- Lincoln actually experienced growth in number of sales on a percentage basis comparing Q2 in 2019 versus 2020 (23.1% increase, from 13 to 16 sales). Offering a lower price per square foot to potential buyers than Wellesley, Weston, or Concord, Lincoln is an appealing option for first time homebuyers looking to take advantage of the strong public school system without paying a premium to be closer to Boston.
- Last year in Q2, Lincoln had one sale of $3,000,000 and one above $2M ($2,200,000). In Q2 2020, there were no sales over $3M or $2M (max sale price was $1,955,000 for 42 Silver Hill Road)
- Despite the softening of the top end of the market in Lincoln, overall average sales price from Q2 2019 to Q2 2020 rose by 2.9%.
