Sales have been up in Lincoln in recent months, with a large number of foreclosures selling (though fewer than I would have predicted).  In August, 85 homes sold in Lincoln, up 54.5% from last August’s volume of 55 homes.

Being further out than Roseville, Granite Bay, and the like, Lincoln is one of Placer County’s bargain addresses.  The average sold price per square foot was $146.35 in August, down 32% from last August’s average of $215.16.  (Compare Placer County as a whole, with an average of $171.42 per square foot in August, down 25.8% from last year).

At $307,000, the median home selling price in Lincoln Lincoln is down 24.2% from last year’s median of $405,000.  The average price of a home in Lincoln in August was $327,935, down 29.5% from last year’s average selling price of $464,970.

With 50.6% of sales in August being bank foreclosures, Lincoln’s foreclosure sales have outpaced the Placer County average of 43%.