Thank you for checking out my November Real Estate market report for Sarpy County area, including Papillion, La Vista, Bellevue, Springfield Gretna and West Sarpy in Omaha, NE.
Active Listings, as of December 5, 2007 and Sold Data from November 1, 2007 to November 30, 2007. Months supply is the number of active listings divided by the number of sold listings.
Christmas is just around the corner and it seems like the market has slowed down a lot over the past few weeks. I think the main reason is the time of year. Many home buyers are waiting until after the holidays to decide on buying a home. If your selling a home, that can mean limited to no showing activity recently. However, the buyers that are actually out looking at homes are motivated buyers and most likely will buy something soon. The December slow down is a great time to buy a homes at a reasonable price, before more buyers jump in after the first of the year.
Thanks for viewing my home market report and check out my website at OmahaRealtyPro.com. Also, if your interested in a foreclosure or bank owned home, send me an email and I will set you up on a special email notification as they come on the market.
November Data Active as of 12-5-2007, Sold from 11-1-2007 to 11-30-2007
Papillion (263)
Active listings 240
Sold listings 32
Months supply = 7.53
La Vista (264)
Active listings 104
Sold listings 10
Months supply = 10.40
Bellevue (260, 261, 262)
Active listings 464
Sold listings 47
Months supply = 9.87
West Sarpy County (260-267)
(Gretna, Springfield)
Active listings 399
Sold listings 45
Months supply = 8.86
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Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service; OABR deems information reliable but not guaranteed. Prepared by Steve Lauver-REALTOR
Best regards,