Douglas County Real Estate Market Update
Thank you for checking out my November Real Estate market report for Omaha NE including Downtown Omaha Condos, Midtown - Dundee, UNMC, North Omaha - Benson, Northwest Omaha, West Omaha Homes, Elkhorn, Ralston and Millard homes that are for sale on the Omaha MLS. .
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 http://www.omahareatypro.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
Downtown (230,240)
Active listings 397
Sold listings 16
Months supply = 24.81
Midtown (231,241)
Active listings 436
Sold listings 65
Months supply = 6.70
District 66 (232, 242)
Active listings 170
Sold listings 20
Months supply = 8.50
North Omaha (210, 220-223)
Active listings 619
Sold listings 64
Months supply = 9.67
Northwest Omaha (211, 224, 225, 233, 234)
Active listings 796
Sold listings 94
Months supply = 8.46
West Omaha (245, 246)
Active listings 196
Sold listings 19
Months supply = 10.31
Southwest Omaha (243, 244, 253, 254)
Active listings 728
Sold listings 80
Months supply = 9.10
Elkhorn, Waterloo (212, 213)
Active listings 137
Sold listings 21
Months supply = 6.52
Ralston (252)
Active listings 77
Sold listings 13
Months supply = 5.92
Southeast Omaha (250, 251)
Active listings 201
Sold listings 26
Months supply = 7.73
Search all Omaha Homes at http://www.omaharealtypro.com/ When you are there, sign up for my Omaha Home Finder service.
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