Sarpy County Real Estate Market Update
Thank you for checking out my December Real Estate market report for the Sarpy County area, including Papillion, La Vista, Bellevue, Springfield, Gretna and West Sarpy.
As is typical each year, the market slowed in December with a decrease in sales and active lists. Many homebuyers wait until after the holidays to actively look for homes. If you are selling a home, that likely meant limited to no showing activity during the holidays. However, the buyers that were actually out looking at homes are motivated buyers and most likely will buy something soon. The December/January slow down is great time to buy a homes at an often discounted price, before more buyers jump in as the weather starts to warm up. Over the past week, I have seen more showings and many new prospects requesting information. I think serious buyers are ready to start looking for a home to beat the Spring rush.
Active Listings as of January 10, 2008 and Sold Data from December 1, 2007 to December 31, 2007. Months supply is the number of active listings divided by the number of sold listings.
December Data
Papillion (Area 263)
Active listings 240
Sold listings 32
Months supply = 7.53
La Vista (Area 264)
Active listings 104
Sold listings 10
Months supply = 10.40
Bellevue (Areas 260, 261, 262)
Active listings 464
Sold listings 47
Months supply = 9.87
West Sarpy County (Areas 260-267)
(Gretna, Springfield)
Active listings 399
Sold listings 45
Months supply = 8.86
Thanks for viewing my home market report. Search all Omaha MLS listed homes at http://www.omaharealtypro.com/ When you visit my website, be sure to sign up for my Omaha Home Finder service.
Also, if you are interested in a foreclosure or bank-owned home, send me an email and I will set you up on a special email notification to alert you as these homes come on the market.
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