Over the past several years, I have compiled and tracked active and sold listings on the Omaha MLS. Here are a couple of interesting statistics I wanted to point out. Active listings continue to be down by 15% to 20% for 2009. Sold listings are up 15% from August 08 485 homes, to August 2009 total of 559.
The decrease in active listings has helped stabilize home prices, but pricing continues to be under pressure. The jump in number of home sales can be contributed to a couple of reasons. First, I think the first time home buyer tax credit of $8,000 is a major reason. Second, low interest rates have helped the move up buyer, to either downsize or upsize from their existing home.
Thanks for viewing my home market report and check out my website at http://www.omahareatypro.com/. If you're considering selling a home, I would appreciate the opportunity to market your home. If you are considering buying a home, be sure to check out my website and search the Omaha MLS for homes and when you are ready I would be happy to help purchase your new home.
Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service 9/10/09; OABR deems information reliable but not guaranteed. Prepared by Steve Lauver-REALTOR Data does not include any private home sales