Now that 2011 is behind us, here are some real estate figures for Omaha Real Estate Market. The data was pulled from the Omaha Multiple Listing Service, which includes residential listings only.
In 2011 there were 9,944 sales, compared 9,743 in 2010 an increase of 201 sales. The average sale price dropped slightly from 160,797 to 159,601 or -.75%. I think this is a good sign showing the housing market has stabilized from the lows of 2008. In 2009, the first time home buyer tax credit increased sales in 2009. Sale Prices appears to have stabilized as well, but still down from the highs of 2006. Check out the following break down for previous year MLS sales and average sale prices.
| Total Sales | Avg Sale Price | % Change |
2011 | 9,994 | 159,601 | -0.75% |
2010 | 9,743 | 160,797 | 2.99% |
2009 | 11,031 | 155,990 | -5.26% |
2008 | 9,666 | 164,189 | -3.63% |
2007 | 11,384 | 170,145 | -2.58% |
2006 | 12,055 | 174,528 | 4.18% |
2005 | 12,305 | 167,227 | |
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 1/4/2012; OABR deems information reliable but not guaranteed. Prepared by Steve Lauver-REALTOR Data does not include any private home sales