Douglas County Stats March 2017 #Omaha

Omaha, NE real estate market update for March 2017.  Updates on the continued Seller’s market and Omaha, NE homes for sale

Steve Lauver, Nebraska Realty, Omaharealtypros.com

Omaha, NE Real Estate Update March 2017

There were 725 sold (closed) homes in Omaha, NE Douglas county for the month of March 2017, up 37% from January 2017. Comparing last month sale rate 725 to the current 1,172 active listings for in Omaha, NE- Douglas county, the area has 1.62 months’ inventory on the market.  This rate indicates a seller’s market in Omaha, NE- Douglas county.  The avg. list price for March 2017 is $203,078 and average sold price is $200,579 for a sale to list price ratio of 98.77%.

Active Listings

1172

 

Average list price sold

 $    203,078

Pending Sales

1667

 

Average sold price

 $    200,579

Closed Sales

725

 

Sale Price/List Price Ratio

98.77%

Avg DOM Sold

22

 

Absorption Rate

1.62

 

From January 2017 to March 2017 there was a big increase in Pending sales up 63% for Douglas county.  This indicates the market for homes in very strong and the lack of inventory continues to be a Sellers Market

Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service 4/11/2017; OABR deems information reliable but not guaranteed.  Prepared by Steve Lauver—REALTOR Data does not include any private home sales

Douglas County homes

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