Omaha area REO (Real Estate Owned) market stats for both Douglas and Sarpy counties for November 2016.  Foreclosure market is very active and competition for new listings is high.

Steve Lauver, Nebraska Realty, Omaharealtypros.com

Omaha area REO (Real Estate Owned) market stats for both Douglas and Sarpy counties for November 2016. 

There were 33 sold (closed) REO homes in both Douglas and Sarpy counties, NE for the month of November 2016. Comparing last month sale rate 33 sold to the current 43 active REO listings for in Douglas and Sarpy counties. The REO market has 1.39 months inventory on the market.  This rate indicates a seller’s market.  The avg. list price is $86,777 and average sold price is $88,983 for a sale to list price ratio of 102.54%.

Active Listings

46

 

Average list price

 $      86,777

Pending Sales

35

 

Average sold price

 $      88,983

Closed Sales

33

 

Sale Price/List Price Ratio

102.54%

Avg DOM Sold

26

 

Absorption Rate

1.39

 

Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service 12/1/2016; OABR deems information reliable but not guaranteed.  Prepared by Steve Lauver—REALTOR Data does not include any private home sales

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