Papillion NE Real Estate Market Stats – March 2017 #Papillion

Papillion, NE real estate market update for March 2017.  Update on the Seller’s market and Papillion, NE homes for sale

Steve Lauver, Nebraska Realty, Omaharealtypros.com

Papillion NE Real Estate Update for March 2017

There were 52 sold (closed) homes in Papillion, NE for the month of March 2017. Comparing last month sale rate 52 to the current 122 active listings in Papillion, NE. Giving Papillion a 2.35x months’ inventory on the market. This rate indicates a seller’s market in Papillion, NE.  The avg. list price for March 2017 is $297,985 and average sold price is $298,623 for a sale to list price ratio of 100.21% and average DOM is 33.

Active Listings

122

 

Average list price

 $    297,985

Pending Sales

162

 

Average sold price

 $    298,623

Closed Sales

52

 

Sale Price/List Price Ratio

100.21%

Avg DOM Sold

33

 

Absorption Rate

2.35

 

Papillion has an increase in number of listings and a higher list to sold price in part by the number of new construction homes on the 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

Sarpy County

Steve Lauver | Nebraska Realty gives Papillion, NE home sellers powerful representation and the lowest average days on market.  Steve Lauver looks out for Papillion, NE home buyer’s best interest throughout the home buying process, from finding homes that will fit your needs, negotiating the best terms, and insure closing your new home is on time. Learn how I will assist you in selling a Papillion Home or buying a Papillion home.

Papillion, NE Real Estate Information

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