June 2014: Omaha Real Estate Snapshot

There are many great Omaha area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at 402-957-1116 for a FREE home buying or selling consultation to answer any of your real estate questions. 

Today I will be updating you on the market trends we saw in the month of June. We want to ensure you know what's happening in the Omaha area so you can make sound real estate decisions. Things are looking pretty good:

• The average days on market has decreased by 5 days. 
• The total amount of closed units was 1,273.
• Right now, if no homes get listed on the market, we have 2.9 months of inventory. This makes it a seller's market, which we haven't seen in Omaha for 10 years! This is great news for both sellers and buyers.
• The list-to-sale price is holding strong at 98% - which means a buyer can expect to pay about 2% under the listing price and have the seller cover all closing costs if negotiated properly.
• Finally, we're still seeing strong interest rates, which are between 4.25%-4.5% if you have good credit.

As you can see, now is an exciting time to buy or sell in the Omaha area. For any questions you may have on conditions specific to your area of town, don't hesitate to contact my team. If you have any issues or concerns, I'd be happy to help you out personally.

Give me a call at 402-957-1116 or shoot me an email at  Info@OmahasElite.com. And don't forget to keep an eye out for the return of our "Around Omaha" series, in which we'll be exploring Jazz on the Green at Turner Park!