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Sunday, August 24, 2014

Market Snapshot for July 2014


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.

A quick update on the Omaha real estate market for you. We have a pretty balanced market as we reach the end of summer, meaning it's still a good time to buy or sell a home in the metro area.

Here are the numbers from July:
Average days on market: 36 days, down about 7 days since June.
  • Closed Homes: 1,196. 
  • Inventory: 3.2 months, at 3,788 units.
  • List-to-sale ratio: 98%
  • Interest rates: 4.125%-4.5%
As you can see, the market in Omaha is looking pretty good. Sellers are getting just about everything they're asking for, and buyers can expect to have their closing costs covered if the deal is negotiated properly.

If you are interested in buying or selling a home in this great market, don't hesitate to give us a call or shoot us an email. We'd love to be your Omaha real estate resource!