April 2021 - Omaha Area Real Estate Market Statistics
by Ryan Renner
on Wednesday, May 19th, 2021 at 12:54pm.
April was another strong month for home sales. That is according to the April 2021 data released by the Great Plains Regional MLS.
The busy spring market continues to see many multiple offer situations driving sales prices above asking price. With such strong activity, by the time a property sale closes, the market may have already moved higher than that sold price suggests. Such markets can create stress and frustration for prospective homebuyers, who are frequently having to submit offers on multiple properties before they are able to secure a purchase.
The Bottom line:
Housing affordability remains an issue while strong buyer demand and low inventory show no signs of easing soon. And this market trend is pointing to a continuation through spring and into summer.
Let’s take a look at some of the numbers from April 2021:
April 2021 Omaha Area Real Estate Statistics
Average Sold Price: $280,495 (Up 12.8% from April 2020) Homes Sold: 1,123 (Up 6.7% from April 2020) New Listings: 1,854 (Up 23.8% from April 2020) Pending Listings: 1,506 (Up 16.3% from April 2020) Days on the Market: 10 Days (Down 61.5% from April 2020)
This report covers residential real estate activity in the Omaha area, which includes the counties of Dodge, Douglas, Sarpy, Saunders and Washington in Nebraska; the counties of Harrison, Mills and Pottawattamie in Iowa. Sources: Freddie Mac, Great Plains Regional MLS, and ShowingTime