Mortgage interest rates ticked a bit higher in February, but remain below their February 2020 levels. That is according to February 2021 data released by the Great Plains Regional MLS.
The Bottom line:
A new month of data but the same story. Inventory is really low and homes are selling fast.
Let’s take a look at some of the numbers from February 2021:
February 2021 Omaha Area Real Estate Statistics
Average Sold Price: $232,019 (Up 18.9% from February 2020)
Homes Sold: 731 (Down 12.2% from February 2020)
New Listings: 1,059 (Down 25.5% from February 2020)
Pending Listings: 1,051 (Down 6.7% from February 2020)
Days on the Market: 20 Days (Down 33.3% from February 2020)
All data from Great Plains Regional MLS. Report © 2021 ShowingTime.
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
