Market Analysis

Found 15 blog entries about Market Analysis.

Have you ever wondered how much luxury homes are selling for in Omaha?  Here is a look at the most expensive homes sold in Omaha during the first six months of 2011.

#5
13516 Paul Cir
Omaha, NE
Sale Price: $1.38 Million

13516-paul-cir_400 

Stats:
Square Feet: 8800
Year Built: 2008
Bedrooms: 3
Bathrooms: 8

 

#4
24344 Leavenworth Cir
Waterloo, NE
Sale Price: $1.455 Million

24344-leavenworth-cir_400 

Stats:
Square Feet: 6046
Year Built: 2008
Bedrooms: 5
Bath: 6

 

#3
1601 S. 187 Cir
Omaha, NE
Sale Price: $1.5 Million

1601-s-187-cir_400 

Stats:
Square Feet: 12083
Year Built: 1999
Bedrooms: 5
Bath: 8

#2
524 N. 65th St
Omaha, NE
Sale Price: $1.5 Million

524-n-65_400 

Stats:
Square Feet: 5698
Year Built: 1936
Bedrooms: 5
Bath: 5

 

#1
22814 Hascall

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Another day, another recognition for Omaha.

Yesterday, Forbes ranked Omaha #1 as "America's Most Affordable Cities".

Key factors were "home affordability and making ends meet".

Add this to some other recognitions Omaha has gotten in the past few weeks and you're left with only one conclusion.  Omaha is a great place to live.

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2604_s._87_ave._400Historically, District 66 / Westside has always been a great place to live! From some of the top rated schools in the state that consistently boast higher than average test scores, to the large, mature and centrally located neighborhoods.  District 66 is where you want to be!

District 66 homes have always held its resale well.  We are in a buyers market, but some neighborhoods in the Millard, Elkhorn, and Omaha Public School neighborhoods have experienced double digit depreciation in the last 2 years.  Homes in the Westside area haven't slid nearly as much. Our relocation statistics show that over the past 12 months depreciation city wide been 5-12%.  Westside home sales have hovered closer to that lower number. With national industry analysts

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Omaha has been getting some national attention the past two weeks.

Last week, Trulia.com recognized Omaha as a housing hot spot.  Due to a healthy economy and job market, it pointed to Omaha as one of ten real estate markets that will thrive next year.

And just this week, Omaha was ranked #2 in MarketWatch’s annual ranking of America’s best cities for business.  A diverse economy and strong job market was also an important factor in this ranking.

If you are thinking of starting a business, buying a home, or relocating, Omaha is the place to be.

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West Omaha enjoyed exceptional sales activity through October. Sales did slow during November and December however. 1,441 transactions took place in 2009. Those 1,441 transactions are UP from 2008 sales (1,133) by 27%.

ma-feb10-small_600 

Sales in November and December fell to 47 units in each month. The decline in sales activity tends to be typical for this time of the year as the market winds down during the fall as we approach the Holiday Season. In one sense the decline is healthy as it means that people focused on the Holiday Season, which seemed to bolster retail activity. Activity in dining establishments seemed to be strong as well. Both events have been interpreted as positive signals by this appraiser.

Another reason for this decline is attributed to the

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