Omaha continues to be a seller's market, but there is one small change in the data to pay attention to.
If you are a homeowner, you are seeing a lot of appreciation in your home. For 2020, home prices appreciated 8.3%. In 2019, home prices went up 5% compared to 2018.
One interesting change in the data is the 9.5% increase in new listings compared to December of last year. Omaha has an inventory problem so if more homes hit the market, that's a good thing.
December 2020 Omaha Area Real Estate Statistics
Average Sold Price: $267,219 (Up 8.3% from December 2019)
Homes Sold: 1,191 (Up 13.1% from December 2019)
New Listings: 930 (Up 9.5% from December 2019)
Pending Listings: 842 (Up 17.1% from December 2019)
Days on the Market: 16 Days (Down 40.7% from December 2019)
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
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