March 08 Papillion/Sarpy Real Estate Report

Real Estate Agent with Nebraska Realty -

Thank you for checking out my March Real Estate market report for the Sarpy County area, including Papillion, La Vista, Bellevue, Springfield, Gretna and West Sarpy.

Active Listings, as of April 8, 2008 and Sold Data from March 1, 2008 to March 31, 2008.  Months supply is the number of active listings divided by the number of sold listings for the month.

The March real estate market improved slightly from February.  Sarpy county months supply dropped as well from 9.9 to 7.63.  Douglas county months supply dropped slightly from 9.95 to 8.17.  Total number of sales for both Douglas and Sarpy counties increased from 477 to 607 homes or up 27.25%.   With the warmer weather, more buyers are getting out and looking at homes. 

One thing about the Midwest/Omaha area is our economy is pretty stable versus other larger metropolitan areas.  I continue to believe there are a couple of wild cards for this year how the recent changes in the mortgage market and the threat of $4 gas will have on home buyers?  If you're considering selling a home, I would appreciate the opportunity to market your home.  If you are considering buying a home, be sure to check out my website and search the Omaha MLS for homes and when you are ready I would be happy to help purchase your new home.

Thanks for viewing my home market report and check out my website at  Also, if your interested in a foreclosure or bank owned home, send me an email and I will set you up on a special email notification as they come on the market.

March Data Active as of 4-8-2008, Sold from 3-1-2008 to 3-31-2008

Sarpy County
Active listings 1,099
Sold listings 144
Months supply = 7.63
Papillion (Area 263)
Active listings 255
Sold listings 31
Months supply = 8.23

La Vista (Area 264)
Active listings 98
Sold listings 15
Months supply = 6.53

Bellevue (Areas 260, 261, 262)
Active listings 415
Sold listings 54
Months supply = 7.69

West Sarpy County (Areas 260-267)
(Gretna, Springfield)
Active listings 339
Sold listings 44
Months supply = 7.7

Thanks for viewing my home market report.  Search all Omaha MLS listed homes at When you visit my website, be sure to sign up for my Omaha Home Finder service.

Also, if you are interested in a foreclosure or bank-owned home, send me an email and I will set you up on a special email notification to alert you as these homes come on the market.

Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service; OABR deems information reliable but not guaranteed.  Prepared by Steve Lauver-REALTOR


Best regards,
Steve Lauver

DEEB Realty - The Better Choice

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Steve Lauver

Omaha Realty -- 402-689-7550
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