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Omaha Real Estate Market – October, 2008

By
Real Estate Agent with Keller Williams Greater Omaha 20041001

It's the first of November which means that October is history. So let's look at the historical data that October gave us on Omaha homes sales and the number of Omaha homes for sale.

Here is the data.

Total Number For Sale

5875

Total Number of Accepted Offers

485

Total Number of Closed Sales

817

 

 

% of sellers that accepted an offer

8.26%

Absorption rate in months

12.11

 

 

The number of Omaha homes for sale dropped by 203 from the first of September to the first of October.  The number of sales of Omaha homes also dropped, but by only 45. There is a 12.11 month supply of homes for sale. Quite an increase from last month's numbers when there was an 8.6 month supply of homes in Omaha. Check out last month's numbers at

* These numbers encompass all residential listings in the Omaha Area Board of Realtors Great Plains Multiple Listing Service.

 

Trumm Team - Omaha, NE

Omaha Homes For Sale