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Douglas county market report Oct 08

By
Real Estate Agent with Nebraska Realty - NE RE# 20030540

Omaha Real Estate Market Update

Thank you for checking out my September Real Estate market report for Omaha NE including Downtown Omaha Condos, Midtown - Dundee, UNMC, North Omaha - Benson, Northwest Omaha, West Omaha Homes, Elkhorn, Ralston and Millard homes that are for sale on the Omaha MLS. .

Active Listings, as of November 6, 2008 and Sold Data from October 1, 2008 to October 31, 2008.  Months supply is the number of active listings divided by the number of sold listings for the month.

Douglas County had 446 attached and detached homes sold in October 2008 compared with 510 in 2007, which is down 13%. As of November 6, 2008, there were 3,613 active homes for sale, which is 8.1 months supply of homes. 

Active as of November 6, 2008, Solds 10-1-08 to 10-31-08

Douglas County
Active listings 3,613
Sold listings 446
Months supply = 8.1
% change from same month 2007 = down 13%

Downtown (230,240)
Active listings 335
Sold listings 11
Months supply = 30.45
% change from same month 2007 = down 56%

Midtown (231,241)
Active listings 603
Sold listings 76
Months supply = 7.93
% change from same month 2007 = up 9%

District 66 (232, 242)
Active listings 199
Sold listings 23
Months supply = 8.65
% change from same month 2007 = down 12%

North Omaha (210, 220-223)
Active listings 617
Sold listings 58
Months supply = 10.64
% change from same month 2007 =down 34%

Northwest Omaha (211, 224, 225, 233, 234)
Active listings 666
Sold listings 93
Months supply = 7.16
% change from same month 2007 = down 21%

West Omaha (245, 246)
Active listings 196
Sold listings 21
Months supply = 9.33
% change from same month 2007 = up 5%

Southwest Omaha (243, 244, 253, 254)
Active listings 581
Sold listings 99
Months supply = 5.87
% change from same month 2007 = up 2%

Elkhorn, Waterloo (212, 213)
Active listings 162
Sold listings 20
Months supply = 8.10
% change from same month 2007 = no change

Ralston (252)
Active listings 63
Sold listings 9
Months supply = 7.00
% change from same month 2007 =down 55%

Southeast Omaha (250, 251)
Active listings 182
Sold listings 33
Months supply = 5.52
% change from same month 2007 =up 38%

Thanks for viewing my home market report and check out my website at www.OmahaReatyPro.com.  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.

Search all Omaha Homes at www.OmahaRealtyPro.com  When you are there, sign up for my Omaha Home Finder service.

 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