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March 08 Omaha Real Estate Report

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

Thank you for checking out my March 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 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.  Douglas county months supply dropped slightly from 9.95 to 8.17.  Sarpy county months supply dropped as well from 9.9 to 7.63.  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 http://www.omahareatypro.com/.  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

Douglas County
Active listings 3,784
Sold listings 463
Months supply = 8.17

Downtown (230,240)
Active listings 376
Sold listings 20
Months supply = 18.80

Midtown (231,241)
Active listings 433
Sold listings 68
Months supply = 6.37

District 66 (232, 242)
Active listings 182
Sold listings 20
Months supply = 9.10

North Omaha (210, 220-223)
Active listings 640
Sold listings 80
Months supply = 8.00

Northwest Omaha (211, 224, 225, 233, 234)
Active listings 798
Sold listings 92
Months supply = 8.67

West Omaha (245, 246)
Active listings 192
Sold listings 15
Months supply = 12.80

Southwest Omaha (243, 244, 253, 254)
Active listings 693
Sold listings 90
Months supply = 7.70

Elkhorn, Waterloo (212, 213)
Active listings 163
Sold listings 11
Months supply = 14.82

Ralston (252)
Active listings 73
Sold listings 15
Months supply = 4.87

Southeast Omaha (250, 251)
Active listings 234
Sold listings 27
Months supply = 8.67

Search all Omaha Homes at http://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

 

Best regards,
Steve Lauver
REALTOR

DEEB Realty - The Better Choice
tel.:402-689-7550
fax:
stlauver@cox.net
http://www.OmahaRealtyPro.com

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