Lincoln NE Real Estate Market Update

By
Real Estate Agent with Nebraska Realty -

One goal of the www.LincolnRealtyPros.comwebsite is to inform Lincoln home buyers and sellers about the Lincoln, NE Real estate market.  Monthly, we will post a blog about the Lincoln real estate market that gives the number of homes for sale, previous months homes sales, months supply and the percentage change from the same month last year in the city of Lincoln.   Thank you taking time to read this blog post and look forward to helping you with all your Lincoln Real Estate needs. 

Active Listings, as of November 19, 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.

Lincoln had 207 attached and detached homes sold in October 2008 compared with 256 in 2007, which is down 19%. As of November 19, 2008, there were 1,786 active homes for sale, which is 8.62 months supply of homes. 

Active as of November 19, 2008, Solds 10-1-08 to 10-31-08

Lincoln, NE
Active listings 1,786
Sold listings 207
Months supply = 8.62
% change from same month 2007 = down 19%

Northwest Lincoln (Areas 11-16)
Active listings 412
Sold listings 43
Months supply = 9.58
% change from same month 2007 = down 19%

Northeast Lincoln (Areas 21-24)
Active listings 309
Sold listings 32
Months supply = 9.66
% change from same month 2007 = down 20%

Southeast Lincoln (Areas 31-37)
Active listings 694
Sold listings 87
Months supply = 7.98
% change from same month 2007 = down 18%

Southwest Lincoln (Areas 41-47)
Active listings 371
Sold listings 45
Months supply = 8.24
% change from same month 2007 =down 18%

Thank you for checking out the October Real Estate market report for Lincoln, NE including Downtown Lincoln, Northeast Lincoln, Northwest Lincoln, Southeast Lincoln and Southwest Lincoln on the Lincoln MLS.

If you're considering selling a home, we would appreciate the opportunity to market your home.  If you are considering buying a home, be sure to check out our website and search the Lincoln MLS for homes and when you are ready we would be happy to help purchase your new home.

Search all Lincoln, NE Homes at www.LincolnRealtyPros.com  Sign up for our Lincoln Home Finder service.

Information was pulled from the Midlands Realtors association Board of Realtors Multiple Listing Service; MABR deems information reliable but not guaranteed.  Prepared by Steve Lauver-REALTOR Data does not include any private home sales

 

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