Lincoln Nebraska Realty Update Nov 08

By
Real Estate Agent with Nebraska Realty -

One goal of the www.LincolnRealtyPros.com website is to inform Lincoln home buyers and sellers about the Lincoln, Nebraska real estate market.  Monthly, we will post a blog about the Lincoln real estate market that gives the number of homes for sale, previous month's 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, NE Real Estate needs. 

Active Listings, as of December 2, 2008 and Sold Data from November 1, 2008 to November 30, 2008.  Months supply is the number of active listings divided by the number of sold listings for the month.

Lincoln had 165 attached and detached homes sold in November 2008 compared with 224 in 2007, which is down 26%. As of December 2, 2008, there were 1,726 active homes for sale, which is 10.45 months supply of homes. 

Active as of December 2, 2008, Solds 11-1-08 to 11-30-08

Lincoln, Nebraska Home Data
Active listings 1,726
Sold listings 165
Months supply = 10.45
% change from same month 2007 = down 26%

Northwest Lincoln (Areas 11-16)
Active listings 395
Sold listings 28
Months supply = 14.11
% change from same month 2007 = down 35%

Northeast Lincoln (Areas 21-24)
Active listings 301
Sold listings 27
Months supply = 11.15
% change from same month 2007 = down 54%

Southeast Lincoln (Areas 31-37)
Active listings 663
Sold listings 76
Months supply = 8.72
% change from same month 2007 = up 4%

Southwest Lincoln (Areas 41-47)
Active listings 356
Sold listings 33
Months supply = 10.79
% change from same month 2007 =down 30%

Thank you for checking out the November Real Estate market report for Lincoln, Nebraska 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, Nebraska Homes for sale.

Sign up for our Lincoln Home Finder service.

Information was pulled from the Midlands Realtors association Board of Realtors Multiple Listing Service 12/2/09; MABR deems information reliable but not guaranteed.  Prepared by Steve Lauver-REALTOR Data does not include any private home sales

 

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Rainmaker
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Lisa VonBargen
Photography7522 - Estes Park, CO
Estes Park Real Estate Photographer

Great post! Love the data...I grew up in Lincoln and was in town for UNL band camp with my sons this summer and was poking around for future college crash pads...interesting!

Nov 11, 2009 03:26 AM #1
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Rainer
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Steve Lauver

Omaha Realty -- 402-689-7550
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