Omaha Real Estate Market in Review - August 2014
A quick update on the Omaha real estate market for you. We have a pretty balanced market as we reach the end of summer, meaning it's still a good time to buy or sell a home in the metro area. Here are the numbers from August:
- Closed Homes: 1,171.
- Average days on market: 43 days, up 7 days since August.
- Inventory: 3.2 months, at 3,754 active units.
- List-to-sale ratio: 98%
- Interest rates: trending around 4.125%
The Omaha market in review is looking pretty good. Sellers are getting just about everything they're asking for, and buyers should be able to expect to have their closing costs covered if the deal is negotiated properly. If you are interested in buying or selling a home in this great market, don't hesitate to give me a call or send an email. |
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