March 2021 - Omaha Area Real Estate Market Statistics

Posted by Ryan Renner on Friday, April 16th, 2021 at 9:38am.

According to March 2021 data released by the Great Plains Regional MLS, normal spring increases in sales activity, coupled with relaxing COVID-19 policies, created a very busy March real estate market as buyer demand continued largely unabated in the face of rising home prices and mortgage rates.

 

The Bottom line:

Inventory remains too low to bring the market back into balance. So expect a busy and competitive market in the coming months.

 

Let’s take a look at some of the numbers from March 2021:

 

March 2021 Omaha Area Real Estate Statistics

Average Sold Price: $278,205 (Up 14.2% from March 2020)
Homes Sold: 983 (Down 5.7% from March 2020)
New Listings: 1,640 (Down 11.8% from March 2020)
Pending Listings: 1,339 (Down 3.3% from March 2020)
Days on the Market: 21 Days (Down 36.4% from March 2020)

 

All data from Great Plains Regional MLS. Report © 2021 ShowingTime.

This report covers residential real estate activity in the Omaha area, which includes the counties of Dodge, Douglas, Sarpy, Saunders and Washington in Nebraska; the counties of Harrison, Mills and Pottawattamie in Iowa. Sources: Freddie Mac, Great Plains Regional MLS, and ShowingTime

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