According to new data released by the Great Plains Regional MLS for November 2020, the Omaha area real estate market is still very strong.
Home values continue to rise while selling quickly (on average in just 15 days).
Inventory is very low so it looks like homes will continue to sell very quickly as prices continue to rise. It remains a seller's market in Omaha.
November 2020 Omaha Area Real Estate Statistics
Average Sold Price: $271,189 (Up 8.4% from November 2019)
Homes Sold: 1,207 (Up 7.8% from November 2019)
New Listings: 1,061 (Down 8.5% from November 2019)
Pending Listings: 958 (Down 0.6% from November 2019)
Days on the Market: 15 Days (Down 31.8% from November 2019)
All data from Great Plains Regional MLS. Report © 2020 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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