2013 Omaha Housing Market Update

Hey everyone. Today I wanted to give you an update on the first six months of 2013.  As everyone already knows, it’s been a really good year.

We currently have a decrease in listings; we are down 8.9%.  In terms of pending contracts, though, we are up 7.8%.  We are up 3.7% in closings, as well. So we had a great first six months of 2012, but this year was even better.

The average sales price has increased by 10% in the last 18 months in the Omaha area.  Another remarkable number is the number of closings on new construction; we are up 32.3%!

The average days on market is down 12% with average being 59 days and the median being 31. Of course here at DEEB Realty we’ve always been proud of our success. We continue to lead with an average days on market of 51 and median of 22.

Some other interesting points to note are there are 5,741 properties that have closed in the Omaha area so far this year.  Eighty-nine percent of those homes were under $300,000.

I hope some of these statistics were helpful to you. I really appreciate you watching! If you have any questions please call me 402-491-0100!