Douglas County Real Estate Report May 08

Thank you for checking out my May Real Estate market report for Omaha NE including Downtown Omaha Condos, Midtown - Dundee, UNMC, North Omaha - Benson, Northwest Omaha, West Omaha Homes, Elkhorn, Ralston and Millard homes that are for sale on the Omaha MLS. .

Active Listings, as of June 11, 2008 and Sold Data from May 1, 2008 to May 31, 2008. Months supply is the number of active listings divided by the number of sold listings for the month.

The May l real estate market was up slightly from April to May. Douglas county months supply dropped from 8.21 to 6.79. Total number of homes sold for Douglas county increased from 473 to 597 homes or up 124 homes. With the warmer weather, more buyers are getting out and looking at homes. I continue to believe there are a couple of wild cards for this year with the recent changes in the mortgage market and the threat, the pending, how the current $4 gas will have on home buyers?

If you're considering selling a home, I would appreciate the opportunity to market your home. If you are considering buying a home, be sure to check out my website and search the Omaha MLS for homes and when you are ready I would be happy to help purchase your new home.

Thanks for viewing my home market report and check out my website at http://www.omahareatypro.com/. Also, if your interested in a foreclosure or bank owned home, send me an email and I will set you up on a special email notification as they come on the market.

May Data Active as of June, 2008, Solds 5-1-08 to 5-31-08

Douglas County
Active listings 4,051
Sold listings 597
Months supply = 6.79

Downtown (230,240)
Active listings 390
Sold listings 13
Months supply = 30.00

Midtown (231,241)
Active listings 539
Sold listings 96
Months supply = 5.61

District 66 (232, 242)
Active listings 234
Sold listings 34
Months supply = 6.88

North Omaha (210, 220-223)
Active listings 697
Sold listings 83
Months supply = 8.4

Northwest Omaha (211, 224, 225, 233, 234)
Active listings 796
Sold listings 152
Months supply = 5.24

West Omaha (245, 246)
Active listings 203
Sold listings 18
Months supply = 11.28

Southwest Omaha (243, 244, 253, 254)
Active listings 711
Sold listings 137
Months supply = 5.19

Elkhorn, Waterloo (212, 213)
Active listings 165
Sold listings 15
Months supply = 11.00

Ralston (252)
Active listings 71
Sold listings 24
Months supply = 2.96

Southeast Omaha (250, 251)
Active listings 244
Sold listings 25
Months supply = 9.76

Search all Omaha Homes at http://www.omaharealtypro.com/ When you are there, sign up for my Omaha Home Finder service.

Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service; OABR deems information reliable but not guaranteed. Prepared by Steve Lauver-REALTOR