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Brian Pfeifer

Omaha Area Real Estate Market Statistics - Since the Market Crashed

Here is a look at how the Omaha NE Area Real Estate Market is doing since the Market crash several weeks ago.

Market Statistics
Class Bedrooms Current Active Avg List Price Avg DOM
All All 5,012 $204,749 102
RS All 5,012 $204,749 102
RS 0 - 2 758 $107,886 103
RS 3 2,418 $161,173 93
RS 4+ 1,836 $302,128 114
Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Sold Avg Sale Price Sold Sale Price/List Price Ratio Avg DOM Sold Avg List Price Unsold Pct Expired
All All 719 235 32.68% $189,958 $183,474 96.59% 69 $185,653 36.30%
RS All 719 235 32.68% $189,958 $183,474 96.59% 69 $185,653 36.30%
RS 0 - 2 102 30 29.41% $101,483 $91,392 90.06% 90 $96,177 44.12%
RS 3 373 125 33.51% $150,876 $146,391 97.03% 53 $147,771 32.17%
RS 4+ 244 80 32.79% $284,201 $275,946 97.10% 87 $276,548 39.34%

Brian Pfeifer

THE EXPERTS

RE/MAX Real Estate Group

www.OmahaHomeExperts.com

Free Buyer Assistance in Omaha Nebraska Area

Are you considering the purchase of a home in the Omaha Area? If so, please visit my personal website. I offer absolutely free buyer assistance. Start your home search at www.NEexperts.com . I am a full time Realtor that will work to get you the best possible price on the home of your choice. I am born and raised here and take great pride in the service that I provide. I allow you to work at your own pace and do not pressure my clients at all. This is a big decision, and I want you to be confident with the home that you decide on. I will happily connect you with past clients to check on my performance.

First Time Buyer's Benefit In Unstable Market

The financial meltdown that our country is currently experiencing has benefits for some.

More and more renters are taking the leap to home ownership. Recent incentives, such as the government's $7500 tax credit, are persuading many young first time buyers to pursue permanent housing. The FED rate cuts also continue to increase these favorable conditions. Due to the gradual slowdown in the market these past few years, Buyer's have an abundant inventory of housing to pick from. This over supply has forced Seller's to slash their asking prices. Many home builders are also offering a variety of incentives to get their properties sold.

Although the lending standards are being reformed, as they should be, qualified first time buyers are still being approved for financing. Any buyer's that are on the fence with deciding whether or not to purchase a home should act now before the market turns.

Free Buyer Assistance and Pre Approval Information can be found at www.NEexperts.com .

Regards,

Brian Pfeifer

Your NE Real Estate Expert

RE/MAX Real Estate Group

brianpfeifer@remax.net