Omaha real estate market stats for December 2015

Omaha real estate market stats for December 2015

Omaha has seen steady increases in real estate sales all throughout 2015 and December of 2015 compared to December of 2014 is no exception. 

There has been a 16.49% decrease in inventory meaning homes are getting harder and harder to find.  The average list price is up 6.46% and average sales price is 7.31% higher than the previous December.

The average overall sales price for December was $194,462 which includes new construction.  For existing homes the median sales price was $152,450 which was a 6.19% increase over the prior December. 

New construction saw an annual increase of 5.27% growing from 285k a year ago to 301k for 2015.  New construction saw a 4.45% increase in homes sold over the prior year with 1,615 new homes sold throughout metro Omaha. 

Average time on market for new listings was 38 days in December vs 52 days the prior December.  For the entire year days on market dropped from 50 in 2014 to 40 in 2015.  I would look for that number to continue to drop in 2016. 

David Neese, Realtor

CBSHome

OmahaRealEstate.com

402-415-2779

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