January Market stats
Hey it’s Realtor David Neese from OmahaRealEstate.com and here are our Omaha real estate market stats for January of 2016.
If you have a home to sell this is definitely the time to get it on the market as we are definitely cruising along in a hot seller’s market.
Comparing January of 2015 to 2016 we see some rapid acceleration in sales. Active homes for sale dropped 18.35%, from 2,964 to 2,420 which is a huge drop in inventory.
Average time on market for homes that actually sold dropped 28%, that’s right 28%! It was down from 57 days a year ago to 41 days this year. Mind you days on market always drags a bit in the winter here for some crazy reason. What is interesting is the size of the drop considering the harshness of this winter compared to last year’s winter. ...
