Fewer Homes for Sale in Omaha, NE while Listing Prices Fall

The number of homes for sale in Omaha, NE fell in January, while the average listing price declined by 0.42%.
By: Omaha Real Estate Group Prudential Ambassador
 
March 7, 2013 - PRLog -- According to the Market Report - a publication of Omaha Real Estate Group Prudential Ambassador by Tasha Moss - the number of homes for sale in Omaha, NE was 2405, down 6.34% from 2557 in December. This is the 3rd consecutive month where the number of homes for sale decreased.

The average price of homes for sale was $188,510, which was down from $189,308 in December. Likewise the median price of homes for sale - the number at which half of the homes listed for sale were for more and half were for less - decreased 0.53% to $141,203.

There is currently a lack of inventory in the Omaha market at most price ranges. We are experiencing a tremendous amount of activity on our listings and the average market time is much lower than we have seen in years.

The prices varied according to the size of the homes
- 2 bedroom - $138,932 - an increase of 1.76% from December
- 3 bedroom - $149,448 - a decrease of 0.33% from December
- 4 bedroom - $260,032 - an increase of 1.26% from December
- 5 bedroom - $371,008 - a decrease of 0.49% from December


The average home for sale has 3 bedrooms and 2.43 bathrooms.

The high schools in Omaha, NE with the highest average home price were:
-Blair High School - $859,000
-Fort Calhoun High School - $705,940
-Lewis Central High School - $599,000
-Platteview High School - $390,975
-Elkhorn South High School - $385,464
-Elkhorn High School - $289,563

Omaha Real Estate Group offers unparalleled service to ALL their clients in the Omaha area real estate market. As experts in the Omaha Nebraska real estate market, we can provide you detailed information on any home in the area and many that have not even hit the market yet. Tasha Moss and the rest of the team consistently rank in the top 100 Agents for Prudential Real Estate in North America and SOLD over 160 homes last year alone.

Visit: http://www.findomahahomesforsale.com
End
Source:Omaha Real Estate Group Prudential Ambassador
Email:***@omahareg.com
Zip:68154
Tags:Omaha, Housing Market, Home Sales, Real Estate, Home Buying
Industry:Real Estate
Location:Omaha - Nebraska - United States
Subject:Reports
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