Welcome to this month’s Saunders county Nebraska area real estate market report brought to you by Eric L. Brown Real Estate Agent. This report covers Saunders County which covers the towns of Wahoo, Ashland, Ceresco, Cedar Bluffs, Valparaiso and others within the county’s boundary.
If you are in the market for a new home, use our home search tool to find properties in your price range. Give us a call and we can answer your home buying questions.
If you are thinking of selling your home, you can take advantage of our free home valuation tool to get an idea of your home’s worth. We can list and market your home to qualified buyers to get your home sold quickly.
Saunders County Housing Stats
The average closed sale price for all homes both existing and new construction in Saunders County Nebraska during June 2020 was $244,598; this is down slightly from last June’s average of $258,451.
In Saunders county there is approximately 1.8 months of inventory available (all price points, new and existing combined), homes are averaging 34 days on market before being sold, and sellers are getting 98.9% of their original asking price.
Existing, previously owned home data for June 2020 by price range
$114,999 or Less
There were 5 homes in this price range that hit the market in June 2020 this compared to 2 homes in June 2019.
The average days on market for this price range in June 2020 was 55 days as compared to 7 days in June 2019.
There was 4 homes pending in this price range in June 2020 versus 1 home in June 2019.
The absorption rate or months supply for this price range is 1.3 months as of June 2020
$115,000 to $168,999
There were 2 homes in this price range that hit the market in Saunders county as of June 2020 this compared to 3 homes in June 2019.
The average days on market for this price range in June 2020 was 2 days as compared to 7 days in June 2019.
There was 2 homes pending in this price range in June 2020 versus 6 homes in June 2019
The absorption rate or months supply for this price range is .6 months as of June 2020
$169,000 to $284,999
There were 12 homes in this price range that hit the market in June 2020 this compared to 6 homes in June 2019.
The average days on market for this price range in June 2020 was 11 days compared to 19 in June 2019.
There was 7 homes pending in this price range in June 2020 versus 5 homes in June 2019.
The absorption rate or months supply for this price range is 1.6 months as of June 2020
$285,000 and Up
There were 10 homes in this price range that hit the market in June 2020 this compared to 14 homes in June 2019.
The average days on market for this price range in June 2020 was 37 days compared to 24 in June 2019.
There was 12 homes pending in this price range in June 2020 versus 8 homes in June 2019.
The absorption rate or months supply for this price range is 1.6 months as of June 2020 compared to 4.3 in June 2019
New Construction in Saunders County Nebraska-
In June 2020 there was 3 complete, never occupied new construction homes that hit the market. In June 2019 there was 2. The average price per square foot of new construction homes in the Saunders county market in June 2020 was approximately $226.00 per square foot, in comparison the average price per square foot in June 2019 was $157.00. The average days on market for all new construction homes in Saunders county was 97 in June 2019 as compared to 297 days on market in June 2020.
Saunders County New Construction Homes For Sale
Saunders County Closed Sale Volume
What Does This Mean For Buyers In Saunders County Nebraska?
Buyers in Saunders County Nebraska can expect to see continued low inventory available in existing homes. The current interest rates and land prices in Saunders county makes new construction an attractive option.
The average sale price has held steady this year, and in many price ranges, there are slightly less homes listed compared to this time last year.
Buyers should have financing in place and be ready to act when they find a property that matches their criteria. Be sure to search for properties in your price.
Give me a call today so i can help find your happy home! and i will be glad to help you.
Average Price Per Square Foot Paid for a home in the Saunders County Nebraska Area
What Does This Mean For Sellers In Saunders County Nebraska?
The Saunders County area is still in a sellers market with only 1.8 months of inventory available. There is a strong demand for homes in the $130,000 to $180,000 price range.
Sellers can use our free home valuation tool to get an idea of their home’s worth, then give me a call and i can answer all your questions about getting your home listed today.
