Welcome to the August 2020 Douglas County Nebraska real estate market report brought to you by Eric L. Brown Real Estate Agent. This report covers the Douglas County area in Nebraska which includes the towns of; Omaha, Ralston, Bennington, Valley and Millard
If you are in the market for a new home, be sure to use my home search tool to find properties in your price range. Also. feel free to give me 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.
Douglas County Overall Housing Stats
New and Existing Home Sales Data August 2020
The average sale price for homes in the Douglas County Nebraska area region MLS (Multiple Listing Service) during August 2020 was $266,599 ; this is up from the August 2019 average of $250,583. The average days on market in August 2020 was 15 days compared to August 2019 which was 20 days. Sellers in Douglas County received 100.50% of their asking price for the home sold.
|Avg. Sale Price||$266,599||$250,583|
|Avg. Price Per Sq Ft||$159.00||$151.00|
|Avg. Days on Market||15||20|
|% of List to Sale Price||100.50%||99.6%|
Douglas County Existing Homes Sales
$129,000 to $179,999
August 2020 Data
New Listings to Hit the Market : 184
Pending Homes: 177
Average Days on Market: 7
Absorption Rate/Months Supply: .40
$180,000 to $291,999
August 2020 Data
New Listings to Hit the Market: 408
Pending Homes: 395
Average Days on Market: 6
Absorption Rate/Months Supply: .50
$292,000 or More
August 2020 Data
New Listings to Hit the Market: 242
Pending Homes: 224
Average Days on Market: 18
Absorption Rate/Months Supply: 1.5
Some of the Homes Sold in Douglas County During August 2020
|Address||City/Town||Sold Price||Year Built||Sq. Ft||Acres|
|2437 S. 48th||Omaha||$175,000||1958||1,008||.170|
|2618 N 191||Elkhorn||$330,000||2014||2,689||.19|
|8220 Oakwood St||Ralston||$168,000||1949||1,480||0.00|
|8056 N 173rd||Bennington||$333,900||2020||2,793||0.019|
|9708 N 255||Omaha||$1,200,000||1985||8,015||11.66|
New Construction Homes in Douglas County Nebraska
New Listings Under Construction : 101
New Listings Complete Never Occupied: 23
On the Market Complete Never Occupied: 84
Average Price Per Sq Ft for properties under construction : 2020 $189.00 2019 $181.00
What Does This Mean For Buyers In Douglas County Nebraska?
Buyers in Douglas County Nebraska can expect to see a continuation of low inventory of existing homes.
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.
What Does This Mean For Sellers In Douglas County Nebraska?
Douglas County Nebraska is still in a sellers market with only 1.0 months of inventory available. There is a strong demand for homes in the $200k– $300k 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.