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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.

Showing the Douglas County area

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. 

20202019
Avg. Sale Price$266,599$250,583
Avg. Price Per Sq Ft $159.00$151.00
Avg. Days on Market1520
% of List to Sale Price100.50%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

AddressCity/TownSold PriceYear BuiltSq. FtAcres
2437 S. 48thOmaha$175,00019581,008.170
2618 N 191Elkhorn$330,00020142,689.19
15255 GroverOmaha$207,50019921,674.159
8220 Oakwood StRalston$168,00019491,4800.00
8056 N 173rdBennington$333,90020202,7930.019
9708 N 255Omaha$1,200,00019858,01511.66

What is your home’s value?


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

New Construction New Listings to Hit the Market


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 expect to get close to asking price for their homes as the list price to sold price ratio is 100.60%, and the number of days on the market before a home is sold is averaging 15 days.

 

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.

Douglas County Nebraska Homes For Sale

Here are the most recent home listings just added to the database in the Douglas County Nebraska Area.


Summary
Douglas County Nebraska Housing Market August 2020
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Douglas County Nebraska Housing Market August 2020
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Welcome to this month’s Douglas County Nebraska real estate market report brought to you by Eric L. Brown Realtor. 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.
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Eric L Brown Real Estate Agent Nebraska Realty
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