"The number of listings on the market shrank 5.4% from last month, which is a bigger decrease than normal for this time of the year in Omaha, and homes are also selling faster than at the same time last year. Home prices in Omaha Typically, home price per square foot in Omaha tend to rise in November. And the most recent data shows that the price per square foot increased by 0.7% compared with the month before."
"Meanwhile, active inventory across the nation fell by 2.5% from last month to 1,072,266. Time on market Homes in Omaha take an average of 37 days to sell, according to November figures. This is five days more than the previous month and five days less than the same month last year. For comparison, nationally homes spent an average of 64 days on the market in November."
Median listing price in Omaha was $325,000 in November, unchanged from the month before. The number of listings fell 5.4% month-over-month, a larger seasonal decrease than normal for Omaha, while active inventory totaled 1,218 homes, 10.8% higher than a year earlier. Price per square foot in Omaha rose 0.7% month-over-month, outpacing the national decline of 1.2%. Homes in Omaha averaged 37 days on the market, five days longer than the prior month but five days shorter than a year earlier. National active inventory fell 2.5% to 1,072,266 and the national average days on market was 64.
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