"Active listings slipped 1.6% year over year to 836 homes, while nationally inventory grew nearly 8%. New listings surged 12.1% - but buyer demand soaked them up fast enough that overall supply still shrank."
"The median list price came in at $323,450 in February - down 5.5% from last year and roughly $80,000 below the national median. But only 9% of listings carried a price cut, compared to 15.5% nationally."
"The typical home sold in 37 days, down 13% from a year ago. Nationally, the median was 70 days and actually getting slower. If you're selling, well-priced homes didn't sit."
Omaha's real estate market is characterized by tight inventory and quick sales. In February, active listings decreased by 1.6% year over year, while new listings increased by 12.1%. The median list price was $323,450, down 5.5% from last year, but only 9% of listings had price cuts. Homes sold in an average of 37 days, significantly faster than the national average of 70 days. The market reflects strong buyer demand and sellers maintaining their pricing strategy.
Read at SFGATE
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