"New listings surged 20.5% year-over-year in March, dwarfing the national gain of just 0.7%. Total active inventory rose only 4.7%, well below the national pace of 6.2%."
"The median listing price fell to $322,450 in March, a 7.9% drop year-over-year, far steeper than the national decline of just 2.1%. Omaha's median is nearly $94,000 below the national median."
"Only 8.0% of listings carried a price cut, less than half the national rate of 16.3%, indicating that sellers were pricing with discipline upfront."
"The median Omaha home sold in 37 days in March, 19.6% faster than a year ago, contrasting with the national trend where days on market rose."
Omaha's housing market is experiencing significant changes. New listings surged by 20.5% year-over-year in March, while total active inventory rose only 4.7%. The median listing price decreased by 7.9% to $322,450, making it more affordable compared to the national median. Despite the price drop, only 8.0% of listings had price cuts, indicating disciplined pricing by sellers. Homes sold faster, with a median sale time of 37 days, reflecting strong buyer demand amidst increased competition.
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