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So this is the first time that we have segmented the areas of the market by school district. The main reasoning behind this was that most of our clients that we work with typically want to live in a specific school district. So we broke the market up into 7 specific areas.

The 3 main numbers that Linda and I concentrate on in regards to the real estate market are

Days On Market / Average Sale Price / and Months Of Inventory. When we look at the Months of Inventory that will typically tell us weather or not we are in a sellers market or buyers market. So if the Months of Inventory are 0 to 3 months we are in a sellers market… If the Months of Inventory are 3+ we are in a buyers market. If we are in a sellers market typically homes are selling quickly. Buyers market you tend to see longer market times. So lets get started.

Each area is a little different and sometimes each subdivision is different. So if you ever would like to know what your specific area is doing just let us know and we would be happy to pull that info for you.

 

Also since we pretty much work our business by referral only we would love. And We mean love anyone you might know who is thinking about selling anytime now or in the near future. Thanks again for watching.

Below are the market stats of each school district.

BELLEVUE

7/16 to 10/16

7/15 to 10/15

% Up or Down

Days On Market
25
27
- 7.4 

Average. Sale Price
191k
185k
+3.2

Months of Inv.
1.5
1.9
- 20.8
Bellevue is in a Sellers Market
BENNINGTON

7/16 to 10/16

7/15 to 10/15

% Up or Down

Days On Market
19
39
- 51

Average. Sale Price
275k
218k
+ 26

Months of Inv.
4.6
3.6
+ 21
Bennington is in a Buyers Market
ELKHORN

7/16 to 10/16

7/15 to 10/15

% Up or Down

Days On Market
28
31
- 9.7

Average. Sale Price
296k
276k
+ 7.2

Months of Inv.
3.1
2.9
+ 6.8
Elkhorn is in a Buyers Market
GRETNA

7/16 to 10/16

7/15 to 10/15

% Up or Down

Days On Market
41
44
- 6.8

Average. Sale Price
297k
296k
+ .03

Months of Inv.
3.7
3.3
+ 1.2
Gretna is in a Buyers Market

MILLARD

7/16 to 10/16

7/15 to 10/15

% Up or Down

Days On Market
20
24
- 16.7

Average. Sale Price
224k
242k
- 7.4

Months of Inv.
1.6
1.9
- 15.6
Millard is in a Sellers Market
PAPILLION

7/16 to 10/16

7/15 to 10/15

% Up or Down

Days On Market
24
28
- 14.3

Average. Sale Price
228k
225k
+ 1.3

Months of Inv.
1.7
2.2
- 23.1
Papillion is in a Sellers Market
WEST OMAHA

7/16 to 10/16

7/15 to 10/15

% Up or Down

Days On Market
16
23
- 30.4

Average. Sale Price
191k
174k
+ 6.7

Months of Inv.
1.5
1.6
- 6.3
West Omaha is in a Sellers Market