Monday, December 12, 2011

Lincoln, Nebraska Real Estate Market Snapshot (12/12/11)

As of today the Lincoln, Nebraska real estate market currently has 1,272 residential homes listed for sale (in our MLS). In the past 6 months there have been 1,557 residential homes which have sold in Lincoln. 

So what does that mean?

1. We are at an inventory low. As is typical during the holidays. So right now if you list your home, you are seeing far less competition.

2. With only 1,272 homes for sale and an avg of 260 homes selling per month over the last 6 months, we are looking at under a 5 month supply of homes on the market. I can tell you from experience that many listing consultations I have gone on that number has been 6-8 months supply of homes. 
In other words, the Lincoln, Nebraska real estate market is doing quite well. There are many other communities around the nation that wish they could say the same thing!

Jason Korn
The Korn Team
RE/MAX Real Estate Concepts


aliah said...

i read that The average listing price for homes for sale in Lincoln NE was $167,701 for the week ending Jun 27, which represents a decrease of 1.9%, or $3,184, compared to the prior week..ture..??
i like the way you explained this post..thanks for sharing and keep posting such post here in future too.

Orange county said...

This is very nice article for best real estate which I was looking from long time. Do you wanna sales your home, try search here & sale your home through Sylvan Lake Realtors.