Huntington Park Omaha Homes for Sale - Market Data Report as of March 2013
If you are looking to buy or sell a home for sale in Huntington Park Omaha, not knowing what's going on in your market as well as your subdivision could cost you money! The Huntington Park real estate that sold in the last year was 21 homes. It's interesting to note that 349 homes did NOT sell in the last year and as a result, those home owners had to change their moving plans.
So how does the market of homes for sale in Huntington Park affect Omaha home buyers and sellers? Take a look at the number of months supply on the market. This is the Absorption Rate. It's important to know this number because what it tells us is, if no other homes come on the market for sale in Huntington Park, it will take 8 months to sell the homes that are currently for sale. This puts us firmly in a Buyer's Market.
How can we tell if it's a buyer's market or a seller's market? The pricing strategy guidelines are as follows:
0-2 Months Inventory - Price with the Market to 10% above market
3-4 Months Inventory - Price aggressively with the market
5-6 Months Inventory - Price with the Market to 5% below market
6-12 Months Inventory - Price 10% below the market
12+ Months Inventory - Price 10%+ below the market