March 18th, 2013 21:34
Pepperwood Omaha Neighborhood - Market Report March 2013
The Omaha homes for sale in Pepperwood Omaha Neighborhood are selling FAST! These homes are selling much faster than real estate for sale in Omaha on average is selling. So let's take a look at this with what's called Absorption Rate. This tells us how many months it will take to sell all the homes for sale in the Pepperwood Omaha Neighborhood, assuming no other home owners put their home on the market to sell. Pepperwood's absorption rate is 1.82 months, while Omaha is at a 5.74 month inventory of homes to sell.
What does this mean for Omaha home buyers & Omaha home sellers? Real estate is Pepperwood is moving VERY FAST! There aren't enough real estate for sale for the demand of Omaha home buyers. This makes it a seller's market and means homeowners in the Pepperwood Omaha neighborhood are getting better price and terms than home buyers. I would expect home sellers to be receiving multiple offers for real estate for sale in Pepperwood and I would also expect to see buyer's paying above list price for the homes for sale. In this type of market, buyers need to sharpen their pencil and put their best offer forward first or you may not purchasing your dream home.
If you own a Pepperwood Omaha home and are thinking about selling your home, this is a GREAT time to sell!
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Authored by Connie Watts