Omaha, NE - January 2011 - New Home Sales Numbers Suggest Market Fall is Worsening
Posted on: Apr 12, 2011 05:18:52 PM
New home sales in the Omaha, NE market slid in January, and the percentage fall was more severe than January 2010, giving suggestion the market may be worsening. Sales dropped 65.5% from a year earlier to 41, relative to a 30.0% decline in the same month a year earlier. New home sales made up 14.9% of overall housing sales. They represented 15.1% of sales a year earlier.
Average Price of New Homes Gained in January 2011
For newly sold homes, the average price gained 46.2% in January to $301,521 per unit. This bump is an improvement over the 11.3% surge the year earlier.
Average Mortgage Size on Newly Sold Homes Increased in January 2011