Top Large Teams in Nebraska – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    15Bjork GroupBerkshire Hathaway HomeServices Ambassador Real EstateOmaha, NE$53,732,083View Profile
    19M2 Real Estate GroupBerkshire Hathaway HomeServices Ambassador Real EstateOmaha, NE$48,712,708View Profile
    22kwELITE ColumbusKeller WilliamsOmaha, NE$47,286,620View Profile

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    2023 Nebraska Housing Market Summary

    Nebraska started 2023 with a total of 2,131 single-family homes on the market, with a median home price of $379,990 and an average price per square foot of $175. By the end of the year, inventory had increased to 2,737 homes on the market (+28%), with a median home price of $370,000 (-2%) and an average price per square foot of $177 (+1%).

    At the start of 2023, the median days on market (DOM) was 70 days – by the end of the year, median DOM had increased to 77 days.

    Nebraska started the year with 26% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 25% of Nebraska homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Nebraska started 2023 as a seller’s market, with an MAI score of 39; by the end of the year, the MAI had dropped to 32 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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