Is West A, NE a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West A is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, West A has remained a Seller's Market.

Key Takeaway

West A is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in West A, NE

How much do homes in West A, NE cost?

Median Sold Price

$305,000

$149/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

+$25,600(+9.2%)

Key Takeaway

Homes in West A have sold for 9.2% more than they did a month ago.

Summary: The median home sold price in West A was $305,000 in August 2024, up 9.2% from last month, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 $200K-
N/A
3 $289.5K$293K
+1.2%
4 $352K$315K
-10.5%
5+ --
N/A

Summary: West A housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

West A
+9.2%
South Salt Creek
-11.2%

Housing Supply in West A, NE

How many homes are available in West A, NE?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
3731-16.2%

Summary: The West A real estate market had 31 homes for sale in August 2024, a 16.2% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 62
-66.7%
3 2319
-17.4%
4 78
+14.3%
5+ 12
+100.0%

Summary: The West A housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
159-40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West A, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in West A in August 2024, down by 40.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.

Days on Market for West A, NE

How long does it take to sell a home in West A, NE?

Average Sale Time

Jul 2024Aug 2024CHANGE
3 Days10 Days+173.0%

Summary: Homes in West A had an average of 10 days on market in Aug 2024, up by 173% compared to last month.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in West A are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 9 homes were sold in West A; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in West A, NE

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