The national headlines scream that new home sales plunge by 11 percent in November. Here in Omaha new home sales in November 2009 increased by nearly 58.5 percent over last November.  Year-to-date the increase in new home sales is nearly 12 percent.

It’s good news for existing home sales as well.  Sales are up 47 percent this November compared to November 2008.  Year-to-date numbers are good too with 2009 coming in at 12 percent over last year at this same time.

For new construction homes the average time on the market before selling was 125 days in 2008 and in 2009 was reduced to 123 days.  For existing homes the average market time in 2008 was 65 days and in 2009 year-to-date is 59 days.

So, don’t let the national news discourage you. Things continue to improve here in Omaha.  It’s going to be a great 2010 and a great decade.  When you’re ready to put your home on the market or if you’re ready to buy a new home now, give me call at 402-697-4251 or email me at Marie.Otis@cbshome.com. 

Happy New Year!