Judy Smith - Deer Creek and Deer Creek Highlands - October 2020

12020 Shamrock Plaza, Omaha, NE 68154

JUDY SMITH

DEER CREEK NEIGHBORHOODS O c t o be r 2 0 2 0 • R e al E st at e M ark e t Re po rt

REALTOR ®, CRS, CLHMS, CRB, CNHS, ABR, SRES

402.598.3678 JudySmithRE@gmail.com www.JudySmithTeam.com www.DeerCreekHomeowners.info

Loving and Promoting Our Community Since 2004

EXPERTLY NEGOTIATED

by Judy Smith S O L D FO R 1 0 0 % O F ASKING PRICE!

11915 WHITMORE STREET | 4 BEDS | 3 BATHS | 4,274 EST. SQ. FT.

ZILLOW 5-STAR REVIEW “Judy made the buying and selling process very easy for us. She went above and beyond in helping us to get our house ready to market by putting us in contact with local professionals to fix any issues that needed to be repaired, cleaned, ect, for the house to show at its best.

She was honest and upfront about the process and made sure that my husband and I, who are first time buyers/sellers, knew what to expect.

We would highly recommend working with Judy and her team.”

JUDY SMITH Your Neighbor and Deer Creek Neighborhoods Real Estate Specialist

P R E PA R E D E S P E C I A L LY F O R

Jonathan-Thomas and Angela-Marie Williams Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2020

DEER CREEK

JUDY SMITH REALTOR ® , CRS, CLHMS, CRB, CNHS, ABR, SRES

402.598.3678 JudySmithRE@gmail.com www.JudySmithTeam.com www.DeerCreekHomeowners.info

“Judy is an experienced and very effective agent. She understands the Omaha market very well and is well-connected throughout the area.

She helped sell our unique property.

Potential buyers appreciated her genuine and approachable style.”

30+ Years in Real Estate Top Producing RE/MAX Agent!

5 - S TA R R E V I E W

NEIGHBORHOODS O c t o be r 2 0 2 0 • C u r re n t M ark e t A c t i vi t y

JONATHAN-THOMAS AND ANGELA-MARIE, This market report was created especially for you because I feel you deserve to know what’s happening in the Deer Creek Neighborhoods. If you are looking to buy or sell in the area, call me today.

JU DY S M I T H | 4 0 2 . 5 9 8 . 3 6 7 8

REAL ESTATE RECORDS SHATTERED

AVAILABLE HOMES IN DEER CREEK NEIGHBORHOODS

$575,650

6

NOW IS THE TIME TO SELL!

3,800

ACTIVE LISTINGS

AVG. ACTIVE LIST PRICE

AVG. SQUARE FEET*

Beds Range: 4 - 5 Baths Range: 3 - 4

Lowest: $520,000 Highest:$645,000

Lowest: 3,000 Highest: 5,100

22 HOMES PENDING IN DEER CREEK NEIGHBORHOODS The U.S. Median Home Price Jumped 8.5%, Breaking $300,000 for the First Time

11 HOMES SOLD IN DEER CREEK NEIGHBORHOODS NEW RECORD!

8.5% Median Price Increase

$304,100, the first time breaking the $300,000 threshold.

NEW RECORD!

2.88% Interest Rate

The eighth drop in 2020 and the lowest in 5 decades.

NEW RECORD!

3.1 Months of Inventory

Unsold inventory was 4.2 months in July 2019.

NEW RECORD!

22 Days on Market

29 days in July 2019.

68% were sold in less than 30 days.

NEW RECORD!

34% First-Time Buyers

First-Time home buyers made up 32% a year ago.

“The housing market is well past the recovery phase and is now booming with higher home sales compared to the pre-pandemic days. With the sizable shift in remote work, current homeowners are looking for larger homes, and this will lead to a secondary level of demand even into 2021.”

—Lawrence Yun, Chief Economist, NAR Jonathan-Thomas and Angela-Marie, This is the perfect time to take advantage of improved market conditions and upgrade to your next dream home. Call me today to discuss the value of your home and your options at 402.598.3678. www.housingwire.com | www.vecteezy.com

STATUS

ADDRESS

Sold

(LAST 3 MONTHS)

BEDS

BATHS

EST. SQ. FT.*

LIST PRICE

SOLD PRICE

SOLD DATE

12829 Mormon Street

4

3

3,500

$597,234

$630,715

08/28/20

Sold

11915 Whitmore Street

4

3

4,300

$585,000

$585,000

08/27/20

Sold

7323 N 124 Street

3

3

4,100

$525,000

$525,000

08/13/20

Sold

13025 Reynolds Street

5

3

4,900

$585,000

$560,000

08/12/20

Sold

13003 Eagle Street

4

3

2,700

$357,575

$357,135

08/06/20

Sold

7325 N 122 Avenue Circle

4

3

3,200

$480,000

$470,000

07/31/20

Sold

13007 Eagle Street

3

2

1,700

$309,475

$354,692

07/24/20

Sold

7911 N 131 Circle

5

3

3,500

$589,894

$597,341

07/20/20

Sold

7709 N 124 Street

3

4

4,300

$699,900

$689,000

07/02/20

Sold

12650 Iowa Circle

3

3

3,200

$398,000

$393,000

07/01/20

Sold

12967 Eagle Street

3

2

1,700

$302,900

$308,335

06/24/20

Judy Smith, RE/MAX Real Estate Group, and The RE/MAX Collection are not in any way affiliated with Deer Creek Nighborhoods Association, nor is this in any way an official advertisement or publication of Deer Creek Neighborhoods. © 2020 RE/MAX. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to OABRMLS for June 4th, 2020 through September 4th, 2020. Listings and sales may not be those of RE/MAX Real Estate Group. OABRMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. Sales of new homes not reported to the MLS are not contained within this report. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.*Square footage rounded to the nearest hundred.