Posts from February 8th, 2024

Now that the snow has melted, the Spring real estate market is right around the corner. Interest rates seemed to have remained steady over the past few weeks and buyers are preparing to make offers on homes. Let's take a look at the real estate numbers for first month of 2024 and how it compares to previous years.

Douglas County Existing Homes

There were 344 closed residential sales in January 2024, up 2 percent compared to January of 2023. For perspective, the month of January typically sees the lowest number of closed sales, and the month of June typically has the highest number of sales.

The median sale price in January was $278,500, up over 16 percent compared to the same time last year.

According to FreddieMac, interest rates in January 2023 were about half a point lower than they were in January 2024, but unit sales...

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