While price trends remain unchanged in Millard, Nebraska, local experts are reporting a buyers market at this time.

Inventory has seen a considerable decrease from last year -- down 14 percent -- setting this city apart from many areas across the nation.

The average sold price is around $190,000, up only marginally from last year.

Homes are still selling quickly, despite the area being described as a buyers market, with homes selling in just over a month's time -- averaging 46 days.

Recommends one local expert, "Advice to sellers: [They] need to price their homes competitively, and respective of condition. In today's market you will need a Realtor that can review the market status of your house often (weekly) to assure your position in the market is strong as well as offer advice on staging, curb appeal, and other marketing strategies so your home stands out from the rest."

For information on your area, please click here.

Click here to view current Market Conditions in your location.

Published: August 23, 2007

Use of this article without permission is a violation of federal copyright laws.