Real Estate Blog - Summerlin Las Vegas, NV September 2009 Real Estate Market Report (Homes For Sale - Under Contract

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Summerlin Las Vegas, NV September 2009 Real Estate Market Report (Homes For Sale - Under Contract - Sold)

Summerlin Homes For Sale - Pending - Sold

Summerlin September 2009 Real Estate Resale Market Report:

Listings (10/15/2009): 696
Under Contract (10/15/2009): 613
Sold September 2009: 170
Month's Inventory: 4.1

Absorption is slightly higher than Las Vegas Valley.

Since Last Month's Report:

Listings UP +6
Pendings UP +6
Sold Units UP +10

Last Month's Summerlin Report

Most Current Summerlin Market Report

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Posted by Renee Burrows - Las Vegas NV Valley - Homes For Sale - SRES - SRS - AHWD - ABR on 10/23/2009 07:43 AM

Comments (5)

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Originally posted at: Nevada Real Estate >> Las Vegas Real Estate Specialist: Summerlin Las Vegas, NV September 2009 Real Estate Market Report (Homes For Sale - Under Contract - Sold)

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5 Comments on Summerlin Las Vegas, NV September 2009 Real Estate Market Report (Homes For Sale - Under Contract - Sold)

OCT

Renee - 4 months inventory. I can't wait till we get back to that here. We are running about 7 months now, and that's an improvement over what it was just a few months ago.

Renee, those numbers are looking better, could it be that maybe we are getting there, the infamous turn? I hope!! Boy I really had my tush kicked with this cold or flu, I think my fever broke last night, my head is still full.

Renee,

Summerlin is making some noise which is totally appreciated. We Vegas real estate pros like that.

Renee

Summerlin looks like it is holding it's own with the listings and pending; what kind of conversion time is there to closing on average. Sorry for the question; I just feel like an intellectual today.

OCT

Larry: That's good news as you are trending towards a stabilized market!!

Debbie: Luckily my cold thing only lasted a couple of days. Still sounds like I have a frog in my throat tho!

Esko: YES! (like your phrase of making noise!)

Tom: It's really really bad with the short sales diluting it. Contract to close is just under 60 days when you factor out short sales. Somewhere around 150 days with short sales in the mix.

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