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Las Vegas NV Area Sales by Type: Short Sales, REO & Standard for Apr 2011 (includes Henderson & North Las Vegas

By Renée Donohue~Home Photography

Services for Real Estate Pros with Savvy Home Pix B.1000860.LLC

May 16, 2011 01:28 AM

Las Vegas Area Sales by Type

Las Vegas Area May 15, 2011 Active Listings by Type

REO: 3077 (22%)
Short Sale: 6660 (47%)
All Other: 4359 (31%)

Las Vegas Area Short Sale, REO & Standard Sales

April 2011 Sales by Type:

REO: 1816 (48%)
Short Sale: 900 (24%)
Other: 1074 (28%)

This is just a guide for consumers to see what types of properties are closing vs what is listed. Currently we have the most closes in the REO sector and the least inventory in the REO sector and it is an extreme seller's market.

Click here to see last month's Listing and Sales Type Report

Click here to view the most recent stats

What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?

General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley. They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.

View More FAQ About My Las Vegas Area Real Estate Market Reports.

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Steve, Joel & Steve A. Chain

Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA

Renee,

Your market reports are a great portal for your clients to see what the market is doing.

Have a productive week,

Steve

May 16, 2011 03:07 AM

Kevin J. May

Florida Supreme Realty - Hobe Sound, FL

Serving the Treasure & Paradise Coasts of Florida

This is the trending movement I had expected to see Renee. Thanks for the heads up!

May 16, 2011 03:14 AM

Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

Renee, I was thinking your market was getting closer to "normal", but looks like REO and short sale properties are still predominant!

May 16, 2011 03:58 AM

Bob Jakowinicz

National Realty Centers Livonia--Bob Jakowinicz - Livonia, MI

Michigan Real Estate Agent-- MI Real Adventures

Almost 70% are still either reo or shortsales still way to high and hopefully goes way down this year. Tough for regular sellers to compete with this

May 16, 2011 07:58 AM

Doug Anderson

Tucker Associates Real Estate Services - Danville, CA

Bay Area Real Estate Views

It's always nice to stop in for Las Vegas (and surrounding community) market reports Renne. Your charts and graphs really do contain a lot of information.

May 16, 2011 04:15 PM

Michelle Gibson

Hansen Real Estate Group Inc. - Wellington, FL

REALTOR

Renee - I'm always so surprised to see how many REO properties Las Vegas has.

May 16, 2011 04:32 PM

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400

The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY

Long Island Condo and Home Specialists

Renee, We are so amazed at the short sales in Vegas ~ there certainly looks like there are opportunities galore there!

May 17, 2011 04:30 AM

Jim Hale

ACTIONAGENTS.NET - Eugene, OR

Eugene Oregon's Best Home Search Website

On the vertical bar graphs, I think you should put the green for normal (the foundation of all) sales on the bottom with REO's (next to normal) in the middle and the Short Sales (farthest from normal) on the top.

May 17, 2011 03:40 PM

Renée Donohue~Home Photography

Savvy Home Pix - Allegan, MI

Western Michigan Real Estate Photographer

Thank you all for the comments!

Jim: That's a good idea! I need to reenergize my graphs and am waiting on getting the new version of MS Office to do that.

Jun 26, 2011 06:52 AM

Las Vegas NV Area Sales by Type: Short Sales, REO & Standard for Apr 2011 (includes Henderson & North Las Vegas

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