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Las Vegas Real Estate Market Report: 09/21/11

By
Real Estate Agent
Las Vegas Real Estate Market Report: 09/21/11

This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (National Association of Residential Real Estate Investment Advisors). For the week of September 21, 2011, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR)
Available -- 10,994 (-97, Last Week 11,091)
Under Contract -- 11,125 (+74, Last Week 11,051)
Days of Supply -- 30 (+0, Last Week 30)
Short Sales -- 12,164 (+4, Last Week 12,160)

Condominiums and Town Homes (CONDO/TH)
Available -- 2,075 (-11, Last Week 2,086)
Under Contract -- 2,228 (-33, Last Week 2,261)
Days of Supply -- 28 (+0, Last Week 28)
Short Sales -- 2,332 (-25, Last Week 2,357)

Combined SFR + CONDO/TH
Available -- 13,069 (-108, Last Week 13,177)
Under Contract -- 13,353 (+41, Last Week 13,312)
Days of Supply -- 29 (-1, Last Week 30)
Short Sales -- 14,496 ( -21, Last Week 14,517)

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James Muhammad
RE/MAX Champions - Upland, CA
RE/MAX Vision

This is great information Albie. I always read and hear about Las Vegas on/in the news and now I know why. Thank for sharing the info!

Sep 22, 2011 05:44 PM