Real Estate Blog - Las Vegas November 2007 Rental Home Report

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Las Vegas November 2007 Rental Home Report

Average rents have decreased from last two months, median rents down also as we saw inventory rise yet absorption remained healthy.

Units Leased:

November 2007: 1452
October 2007: 1501
November 2007: 1009

Average Monthly Rental Rates:

November 2007: $1493
October 2007: $1511
November 2006: $1254
January 2007: $1295

Median Monthly Rental Rates:

November 2007: $1200
September 2007: $1295
November 2006: $1195

Absorption Rate is stable and remains a Landlord's Market at 2.8 months of inventory in the Rental Sector for the Las Vegas Valley.

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Posted by Renee Burrows - Las Vegas NV Valley - Homes For Sale - SRES - SRS - AHWD - ABR on 12/08/2007 06:40 PM

las vegas rentals, las vegas nv real estate

Originally posted at: Nevada Real Estate >> Las Vegas Real Estate Specialist: Las Vegas November 2007 Rental Home Report

This post has been included in Nevada Information Clark County, NV Information Henderson, NV Information

1 Comments on Las Vegas November 2007 Rental Home Report

DEC

08

2007

You are very informative. Where do you find the time? Good Job!

Jim Wire

This blog does not allow anonymous comments

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Renee Burrows - Las Vegas NV Valley - Homes For Sale - SRES - SRS - AHWD - ABR

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Address: 7465 W Lake Mead # 100, Las Vegas, NV, 89128

Office Phone: (702) 966-2494 x 0

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