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Las Vegas NV Area Sales by Type: Short Sales, REO, Standard Sales for March 2012 (includes Henderson & North Las Vegas)

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

Las Vegas Area Sales by Type

Las Vegas Area Sales by Type

Las Vegas Area Sales by Type History

Las Vegas Area Sales by Type

Las Vegas Area April 15, 2012 Active Listings by Type

  • REO: 1018 (17%)
  • Short Sale: 1964 (34%)
  • All Other: 2835 (49%)

Las Vegas Area Short Sale, REO & Standard Sales

 

March 2012 Sales by Type:

  • REO: 1812 (43%)
  • Short Sale: 1140 (27%)
  • Other: 1267 (30%)

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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Thanks, Renée Burrows 702-580-1783 Broker/Owner, REALTOR®
 

 

copyright 2006-2013 Renee Burrows, REALTOR®, Savvy Home Realty Solutions  702-966-2494

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Comments(10)

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Surprise Arizona Realtor Jim Braun Sun City Grand Active Adult Communities
Coldwell Banker Residential Brokerage Jim Braun Sun City Grand Az - Surprise, AZ
Surprise AZ real estate Phoenix West Valley

Rene: What a great report. Your reports are in such detail and give all the information. Good job!

Apr 28, 2012 06:03 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Renee  I know full well the amount of time, analysis and expertise required to devekop this Las Vegas market report.  Buyers and sellers would be wise to choose your representation

Apr 28, 2012 06:06 AM
Cindy Edwards
RE/MAX Checkmate - Johnson City, TN
CRS, GRI, PMN - Northeast Tennessee 423-677-6677

Hi Renees,

You really do such a fabulous job with your reports and graphs.  Great information.

Apr 28, 2012 06:27 AM
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

With 73% of your sales still being distressed, it appears you still have a long road to get back to the business of rising prices.

Apr 28, 2012 09:09 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Very interesting Renee.  Pretty amazing how large a percentage the short sale market is.  Very similar to our Port Saint Lucie market.

Apr 28, 2012 09:36 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, Looks like the short sale market still has mos of the "pie" in LV, and what's great is that they ARE selling!

Apr 28, 2012 10:03 PM
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Renee - you are definitely the expert realtor to go to in Las Vegas.

Apr 29, 2012 01:23 AM
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

Renee - I was hoping that you would be out of the short sale market by now. I guess it just takes a long time for Las Vegas real estate to recover.

Apr 29, 2012 02:29 AM
Esko Kiuru
Bethesda, MD

Renee,

Almost 3,000 homes sold in March were REOs and short sales, predictably most of them going to investors. 

May 10, 2012 12:56 PM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Thanks all for the comments!

Esko:  MORE THAN LIKELY!

May 26, 2012 02:49 AM
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