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NV, LAS VEGAS: MARKET STATS -

Las Vegas Stats I've personally seen a little bit more activity the last few weeks. It will be interesting to see what happens in January...are people too wrapped up in the primary's and caucus'? Do they (you) miss all the negativity in the news about the housing market? Maybe by not hearing so much negativity will help drive the people out?

Inventory in Las Vegas is down just by almost 1,700+ over last month's figures. Closings during December are down by 41 over November. Stats include all of Clark County NV.

Las Vegas NV: Current Inventory Update
*	11/1/2007	12/1/2007	1/8/2008
*	*	*	*
Total Inventory:	28,331	27,100	25,369
Single Family Residential Inventory:	22,026	21,091	19,798
Condo/Townhouse Inventory:	5,693	5,457	5,067
Manufactured Homes Inventory:	612	552	504
Total Pending/Contingent	2,283	2,417	2,437
Total Vacant (active):	13,494	13,374	13,029
Total Percent of Vacant:	47%	49%	51%
Closings	1,246	1,198	1,157

Call or e-mail me for all your Clark County NV real estate needs.

These figures do not include new homes (not in the MLS) or For Sale By Owners, nor do they include those bank owned properties not in the MLS. All figures are per the GLVAR MLS system and are deemed to be correct but not guaranteed.

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Posted by Mary Warren on 01/08/2008 10:22 PM

Comments (8)

marysellslv, localism, las vegas market stats

Originally posted at: : NV, LAS VEGAS: MARKET STATS -

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

8 Comments on NV, LAS VEGAS: MARKET STATS -

JAN

2008

Nice analysis. The same thing is happenning here, but I am a bit pessimistic at this time.

Do you have the same stats for 2004, 2005, and 2006?

Interesting to see what the trend has been.

Good analysis

Don't know if these stats are available for that far back...will check into it and if it is I'll do something up.

JAN

2008

I certainly hope that you are correct. Could be that the election is keeping attention but then again the Stock Market is not helping... we will see!

Your friend in Charlottesville

JAN

2008

Mary,

Inventory decreased and pending/contingent increased. You can not ask for much more than that! I am still here!

Mary - I like seeing what the rest of the country is doing. I keep an open mind when it comes to the media.

JAN

2008

Thanks very much for this information, I am watching your market very closely and this sure helps what I am doing, Lance.

JAN

2008

Mary-What a very informative post on your numbers. You did a fantastic job here. I still continue to be optimistic great change is on it's way. Have a wonderful day!

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