This is the latest Las Vegas Real Estate Market Report from http://www.narreia.com/ (National Association of Residential Real Estate Investment Advisors). For the week of January 16, 2008, data is obtained from the Greater Las Vegas Association of Realtors MLS.
 

Single Family Residence (SFR)
Available - 19,170 (+94 , Last Week 19,076)
Under Contract - 2,147 (+147 , Last Week 2,000)
Days of Supply - 268 (-19 , Last Week 287)
Short Sales - 4,150 (+158 , Last Week 3,992)

Condominiums and Town Homes (CONDO/TH)
Available - 5,017 (-21 , Last Week 5,038)
Under Contract - 382 (+16 , Last Week 366)
Days of Supply - 394 (-19 , Last Week 413)
Short Sales - 583 (+12 , Last Week 571)

Combined SFR + CONDO/TH
Available - 24,187 (+73 , Last Week 24,114)
Under Contract - 2,529 (+163 , Last Week 2,366)
Days of Supply - 287 (-19 , Last Week 306)
Short Sales - 4,733 (+170 , Last Week 4,563)