Listed below are the current inventory and January, 2008 statistics for home sales in the Las Vegas, Nevada real estate market. If you have any questions or need more information about real estate in Las Vegas, Nevada call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!

Total Homes Available:

• Single-Family:  11,501  (20.0 month supply*)
• Condo:  2,979  (34.2 month supply)
• Townhouse:  993  (22.6 month supply)

Total Contingent and Pending Sales:

1,761  (as of February 4, 2008)

• Single-Family:  1,448
• Condo:  230
• Townhouse:  83

Single-Family:  575  (Price range: $62,000 - $5,800,000) Condo:  87  (Price range: $103,000 - $1,800,000) Townhouse:  44  (Price range: $129,900 - $516,000)

Sales per month   Aug Sep Oct Nov Dec Jan '08 Single Family 782 610 611 582 544 575 Condominium 138 105 105 81 75 87 Townhouse 88 61 46 54 51 44

Single-Family:  $249,000 Condo:  $146,000 Townhouse:  $198,000

Median price by month   Aug Sep Oct Nov Dec Jan '08 Single Family $296,338 $280,000 $270,000 $260,000 $260,000 $249,000 Condominium $172,250 $1635000 $152,000 $163,800 $160,000 $146,000 Townhouse $207,500 $185,900 $187,250 $193,500 $201,000 $198,000

• Single-Family:  89
• Condo:  104
• Townhouse:  101

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 201-505.
* - Supply = Homes Available/January Sales

Neighborhood reports - 4th quarter, 2007:

See also:
     Las Vegas real estate - December, 2007 market statistics
     Las Vegas real estate - November, 2007 market statistics
     Las Vegas real estate - October, 2007 market statistics