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North Las Vegas real estate - July, 2008 market statistics

Listed below are the current inventory and July, 2008 statistics for home sales in the North Las Vegas Nevada real estate market. If you have any questions or need more information about real estate in North 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:

3,562 (as of August 13, 2008)

Single-Family: 3,334 (5.1 month supply*)
Condo: 122 (9.4 month supply)
Townhouse: 106 (8.8 month supply)

Total Contingent and Pending Sales:

1,622 (as of August 13, 2008)

Single-Family: 1,568
Condo: 26
Townhouse: 28

July, 2008 Sales:

Single-Family: 656 (Price range: $45,000 - $1,098,000)
Condo: 13 (Price range: $57,000 - $140,000)
Townhouse: 12 (Price range: $104,000 - $178,968)

North Las Vegas real estate - 6 month Sales Trend

Sales per month
	Feb	Mar	Apr	May	Jun	Jul
Single Family	228	326	400	465	521	656
Condominium	1	6	4	5	8	13
Townhouse	9	4	8	8	9	12

Median Selling Price:

Single-Family: $200,000
Condo: $105,000
Townhouse: $133,100

North Las Vegas real estate - 6 month Price Trend

Median price by month
	Feb	Mar	Apr	May	Jun	Jul
Single Family	$229,900	$216,500	$220,000	$215,000	$204,000	$200,000
Condominium	$119,000	$121,250	$133,500	$125,000	$98,875	$105,000
Townhouse	$159,000	$176,000	$157,000	$134,750	$150,000	$133,100

Average Days on Market:

Single-Family: 62
Condo: 87
Townhouse: 61


	Feb	Mar	Apr	May	Jun	Jul
Single Family	96	90	75	75	69	62
Condominium	243	146	42	94	100	87
Townhouse	100	55	58	54	61	61

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 101-103.
* - Supply = Homes Available/July Sales

Posted by John Novak - Las Vegas and Henderson NV Real Estate on 08/14/2008 01:32 AM

Comments (8)

North Las Vegas in the Regional (Localism) Channel

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Originally posted at: Las Vegas, Henderson and North Las Vegas Real Estate: North Las Vegas real estate - July, 2008 market statistics

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8 Comments on North Las Vegas real estate - July, 2008 market statistics

AUG

2008

Thank you for all of the data. All of the local information that you have included here helps our investment real estate company to continually monitor market data/trends ... thank you again!

Hi there, love all your data since I post lots of data too. Doesn't get comments, but it does get me calls from banks and people who value the info... potential clients!

Nice update. I am sure people look forward to reading your posts.

AUG

2008

John, I LOVE your graphs....did you make them up in Excel or ???? I'm all about the visuals. Your trend looks like our's. Every month, more closings than the month before. ;-)

AUG

2008

John - Excellent presentation for what is going on in the Las Vegas Real Estate market. Your graphs look great.

AUG

2008

John - loved all the Las Vegas data, I think it's interesting to see what is going on in other states. Your graphs and charts are the best I have seen on AR.