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North Las Vegas real estate - September, 2008 market statistics

By John Novak

Real Estate Agent with Keller Williams Realty The Marketplace NV License # 56750

October 03, 2008 07:00 PM

Listed below are the current inventory and September, 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 call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!

Total Homes Available:

3,593 (as of October 3, 2008)

Single-Family: 3,363 (5.2 month supply*)
Condo: 115 (9.6 month supply)
Townhouse: 115 (7.7 month supply)

Total Contingent and Pending Sales:

1,469 (as of October 3, 2008)

Single-Family: 1,413
Condo: 24
Townhouse: 32

September, 2008 Sales:

Single-Family: 647 (Price range: $50,000 - $720,000)
Condo: 12 (Price range: $72,000 - $120,000)
Townhouse: 15 (Price range: $80,000 - $187,000)

North Las Vegas Real Estate - 6 month Sales Trend

Sales per month
	Apr	May	Jun	Jul	Aug	Sep
Single Family	400	465	521	656	615	647
Condominium	4	5	8	13	13	12
Townhouse	8	8	9	12	13	15

Median Selling Price:

Single-Family: $180,000
Condo: $99,450
Townhouse: $110,000

North Las Vegas Real Estate - 6 month Price Trend

Median price by month
	Apr	May	Jun	Jul	Aug	Sep
Single Family	$220,000	$215,000	$204,000	$200,000	$195,000	$180,000
Condominium	$133,500	$125,000	$98,875	$105,000	$95,000	$99,450
Townhouse	$157,000	$134,750	$150,000	$133,100	$116,000	$110,000