| The Knight Group | ||||||||
| Serving My Clients Like I Served My Country | ||||||||
| Current Las Vegas, NV Inventory Update | ||||||||
| As of: DECEMBER 28TH, 2008 | ||||||||
| SFR Inventory: | 17,048 | |||||||
| Condo/Townhome Inventory: | 4,618 | |||||||
| Total Inventory: | 21,666 | |||||||
| Total Pending: | 28.8% | 6,247 | ||||||
| Total Under Contract Last 30 Days: | 14.2% | 3,068 | ||||||
| Total Vacant: | 13,842 | |||||||
| Total % Vacant: | 64% | |||||||
| Total Months of Inventory: | 7.1 | |||||||
| Short Sale Inventory | 30.9% | 6,701 | ||||||
| Forclousure Inventory | 36.4% | 7,894 |
Vacancy rate is still climbing. 6 out of every ten houses for sale in Las Vegas are vacant!! We've been hovering around the 7 months of inventory level for the last few months.
Bryan Knight, REO Specialist in Las Vegas, NV
Follow me at www.twitter.com/KnightREO
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