Economic Conditions for the Las Vegas Valley December 2009 Housing Conditions:   Foreclosure/Short Sale Listings (2/15/2010): Total Listings 10211; Short Sales: 4834, 47% of all listings; Bank Owned Listings: 1738, 17% of all listings. Short sale and REO listings consume 64% of total listings New Home Sales (Juanary 2010, units sold): 240 Year Change -15.5% (excl condo conversions, highrises) New Home Sales (January 2010, median price): $200,716 Year Change -14.6% (excl condo conversions, highrises) Existing Home Sales (January 2010, units sold): 3774 Year Change +22.7% Existing Home Sales (January 2010, median price): $125,000 Year Change: -19.4% New Home Permits (January 2010): 380 Year Change +112.3% Rental Rate (MLS Monthly Average January 2010): $1582/month  My analysis:  Distresse... 03/03/2010