The absorption rate for Las Vegas Valley Area Short Sales is a strong seller's market. Since last month:  Active Listing Inventory has DECREASED by -44 units. Under Contract has DECREASED by -734 units. Sold units have DECREASED by -268 units.

There are many reasons for the lack of closings in this market and it is outlined in this post.

Short Sale Synopsis:

• Listings 12/15/2012: 916
• Pending 12/15/2012: 10779
• Closed November 2012: 1340

Short Sales Currently Account for:

• 20% of All Las Vegas Valley Listings
• 42% of All Las Vegas Valley Sales

Read here for last month's report on Las Vegas Area Short Sales.

Most Current Market Report For Short Sales

Information About the Short Sale Process for Las Vegas Area Short Sale Buyers & Sellers

What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?

General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley. They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.

View More FAQ About My Las Vegas Area Real Estate Market Reports.

What a greal deal on this young home in the North Las Vegas area! 

North Las Vegas Short Sale $79,999~North Las Vegas 1 Story Home For Sale is now under contract, but we can always take back up offers or help you find another home that meets your criteria.

One Story Home*Living Room*Dining Room*Seperate Family Room Open to Kitchen with Center Island*Granite Countertops*Stylish Tile Backsplash*Tile in Living Room, Dining Room, Family Room, Kitchen and Bathrooms.

Cherry Maple Cabinets in Kitchen, Bath & Laundry Room*Butlers Pantry*Extra Cabinets in Breakfast Nook*View of the Mountains from the Kitchen*Front Porch & Back Covered Patio

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What a greal deal on this young home in the North Las Vegas area! 

~North Las Vegas Home For Sale $79,999

One Story Home*Living Room*Dining Room*Seperate Family Room Open to Kitchen with Center Island*Granite Countertops*Stylish Tile Backsplash*Tile in Living Room, Dining Room, Family Room, Kitchen and Bathrooms.

Cherry Maple Cabinets in Kitchen, Bath & Laundry Room*Butlers Pantry*Extra Cabinets in Breakfast Nook*View of the Mountains from the Kitchen*Front Porch & Back Covered Patio

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