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Las Vegas NV Area REO Inventory Report for December 2010 (includes Henderson & North Las Vegas)

Las Vegas Area REO Inventory has FALLEN since last report (-41 units), Under Contracts have FALLEN (-334) units  Closing data has RISEN (+453) units.  Low interest rates have spurred a flurry of buyer interest & activity  and it continues.  
REO sales accounted for 53% of all Las Vegas Area Valley resale closings in December 2010.  REO listings account for only 22% of total resale listings.
Current Listed Bank Owned Statistics:
Listings (1/15/2011):  3368 Under Contract (1/15/2011): 2560 Sold December 2010:  2025 View Last Month's Report Here  
For Most Current Las Vegas REO Inventory Market Report.
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.
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