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Las Vegas NV Area Pendings Real Estate Market Report for December 2012 (includes Henderson & North Las Vegas)



Las Vegas Real Estate Inventory is seeing a major decrease as the aftermath of NV AB 284. Active listings are up stagnant at the moment but LOW LOW LOW! 2012 will be another interesting year for Las Vegas Real Estate!
Las Vegas Area Market Activity (Includes North Las Vegas, Henderson and Las Vegas)
Listings (1/15/2013): 4413 Under Contract (1/15/2013): 12866 Sold December 2012: 3487 Short Sales:
18% of Listings 47% of Sales REO (Foreclosures, Bank Owned:)
12% of Listings 10% of Sales In One Month: Listings are DOWN -258 units, Contracted Listings DOWN -873 units, Sales are UP +314 units. Close ratios are going lower because much of the pending inventory is short sales which requires LONGER close times.
Last Month's Pending Report
For Most Current Las Vegas Real Estate Inventory Market Report Click Here.
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. ... more

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