las vegas listings: Las Vegas NV Area Short Sale Real Estate Market Report for October 2010 (includes Henderson & North Las Vegas)
- 11/15/10 11:20 AM
The absorption rate for Las Vegas Valley Area Short Sales is finally seeing movement. Inventory has INCREASED by +319 units. Under Contract has DECREASED by -440 units. Sold units have DECREASED by -135 units.
There are many reasons for the lack of closings in this market and it is outlined in this post.
Short Sale Synopsis:
Listings 11/15/2010: 7697 Pending 11/15/2010: 8324 Closed October 2010: 927 Short Sales Currently Account for:
49% of All Las Vegas Valley Listings 28% 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 … (6 comments)
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las vegas listings: Las Vegas, NV Area High & Mid Rise Real Estate Inventory Market Report for September 2010
- 11/13/10 04:40 AM
Las Vegas High Rise Rentals:
289 Listed 10/15/2010 13 Under Contract 10/15/2010 63 Leased September 2010 4.6 Months Inventory Low Leased Price: $895/Month (Park Avenue) Median Leased Price: $1550 (Panorama Towers) High Leased Price: $7000 (City Center)
Las Vegas High Rise Resales:
511 Listed 10/15/2010 249 Under Contract 10/15/2010 94 Closed September 2010 5.4 Months Inventory Low List Price: $39000 (Lake Las Vegas) Median List Price: $171825 (Panorama Towers) High List Price: $3583000 (City Center) This Market is extremely volatile due to the boutique nature and lack of financing. Read last month's report here.
This report is compiled by … (22 comments)
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las vegas listings: Cash or Credit? Las Vegas Area REO Financing Profiles for September 2010 (includes Henderson & North Las Vegas)
- 11/12/10 10:28 AM
Cash is the obvious dominator with overall Las Vegas Area REO Purchases. Cash not only dominates but CRUSHES financed purchases under $75000. The primary reason is the stuff priced under $75000 is unhabitable and ineligible for financing or is condo ineligible for financing.
Asset managers for REO also may choose cash offers that may be lower than financed simply because financed offers have exceeded their appraised price on the property or because there are less contingencies and they can close quicker (which takes the asset - or liability - off of their books quicker.)
Condo financing is currently a … (11 comments)
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las vegas listings: Siena Sun Colony (Las Vegas NV ) Real Estate Market Report for September 2010
- 11/12/10 03:17 AM
Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles.
Siena (Sun Colony, not a true "Sun City" but appropriate age restricted community for this report) is located in the Summerlin Area of Las Vegas, NV (zip 89135). There are 2029 Homes in Siena ranging from 1034-3875 Square Feet. Community Amenities Include: Guard Gated, Gommunity Golf, Pool, Tennis, Gym, Clubhouse.
Siena Sun Colony Market Report:
Listings (10/15/2010): 74 Under Contract (10/15/2010): 20 Sold September 2010: 9 Siena Sun Colony Summerlin is currently enjoying a seller's market. Since last month: … (4 comments)
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las vegas listings: Las Vegas NV Area Rental Market Report for September 2010 (includes Henderson & North Las Vegas)
- 11/11/10 12:25 PM
Renters are becoming buyers finally as resale purchase prices drop and economic conditions in the valley are preventing high numbers of new incoming residents to move here. This has softened rental prices slightly as many investors are buying all cash in the market currently and then renting. More homes available for rent (higher supply) and less renters (lower demand.)
Units Leased:
September 2010: 2171 August 2010: 2300 July 2010: 2106 June 2010: 2214 May 2010: 2049 April 2010: 2210 March 2010: 2269 February 2010: 2100 January 2010 1784 December 2009: 1713 November 2009: 1691 October 2009: 2015 September 2009: 1849 … (5 comments)
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las vegas listings: Sun City Summerlin (Las Vegas, NV) Real Estate Market Report for September 2010
- 11/10/10 12:26 PM
Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles. For More Sun Cities, Click Here!
Sun City Summerlin is located in the Summerlin Area of Las Vegas, NV (zip 89134). There are 3470 homes in Sun City Summerlin ranging from 1021-4051 Square Feet. Community Amenities Include: Community Golf, Tennis, Gym, Pool, Spa, Recroom
Sun City Summerlin Market Report:
Listings 10/15/2010: 71 Under Contract 10/15/2010: 17 Sold Sept 2010: 8 Since Last Month: Listings are UP +11, Contracted Escrows are DOWN -2 and Sold Units are DOWN -8
… (12 comments)
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las vegas listings: Sun City Anthem (Henderson, NV) Real Estate Market Report for September 2010
- 11/08/10 11:51 PM
Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles.
Sun City Anthem is located in the Anthem Area of Henderson, NV (zip 89052 and 89044). There are 7312 Homes in Sun City Anthem ranging from 1080-4567 Square Feet. Community Amenities Include: Community Golf, Gym, Pool, Spa, Tennis, Clubhouse and Recroom
Sun City Anthem Market Report:
Listings (10/15/2010): 132 Under Contract (10/15/2010): 69 Sold September 2010: 23 Since Last Month's Report: Listings DOWN -18, Contracted Escrows UP +12, Solds DOWN -4. Sun City Anthem is currently enjoying a stable market.
For Current … (7 comments)
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las vegas listings: Rhodes Ranch Area (Las Vegas NV) Real Estate Market Report for September 2010 (Rental & Resale)
- 11/08/10 05:52 AM
Rhodes Ranch Area Resale Market Report (homes for sale, pending and sold):
Active Listings (10/15/2010): 373 Under Contract (10/15/2010): 339 Sold September 2010: 102 Low: $57500 (Vistana Condo) Median: $138,950 (Westchester Hills) High: $1,000,000 (Area Custom)
Rhodes Ranch Area Rental Market Report (homes for rent, contingent, leased)
Active Listings (10/15/2010): 122 Under Contract (10/15/2010): 25 Leased September 2010: 53 Low: $650/month (Arby (Esplanade) Condo) Median: $1199/month (Wineridge) High: $5000/month (Area Custom)
Last Month's Market Report
Includes: Apache Hills, Apache Springs (The Falls), Astoria Homes at Rhodes … (4 comments)
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las vegas listings: Desert Shores (Las Vegas, NV) Real Estate Market Report for September 2010
- 11/06/10 01:34 AM
Desert Shores September 2010 Real Estate Resale Market Report (Homes For Sale/Under Contract/Sold):
Listings (10/15/2010): 99 Under Contract (10/15/2010): 77 Sold September 2010: 24 Since Last Month: Listings are UP +24, Pendings are DOWN -14, Sold Units are UP +12
For Current and Past Desert Shores Market Reports
View Desert Shores Homes For Sale Here (Updated Daily)
More Information on Desert Shores Real Estate Here
More Las Vegas Communities Here
… (11 comments)
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las vegas listings: Summerlin (Las Vegas, NV) Real Estate Market Report for September 2010
- 11/05/10 04:38 AM
Summerlin September 2010 Real Estate Resale Market Report:
Listings (10/15/2010): 878 Under Contract (10/15/2010): 560 Sold September 2010: 156 Since Last Month's Report:
Listings UP +49 Pendings DOWN -10 Sold Units DOWN -11 For Current and Past Summerlin Market Reports
View Summerlin Homes For Sale Here (Updated Daily)
More Information on Summerlin Real Estate Here (Includes Video & Map)
More Las Vegas Communities Here
… (4 comments)
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las vegas listings: Sun City McDonald Ranch (Henderson, NV) Real Estate Market Report for September 2010
- 11/04/10 08:26 AM
Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles.
Sun City MacDonald Ranch is located in the Green Valley Area of Henderson, NV (zip 89012). There are 893 Homes in Sun City MacDonald Ranch ranging from 1020-2489 Square Feet. Community Amenities Include: Clubhouse, Community Golf, Gym, Pool, Spa, Tennis
Sun City MacDonald Ranch Market Report:
Listings (10/15/2009): 12 Under Contract (10/15/2009): 6 Sold September 2010: 2 Sun City MacDonald Ranch is currently enjoying a stable market. Since Last Month: Listings UP +1, Pendings DOWN -1, Sold Units DOWN -1.
… (8 comments)
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las vegas listings: Mountain's Edge (Las Vegas NV) Real Estate Market Report for September 2010
- 11/02/10 01:06 AM
Mountain's Edge September 2010 Real Estate Resale Market Report:
Listings (10/15/2010): 316 Under Contract (10/15/2010): 314 Sold September 2010: 72 Since Last Month: Listings are UP +19, Pendings are DOWN -32, Sales are UP +20
Last Month's Mountain's Edge Market Report
View Mountain's Edge Homes For Sale Here (Updated Daily)
More Information on Mountain's Edge Real Estate Here
More Las Vegas Communities Here
… (15 comments)
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las vegas listings: Sun City Aliante (North Las Vegas, NV) Real Estate Market Report for September 2010
- 11/01/10 06:43 AM
Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles.
Sun City Aliante is located in the Aliante Area of North Las Vegas, NV (zip 89084). There are 1829 homes in Sun City Aliante ranging from 1157-2104 Square Feet. Community Amenities Include: Community Golf, Clubhouse, Gym, Pool, Spa, Tennis, Recroom.
Sun City Aliante Market Report:
Listings (10/15/2010): 52 Under Contract (10/15/2010): 24 Sold September 2010: 5 Sun City Aliante is currently enjoying a stable to buyer's market.
Since Last Month: Aliante Sun City, North Las Vegas Listings UP +17, Contracted … (6 comments)
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las vegas listings: The Lakes (Las Vegas, NV) Real Estate Market Report for September 2010
- 11/01/10 03:18 AM
The Lakes September 2010 Real Estate Resale Market Report:
Listings (10/15/2010): 88 Under Contract (10/15/2010): 53 Sold September 2010: 21 Since Last Month's Report: Listings UP +10, Pendings DOWN -10, Sold Units NO CHANGE.
For Current and Past The Lakes Market Reports
View The Lakes Homes For Sale Here (Updated Daily)
More Information on The Lakes Real Estate Here
More Las Vegas Communities Here
… (3 comments)
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las vegas listings: Arlington Ranch (Las Vegas, NV) Real Estate Market Report for September 2010
- 10/29/10 03:32 AM
Arlington Ranch September 2010 Real Estate Resale Market Report
Listings (10/15/2010): 27 Under Contract (10/15/2010): 49 Sold September 2010: 17 Arlington Ranch changes since last month: Listings DOWN -5, Pendings UP +6, Sold units UP +3.
Last Month's Arlington Ranch Market Report
View Arlington Ranch Homes For Sale Here (Updated Daily)
More Information on Arlington Ranch Real Estate Here
More Las Vegas Communities Here
… (6 comments)
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las vegas listings: Charleston Heights (Las Vegas, NV) Real Estate Market Report for September 2010
- 10/28/10 06:27 AM
Charleston Heights September 2010 Real Estate Resale Market Report:
Listings (10/15/2010): 161 Under Contract (10/15/2010): 137 Sold September 2010: 43 Since Last Month: Listings are UP +5 units, Pendings are UP +2 units, Solds are DOWN -1 units.
For Current and Past Charleston Heights Market Reports
View Charleston Heights Homes For Sale Here (Updated Daily)
More Information on Charleston Heights Real Estate Here
More Las Vegas Communities Here
… (3 comments)
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las vegas listings: Las Vegas, NV Area September 2010 Sold Terms and Trends (includes North Las Vegas & Henderson)
- 10/27/10 03:42 AM
Cash REMAINS KING in the Las Vegas Area Real Estate Market!!! It is important for every buyer in the Las Vegas Area Real Estate Market to understand who their buyer competition is in this currently competitive seller's market LV is enjoying! It is important to understand how a seller looks at each financing type:
Cash Offers: Generally have less contingencies and quicker close times. A cash offer may be accepted even if it is lower than a financed offer.
Conventional Financing: Less strict with lender required repairs but larger down payments and more strict credit guidelines.
FHA/VA Financing: Requires more scrutiny with lender required repairs via appraisal. In … (9 comments)
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las vegas listings: Southern Highlands (Las Vegas NV) Real Estate Market Report for September 2010
- 10/26/10 10:02 AM
Southern Highlands September 2010 Real Estate Resale Market Report (Homes For Sale/Under Contract/Sold):
Listings (10/15/2010): 244 Under Contract (10/15/2010): 185 Sold September 2010: 45 Since Last Month: Listings are UP +35, Pendings are DOWN -7, Sold Units DOWN -12
Last Month's Southern Highlands Market Report
View Southern Highlands Homes For Sale Here (Updated Daily)
More Information on Southern Highlands Real Estate Here
More Las Vegas Communities Here
… (6 comments)
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las vegas listings: Las Vegas NV Area Real Estate Sales by Type for September 2010 (Includes Henderson & North Las Vegas
- 10/25/10 02:42 AM
Las Vegas Area October 15, 2010 Active Listings by Type
REO: 3176 (21%) Short Sale: 7378 (49%) All Other: 4541 (30%)
September 2010 Sales by Type:
REO: 1530 (44%) Short Sale: 1059 (31%) Other: 851 (25%) This is just a guide for consumers to see what types of properties are closing vs what is listed. Currently we have the most closes in the REO sector and the least inventory in the REO sector and it is an extreme seller's market.
Click here to see last month's Listing and Sales Type Report
Click here to view the … (6 comments)
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las vegas listings: Sun City MacDonald Ranch (Henderson, NV) Real Estate Market Report for Sept 2010
- 10/23/10 05:01 AM
Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles.
Sun City MacDonald Ranch is located in the Green Valley Area of Henderson, NV (zip 89012). There are 893 Homes in Sun City MacDonald Ranch ranging from 1020-2489 Square Feet. Community Amenities Include: Clubhouse, Community Golf, Gym, Pool, Spa, Tennis
Sun City MacDonald Ranch Market Report:
Listings (9/15/2009): 11 Under Contract (9/15/2009): 7 Sold August 2010: 3 Sun City MacDonald Ranch is currently enjoying a stable market. Since Last Month: Listings DOWN -2, Pendings UP +2, Sold Units UP +2.
… (10 comments)
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