Las Vegas Real Estate - April, 2009 market statistics

Listed below are the current inventory and April, 2009 statistics for home sales in the Las Vegas real estate market. If you have any questions or need more information about real estate in Las Vegas, call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!

Total Homes Available:

10,756  (as of May 5, 2009) 

• Single-Family:  7,595  (3.9 month supply*)
• Condo:  2,399  (5.9 month supply)
• Townhouse:  762  (4.6 month supply)

Total Contingent and Pending Sales:

7,245  (as of May 5, 2009)

• Single-Family:  5,824
• Condo:  1,073
• Townhouse:  348

April, 2009 Sales:

Single-Family:  1,969  (Price range: $13,000 - $5,000,000) Condo:  407  (Price range: $15,000 - $650,000) Townhouse:  167  (Price range: $14,500 - $459,000)

Sales per month               Nov Dec Jan Feb Mar Apr Single Family 1351 1471 1448 1435 1920 1969 Condominium 217 260 263 267 352 407 Townhouse 92 109 94 90 134 167

Median Selling Price:

Single-Family:  $130,000 Condo:  $57,100 Townhouse:  $71,126

Median price by month               Nov Dec Jan Feb Mar Apr Single Family $180,000 $169,900 $151,500 $149,000 $140,000 $130,000 Condominium $79,900 $79,700 $70,000 $69,900 $63,850 $57,100 Townhouse $121,545 $107,500 $93,625 $78,950 $73,950 $71,126

Average Days on Market:

• Single-Family:  66
• Condo:  83
• Townhouse:  82

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 201-505.
* - Supply = Homes Available/April Sales

Previous reports:

     Las Vegas Real Estate - March, 2009 market statistics
     Las Vegas Real Estate - February, 2009 market statistics
     Las Vegas Real Estate - January, 2009 market statistics