Las Vegas NV Area Sales by Type: Standard, REO, Short Sale December 2010 (includes Henderson & North Las Vegas)

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Services for Real Estate Pros with Savvy Home Pix B.1000860.LLC

Las Vegas Area Sales by Type

Las Vegas Area Sales by Type

Las Vegas Area Sales by Type History

Las Vegas Area Sales by Type

Las Vegas Area January 15, 2011 Active Listings by Type

  • REO:  3368 (22%)
  • Short Sale:  7724 (50%)
  • All Other:  4317 (28%)

Las Vegas Area Short Sale, REO & Standard Sales

 

December 2010 Sales by Type:

  • REO:  2025 (53%)
  • Short Sale:  1006 (26%)
  • Other:  825 (21%)

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 most recent stats

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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Thanks,  Renée Burrows 702-580-1783 Broker/Owner, REALTOR®
 

 

copyright 2006-2013 Renee Burrows, REALTOR®, Savvy Home Realty Solutions  702-966-2494

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Topic:
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Location:
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Groups:
Market Updates
Nevada/Las Vegas REO, Fourclosure, Short Sale Specialist
City and State
Las Vegas Foreclosures - Homes, High-Rises-Condos
Market Reports
Tags:
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las vegas reo

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Rainmaker
564,223
Steve, Joel & Steve A. Chain
Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA

Renee,

If someone had told me 10 years ago that the Banks would represent 53 persent of present sales IN ANY MARKET I would have thought they were... being silly.

Steve

Jan 21, 2011 02:55 AM #1
Rainmaker
682,798
Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula
Realty Works Temecula - Temecula, CA
Realty Works Temecula

Hi Renee:  Great report as usual.  Nevada is really becoming popular....I've seen Henderson, and Sun City listed as one of the "Hot Spots", in a National News article.

Jan 21, 2011 03:10 AM #2
Rainmaker
1,217,256
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

Renee:  Hidden amongst what would seemingly be poor news, is a silver cloud from what I'm reading.  Obviously those cities that were hurt the worst have the most potential for rebound and growth.  Just think how well you'll be positioned at that time, Renee!  And remember, a sale is a sale, no matter who the seller is ...

Gene

Jan 21, 2011 04:11 AM #3
Ambassador
1,508,132
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Steve:  Ditto & Scary.  I will up my thoughts & would have thought they were smoking crack.

Jane:  Henderson is definitely one of the most popular areas along with Summerlin.

Gene:  Bueno!

Jan 21, 2011 04:53 AM #4
Ambassador
698,891
Lee & Pamela St. Peter
Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522 - Raleigh, NC
Making Connections to Success in Real Estate

Renee, I LOVE your charts!  They are so visually appealing and understandable...  now wonder you are the Las Vegas Realtor® of choice!! 

Jan 21, 2011 07:12 AM #5
Rainmaker
982,178
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Renee, what's standard & normal, I am not familiar with those terms.  My comfort zone is really being pushed here.  Yours must be also!

Jan 21, 2011 09:51 AM #6
Rainmaker
1,333,244
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Renee - The amount of REO's that Las Vegas NV has is amazing. 

Jan 21, 2011 01:12 PM #7
Ambassador
1,508,132
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Lee & Pamela:  Thank you!

Kevin:  Another big haha!

Michelle:  Crazy too!

Jan 22, 2011 03:53 AM #8
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Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Renee  Being in Virginia I'm not qualified to comment on your Las Vegas area statistics, but I can compliment you on a very professionally prepared report - you have the science of market reports mastered

Jan 22, 2011 05:51 AM #9
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Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Karen:  Thanks as always for the comments!

Feb 23, 2011 12:17 AM #10
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