Las Vegas NV Area Sales by Type: Short Sales, REO, Standard Sales for February 2012 (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 March 15, 2012 Active Listings by Type

  • REO: 1235 (17%)
  • Short Sale: 2965 (41%)
  • All Other: 3059 (42%)

Las Vegas Area Short Sale, REO & Standard Sales

 

February 2012 Sales by Type:

  • REO: 1623 (44%)
  • Short Sale: 1083 (30%)
  • Other: 933 (26%)

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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Las Vegas Foreclosures - Homes, High-Rises-Condos
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Rainmaker
2,255,531
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Renee: This is a fantastic snapshot of the Las Vegas REO and Short Sale markets.  Good information for consumers looking to jump into the market.

Mar 26, 2012 11:32 PM #1
Rainmaker
723,679
Ed & Tracy Oliva
West USA Realty - Arizona - Fountain Hills, AZ
The Oliva Team Arizona Agents

Renee:  This is some good Info for all,good luck with your business and good luck in 2012.  E

Mar 26, 2012 11:34 PM #2
Rainmaker
915,337
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

I love those charts, but I'm sureprised that short sales are still so much of the Las Vegas market. They have to stop some time don't they?

Mar 26, 2012 11:50 PM #3
Rainmaker
820,740
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Renee, it's interesting that your Las Vegas real estate market has 44% REO sales but the current inventory of active listings which are REO's is only 17%.  It looks like your Las Vegas real estate market is changing for the better.

Mar 27, 2012 12:50 AM #4
Ambassador
1,507,202
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Thanks all for the comments!  We definitely have a game changer in the works Larry & Juli!

Apr 28, 2012 05:48 AM #5
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