NV, LAS VEGAS: MARKET STATS -

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Services for Real Estate Pros

Las Vegas StatsI've personally seen a little bit more activity the last few weeks.  It will be interesting to see what happens in January...are people too wrapped up in the primary's and caucus'?  Do they (you) miss all the negativity in the news about the housing market?  Maybe by not hearing so much negativity will help drive the people out?

Inventory in Las Vegas is down just by almost 1,700+ over last month's figures.   Closings during December are down by 41 over November. Stats include all of Clark County NV. 

 

Las Vegas NV: Current Inventory Update
*11/1/200712/1/20071/8/2008
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Total Inventory:28,33127,10025,369
     Single Family Residential Inventory:22,02621,09119,798
     Condo/Townhouse Inventory:5,6935,4575,067
     Manufactured Homes Inventory:612552504
Total Pending/Contingent2,2832,4172,437
Total Vacant (active):13,49413,37413,029
Total Percent of Vacant:47%49%51%
Closings1,2461,1981,157

Call or e-mail me for all your Clark County NV real estate needs.

These figures do not include new homes (not in the MLS) or For Sale By Owners, nor do they include those bank owned properties not in the MLS.  All figures are per the GLVAR MLS system and are deemed to be correct but not guaranteed. 

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www.MaryW.com   or   www.MaryWarren.com

Comments (8)

Adam Brett
The Adam and Eric Group - Fullerton, CA
The Adam and Eric Group, Fullerton's Finest
Nice analysis.  The same thing is happenning here, but I am a bit pessimistic at this time.
Jan 08, 2008 02:24 PM
Anonymous
Tim Shepard

Do you have the same stats for 2004, 2005, and 2006?

 Interesting to see what the trend has been.

 Good analysis

 

Jan 08, 2008 02:36 PM
#2
Mary Warren
Las Vegas, NV
Don't know if these stats are available for that far back...will check into it and if it is I'll do something up.
Jan 08, 2008 02:49 PM
Charles McDonald®
Charlottesville Solutions - Charlottesville, VA
REALTOR®, Principal Broker®, Owner

I certainly hope that you are correct. Could be that the election is keeping attention but then again the Stock Market is not helping... we will see!

Your friend in Charlottesville

Jan 08, 2008 10:13 PM
Rey Gallegos
Supreme Lending (NMLS ID #2129) - Las Vegas, NV
FHA, VA, Home Loans Las Vegas, NV

Mary,

Inventory decreased and pending/contingent increased.  You can not ask for much more than that!  I am still here!

Jan 10, 2008 04:59 AM
Candy Henthorne
Results Realty - Spring, TX
Spring Texas Real Estate
Mary - I like seeing what the rest of the country is doing.  I keep an open mind when it comes to the media.
Jan 10, 2008 03:29 PM
Lance Winslow
The Car Wash Guy - Malibu, CA
Thanks very much for this information, I am watching your market very closely and this sure helps what I am doing, Lance.
Jan 14, 2008 08:43 PM
Julie Neerings~Lifting Hearts ♥ Building Dreams~
Agent Referral - Salt Lake City, UT
Mary-What a very informative post on your numbers.  You did a fantastic job here.  I still continue to be optimistic great change is on it's way.  Have a wonderful day!
Jan 17, 2008 12:04 AM