Las Vegas, Henderson, NV Rental Statistics by Location, w/ Map 11/2012

By
Real Estate Agent with Silver State Realty & Investments

Compare these stats to the data collected in July 2011 

 

The following rental statistics are all median values on single family detached homes and patio homes leased within the last 6 months.  They are between 1000 to 3000 square feet, built after 1996, without pools and without furniture.  Age restricted communities have not been included in these stats.

Area Square Feet Rented Price RP/SqFt Days on Market Units Rented Available Units Current Supply
             
101 1366 $900 $0.66 67 102 43 2.5 months
102 1740 $1,149 $0.64 33 537 185 2.1 months
103 1741 $1,075 $0.61 39 1233 525 2.6 months
201,202,203 1435 $875 $0.60 53 209 102 2.9 months
204 1552 $1,000 $0.64 29 223 99 2.7 months
303 1605 $1,175 $0.71 26 704 188 1.6 months
402,403 1628 $999 $0.67 25 37 14 2.3 months
404 1751 $1350 $0.76 22 415 124 1.8 months
405 1718 $1,100 $0.65 37 790 258 2 months
502 1831 $1,325 $0.74 24 439 108 1.5 months
503 1730 $1,195 $0.68 28 444 132 1.8 months
504 1740 $1,150 $0.67 28 987 277 1.7 months
505 1839 $1,200 $0.67 27

672

181 1.6 months
601,602 1684 $1,225 $0.73 27 144 46 1.9 months
603,604 1587 $1,150 $0.70 32 153 37 1.5 months
605 1673 $1,200 $0.71 25 171 40 1.4 months
606 1904 $1,400 $0.77 21 445 112 1.5 months

** GLVAR Deems Information Reliable, But Not Guaranteed **

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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Damon, so highest supply in any area is less than 3 months. Officially, we can call it a seller's market!

Nov 03, 2012 08:55 AM #1
Rainmaker
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Damon Botticelli
Silver State Realty & Investments - Las Vegas, NV
Realtor - Las Vegas Real Estate

Praful - While it certainly is a seller's market in Las Vegas right now, the same rule of thumb doesn't seem apply to rentals.  Anything over 6-7 weeks supply and it starts to feel like a tenant's market.

Nov 03, 2012 09:08 AM #2
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Rainmaker
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Damon Botticelli

Realtor - Las Vegas Real Estate
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