Las Vegas NV Area Short Sale Real Estate Market Report & Homes for Sale November 2012 (includes Henderson & North Las Vegas)

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

Las Vegas Short Sales

Las Vegas Area Short Sale Inventory Trends

Las Vegas Short Sales

Las Vegas Short Sale

The absorption rate for Las Vegas Valley Area Short Sales is a strong seller's market. Since last month:  Active Listing Inventory has DECREASED by -44 units. Under Contract has DECREASED by -734 units. Sold units have DECREASED by -268 units.

There are many reasons for the lack of closings in this market and it is outlined in this post.

Short Sale Synopsis:

  • Listings 12/15/2012: 916
  • Pending 12/15/2012: 10779
  • Closed November 2012: 1340

Short Sales Currently Account for:

  • 20% of All Las Vegas Valley Listings
  • 42% of All Las Vegas Valley Sales

Read here for last month's report on Las Vegas Area Short Sales.

Most Current Market Report For Short Sales

Information About the Short Sale Process for Las Vegas Area Short Sale Buyers & Sellers

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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Re-Blogged 1 time:

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Location:
Nevada Clark County North Las Vegas Washburn Creek
Groups:
Posts to Localism
Market Updates
Nevada/Las Vegas REO, Fourclosure, Short Sale Specialist
Las Vegas Foreclosures - Homes, High-Rises-Condos
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Tags:
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las vegas homes for sale
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Rainmaker
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Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Renee

Lots under contract. It has gotten better here with short sales. Getting back to normal. However, looks a little different there. I think I am going to reblog this later so my people coming to see you know whats going on by you

Jan 06, 2013 11:23 PM #1
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Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Thanks Tom!

Feb 07, 2013 08:42 AM #2
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