Las Vegas NV Area Pendings Real Estate Market Report for March 2013 (includes Henderson & North Las Vegas)

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

Las Vegas Area Homes for Sale

Las Vegas Area Homes for Sale

Las Vegas Area Real Estate Market Report and Absorption Rate

Las Vegas Real Estate Inventory is seeing a major decrease as the aftermath of NV AB 284. Active listings are up stagnant at the moment but LOW LOW LOW! 2012 will be another interesting year for Las Vegas Real Estate!

Las Vegas Area Market Activity (Includes North Las Vegas, Henderson and Las Vegas)

  • Listings (4/15/2013): 4121
  • Under Contract (4/15/2013): 12694
  • Sold March 2013: 3477

Short Sales:

  • 13% of Listings
  • 34% of Sales

REO (Foreclosures, Bank Owned:)

  • 11% of Listings
  • 12% of Sales

In One Month: Listings are UP +86 units, Contracted Listings are DOWN -139 units, Sales are UP +376 units. Close ratios are going lower because much of the pending inventory is short sales which requires LONGER close times.

Last Month's Pending Report

For Most Current Las Vegas Real Estate Inventory Market Report Click Here.

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
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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

That is some really great news about your market. Hopefully the good news will continue.

Make it a great weekend.

Apr 26, 2013 03:12 AM #1
Rainmaker
1,964,444
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Renee

Wow, look at all those homes in pending. I hope half of them are yours

Apr 26, 2013 11:37 AM #2
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Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Thanks for stopping by!

Jun 08, 2013 04:43 AM #3
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