Las Vegas Real Estate Market Report: 10/16/13

By
Real Estate Agent with Highrises & Condos by The Brooks Team

Inventory has continued to rise weekly and has doubled over the last 6 months!

 

This is the latest Las Vegas Real Estate Market Report for the week,data is obtained from the Greater Las Vegas Association of Realtors MLS.

 

 

Single Family Residence (SFR)

 

Available – 6,731 (+131, Last Week 6,600)
Under Contract – 8,073 (+46, Last Week 8,027)
Days of Supply – 26 (+1, Last Week 25)
Short Sales – 6,068 (-13, Last Week 6,081)

 

 

Condominiums and Town Homes (CONDO/TH)

 

Available – 1,649 (+48, Last Week 1,601)
Under Contract – 1,485 (-1, Last Week 1,486)
Days of Supply – 34 (+1, Last Week 33)
Short Sales – 1,225 (-14, Last Week 1,239)

 

 

Combined SFR + CONDO/TH

 

Available – 8,380 (+179, Last Week 8,201)
Under Contract – 9,558 (+45, Last Week 9,513)
Days of Supply – 27 (+1, Last Week 26)
Short Sales – 7,293 (-27, Last Week 7,320)

 

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