Chapel Hill Condos (Las Vegas, NV)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Economic Conditions for the Las Vegas Valley December 2009 Housing Conditions: Foreclosure/Short Sale Listings (1/15/2010): Total Listings 10424; Short Sales: 4735, 45.4% of all listings; Bank Owned Listings: 2137, 20.1% of all listings. Short sale and REO listings consume 65% of total listings New Home Sales (December 2009, units sold): 477 Year Change -25.7% (excl condo conversions, highrises) New Home Sales (December 2009, median price): $216,854 Year Change -11.2% (excl condo conversions, highrises) Existing Home Sales (December 2009, units sold): 3774 Year Change +45.8% Existing Home Sales (December 2009, median price): $123,000 Year Change: -24.5% New Home Permits (December 2009): 355 Year Change +111.3% Rental Rate (MLS Monthly Average August 2009): $1313/month  My analysis:  Dis...
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