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 Es... 01/06/2013