Nevada Real Estate >> Las Vegas Real Estate Specialist: December 2011

Las Vegas NV Area Sales by Type: Short Sales, REO, Standard Sales for November 2011 (includes Henderson & North Las Vegas)

Las Vegas Area Sales by Type

Las Vegas Area Sales by Type

Las Vegas Area Sales by Type History

Las Vegas Area Sales by Type

Las Vegas Area December 15, 2011 Active Listings by Type

  • REO: 2279 (20%)
  • Short Sale: 5272 (47%)
  • All Other: 3688 (33%)

Las Vegas Area Short Sale, REO & Standard Sales

 

November 2011 Sales by Type:

  • REO: 1805 (48%)
  • Short Sale: 1021 (27%)
  • Other: 958 (25%)

This is just a guide for consumers to see what types of properties are closing vs what is listed. Currently we have the most closes in the REO sector and the least inventory in the REO sector and it is an extreme seller's market.

Click here to see last month's Listing and Sales Type Report

Click here to view the most recent stats

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.


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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Comment balloon 8 commentsRenée Donohue • December 30 2011 01:19PM
Las Vegas NV Area Sales by Type: Short Sales, REO, Standard Sales for…
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Las Vegas Area December 15, 2011 Active Listings by Type REO: 2279 (20%) Short Sale: 5272 (47%) All Other: 3688 (33%) November 2011 Sales by Type: REO: 1805.. more
Sun City MacDonald Ranch (Henderson NV) Real Estate Market Report..
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Age Restricted (55+) Communities are scattered throughout the valley. Many offer a variety community amenities for Seniors who enjoy active lifestyles. Sun City MacDonald Ranch is located in the Green Valley Area of Henderson NV (zip 89012)… more
Coronado Ranch (Las Vegas NV) Real Estate Market Report & Homes…
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Coronado Ranch November 2011 Real Estate Resale Market Report (Homes For Sale/Pending/Sold): Listings (12/15/2011): 29 Under Contract (12/15/2011): 44 Sold November 2011: 10 Since Last Month:… more
Las Vegas NV Area Short Sale Real Estate Market Report & Homes…
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The absorption rate for Las Vegas Valley Area Short Sales appears to be swinging from a neutral market back to a buyer's market as the new yeaer approaches. Active Listing Inventory has DECREASED by -396 units. Under Contract… more
Las Vegas Area Christmas & New Year's Eve Events 2011
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Las Vegas Area Christmas Events 2011 Some of our area Christmas events run through the week after Christmas - make sure you check in with event organizer on their website or give them a call to get times & dates. Las… more
Las Vegas NV Area Sold Terms & Trends November 2011 (includes…
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Cash REMAINS KING in the Las Vegas Area Real Estate Market!!! It is important for every buyer in the Las Vegas Area Real Estate Market to understand who their buyer competition is in this currently competitive seller's market LV is… more
Nevada Trails (Las Vegas NV) Real Estate Market Report & Homes…
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Nevada Trails November 2011 Real Estate Resale Market Report (Homes For Sale, Pending, Sold): Listings (12/15/2011): 27 Under Contract (12/15/2011): 45 Sold November 2011: 15 Since Last Month… more
Las Vegas NV Area REO Real Estate Market Report & Homes for Sale…
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Las Vegas Area REO Inventory has FALLEN since last report (-302 units), Under Contracts have FALLEN by (-109) units Closing data has FALLEN by (-79) units. Low interest rates have spurred a flurry of buyer interest &… more
UH OH! Your Las Vegas Real Estate Listing Expired! What Happened?
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Selling Your House in Las Vegas: OUCH Your Listing Expired! I am putting a postcard campaign together for reaching out to Las Vegas sellers who attempted to sell their home but their listing expired! I have found a lot of reasons why… more
Las Vegas NV Area Pendings Report for November 2011 (includes…
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Las Vegas Real Estate Inventory is seeing an unusually large amount of units closed for fall. August almost broke records! Active listings are down again for the 11th month in a row! 2011 proves to be an interesting year for… more
Las Vegas NV Area High & Mid Rise Condominium Resale & Rental…
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Las Vegas High Rise Rentals : 239 Listed 11/15/2011 27 Under Contract 11/15/2011 73 Leased October 2011 3. 3 Months Inventory Low Leased Price: $850/Month ( Park Avenue ) Median Leased Price: $1750… more
Rhodes Ranch Area (Las Vegas NV) Real Estate Market Report &…
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Rhodes Ranch Area Resale Market Report (homes for sale, pending and sold): Active Listings (11/15/2011): 261 Under Contract (11/15/2011): 347 Sold October 2011: 96 Low: $45000 ( Vistana Condo ) … more
Silverado Ranch (Las Vegas NV) Real Estate Market Report & Homes…
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Silverado Ranch October 2011 Real Estate Resale Market Report (Homes For Sale, Pending, Sold) : Listings (11/15/2011): 144 Under Contract (11/15/2011): 198 Sold October 2011: 47 Since last month:… more
Charleston Heights (Las Vegas NV) Real Estate Market Report &…
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Charleston Heights October 2011 Real Estate Resale Market Report: Listings (11/15/2011): 132 Under Contract (11/15/2011): 150 Sold October 2011: 68 Since Last Month: Listings are DOWN -2 units,… more
Las Vegas NV Area "Communities At a Glance" Real Estate…
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Las Vegas Area "Communities At a Glance" Real Estate Market Report for November 2011 What is Absorption Rate? Absorption rate is basically a report of inventory amounts & trends. It is important for placing… more
Las Vegas NV Area Rental Home Market Report October 2011 (includes…
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Renters are becoming buyers finally as resale purchase prices drop and economic conditions in the valley are preventing high numbers of new incoming residents to move here. This has softened rental prices slightly as many investors are… more
Condos for Sale in Las Vegas Present Financing Challenges!
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Condos for Sale in Las Vegas Present Financing Challenges Take a peek at prices of condos for sale in Las Vegas It is no wonder not a week goes by the last several years that I get multiple inquiries from buyers who see $20K, $30K, $40K… more
New Las Vegas Water Park (Splash Canyon) Update December 2011
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New Las Vegas Waterpark (Splash Canyon) Update December 2011 The new Las Vegas Waterpark (Splash Canyon) is being worked on daily. Still moving dirt and being staked out now. Press releases indicate it is still looking to open… more
Ca$h or Credit: Las Vegas NV Area REO Financing Profiles for October…
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Cash is the obvious dominator with overall Las Vegas Area REO Purchases. Cash not only dominates but CRUSHES financed purchases under $75000. The primary reason is the stuff priced under $75000 is unhabitable and ineligible for… more
Southern Highlands (Las Vegas NV) Real Estate Market Report &…
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Southern Highlands October 2011 Real Estate Resale Market Report (Homes For Sale/Under Contract/Sold): Listings (11/15/2010): 193 Under Contract (11/15/2010): 215 Sold October 2011: 60 Since… more