Nevada Real Estate >> Las Vegas Real Estate Specialist: Nevada: Henderson: Fiesta Park

Las Vegas NV Area June 2010 Short Sale Inventory Report: WOW! WOW! WOW! CLOSED UNITS JUMP

Las Vegas Area Short Sale Homes for Sale

Las Vegas Area Short Sale Real Estate Market Report & Absorption Rate

The absorption rate for Las Vegas Valley Area Short Sales is finally seeing movement. Inventory has INCREASED by +672 units.  Under Contract has DECREASED by -925 units.    Sold units have INCREASED by +377 units.

There are many reasons for the lack of closings in this market and it is outlined in this post

Short Sale Synopsis:

  • Listings 7/15/2010: 5231
  • Pending 7/15/2010: 10460
  • Closed June 2010: 1416

Short Sales Currently Account for:

  • 45% of All Las Vegas Valley Listings
  • 35% of All Las Vegas Valley Sales 

Read here for last month's report on Las Vegas Area Short Sales.

If you need to sell your home through the short sale process, you can either fill out the form on this page or you can call 702-966-2494 and press option 0.


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 4 commentsRenée Burrows • July 16 2010 05:46PM
Las Vegas NV Area June 2010 Short Sale Inventory Report: WOW! WOW!…
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The absorption rate for Las Vegas Valley Area Short Sales is finally seeing movement. Inventory has INCREASED by +672 units. Under Contract has DECREASED by -925 units. Sold units have INCREASED by +377 units. There are many… more