Nevada Real Estate >> Las Vegas Real Estate Specialist: Nevada: Henderson: Green Valley Park

Las Vegas NV Area Short Sale Real Estate Market Report for October 2010 (includes Henderson & North Las Vegas)

Las Vegas Short Sale

Las Vegas Short Sale

The absorption rate for Las Vegas Valley Area Short Sales is finally seeing movement. Inventory has INCREASED by +319 units.  Under Contract has DECREASED by -440 units.    Sold units have DECREASED by -135 units.

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

Short Sale Synopsis:

  • Listings 11/15/2010:  7697
  • Pending 11/15/2010: 8324
  • Closed October 2010: 927

Short Sales Currently Account for:

  • 49% of All Las Vegas Valley Listings
  • 28% 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 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®
 

 

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Comment balloon 6 commentsRenée Burrows • November 15 2010 07:20PM
Las Vegas NV Area Short Sale Real Estate Market Report for October…
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The absorption rate for Las Vegas Valley Area Short Sales is finally seeing movement. Inventory has INCREASED by +319 units. Under Contract has DECREASED by -440 units. Sold units have DECREASED by -135 units. There are many… more