Nevada Real Estate >> Las Vegas Real Estate Specialist: Nevada: Las Vegas: Log Cabin Ponderosa

Las Vegas NV Area Pendings Report for August 2011 (includes Henderson & North Las Vegas)

Las Vegas Area Homes for Sale

Las Vegas Area Homes for Sale

Las Vegas Area Real Estate Market Report and Absorption Rate

Las Vegas Real Estate Inventory is seeing an unusually large amount of units closed for late summer.  August almost broke records!

Las Vegas Area Market Activity (Includes North Las Vegas, Henderson and Las Vegas)

  • Listings (9/15/2011): 13073
  • Under Contract (9/15/2011): 13333
  • Sold Aug 2011: 4563

Short Sales:

  • 46% of Listings
  • 22% of Sales

REO (Foreclosures, Bank Owned:)

  • 23% of Listings
  • 53% of Sales

In One Month: Listings are DOWN -324 units, Contracted Listings DOWN -156 units, Sales are UP +635 units. Close ratios are going lower because much of the pending inventory is short sales which requires LONGER close times.

DOWN PAYMENT ASSISTANCE HAS NOT ENDED FOR FIRST TIME BUYERS, HOWEVER!!

Last Month's Pending Report

For Most Current Las Vegas Real Estate Inventory Market Report Click Here.

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

Blog Disclaimer Important Notice

Realtor/MLS Member, NAR, NVAR, GLVARAccredited Buyer's RepresentativeSeller Representative SpecialistSenior Real Estate SpecialistAt Home with DiversityResort & Second Home Property SpecialistShort Sale Foreclosure Resource

 

 

 

Sell Las Vegas Home          Las Vegas Homes for Sale     Las Vegas Rental House

              

 

 

 

Comment balloon 5 commentsRenée Burrows • October 06 2011 05:44PM
Las Vegas NV Area Pendings Report for August 2011 (includes Henderson…
share
Las Vegas Real Estate Inventory is seeing an unusually large amount of units closed for late summer. August almost broke records! Las Vegas Area Market Activity (Includes North Las Vegas, Henderson and Las Vegas) &… more