Nevada Real Estate >> Las Vegas Real Estate Specialist: Nevada: North Las Vegas: Centennial Bruce

Las Vegas, NV Area March 2010 Short Sale Inventory Update

Las Vegas Short Sale Homes For Sale

Las Vegas Short Sale Absorption Rate

The absorption rate for Las Vegas Valley Area Short Sales is finally seeing movement. Inventory has DECREASED by -480 units.  Under Contract has increased by +882 units.    Solds have INCREASED by +276 units. (THAT IS HUGE!!)

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

Short Sale Synopsis:

  • Listings 4/15/2010: 4323
  • Pending 4/15/2010: 11094
  • Closed March 2010: 970

Short Sales Currently Account for:

  • 46% of All Las Vegas Valley Listings
  • 25% of All Las Vegas Valley Sales
     

Read here for the most current Las Vegas Area Short Sale Report.

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 5 commentsRenée Burrows • April 21 2010 08:12AM
Las Vegas, NV Area March 2010 Short Sale Inventory Update
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The absorption rate for Las Vegas Valley Area Short Sales is finally seeing movement. Inventory has DECREASED by -480 units. Under Contract has increased by +882 units. Solds have INCREASED by +276 units. (THAT IS HUGE!! ) … more