Summerlin April 2009 Real Estate Resale Market Report:
- Listings (5/15/2009): 829
- Under Contract (5/15/2009): 485
- Sold April 2009: 148
- Month's Inventory: 5.6
Absorption is slightly higher than Las Vegas Valley.
Since Last Month's Report:
- Listings DOWN -100
- Pendings UP +84
- Sold Units UP + 39
Most Current Summerlin Market Report
If you are thinking about buying, renting or selling a Summerlin Home Please Call: 702-966-2494:
- Option 1 if you are a Buyer wanting to purchase Summerlin Property. (Varieties range from bank owned to new construction!)
- Option 2 if you are a Renter wanting to rent a Summerlin Home
- Option 3 if you are interested in Financing your Summerlin Property (including down payment assistance for first time buyers)
- Option 0 if you would like to sell or rent out (property management) your Summerlin home.
- Option 4: Para español presione el cuatro.
The opinions expressed in this article are those of Renee Burrows and not necessarily those of NVRS.
All statistical information I used to create this report was obtained from GLVAR MLS. Information Deemed Reliable but not Guaranteed.
Terms and Definitions for my Market Reports
Hi Renee! Your month to month number are significantly improving! And, your presentation--AWESOME as always!
Have a wonderful Wednesday...
Renee
I am always amazed at how outstanding your presentations are, and I am glad it is picking up in your area.
Woo Hoo, Sales are up . But wait, the new foreclosures will be hitting late June or July I am told. Will that increase sales and drop prices more or have virtually no effect this time? I am sure you will keep us up to date Renee. Great presentation of the market stats.
Renee:
It seems to still be showing improvement. I hope it continues. Rates are the key along with the emotions of missing out on something.
Richard
Debe: The improvement is killing us with lack of inventory right now! I want a new escrow, WAAAA!
Tom: Thanks!
William: I will keep you up to date with whatever happens. We need inventory and we need it yesterday. Mid June's stats are going to be ridiculous! Four of us on my team - working with four out of town buyers through Friday. The amount of people trickling in the new inventory is AMAZING! It almost feels like you are in an open house or something!
Richard: Rates are key. I am hoping we can get this train back on the track with the rates bumping up. It is like a bunch of sharks at feeding time here right now. no joke!
Renee, Debe and Tom are right: your presentation is awesome! (the numbers are lookin' good too!)
Maria: Why thank you for the compliment!