Nevada Real Estate >> Las Vegas Real Estate Specialist: Las Vegas Area Residential Single Family Dwelling Inventory Officially Dropped Below 20K Units This Afternoon!

Las Vegas Area Residential Single Family Dwelling Inventory Officially Dropped Below 20K Units This Afternoon!

Who knows if this will hold steady through the week.

Here are the numbers as of 7/27/2009 2:51 PM PST:

  • Active:  19975
  • Pendings:  7797
  • February 2009 Closes:  2234 (not official end closing tally)

Usually pendings drop as end of month closes rise.  Not the case today!!

Will hopefully be back to write more blog posts this evening!

Check out my regular monthly report here.  This one definitely deserved a special post on it's own!

copyright 2006-2011 Renee Burrows, REALTOR®, The Force Realty  702-966-2494

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7 comments • Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com • February 27 2009 04:56PM

Comments

I just browsed some of the LV listing inventory last night.  There sure are some beautiful properties for sale at decent prices right now.  I was snooping through the entry level condo and single family market as I had a fellow ask me about it a month or so ago and I am always curious to see what sort of bargains are around the country.

Posted by Robert May - Lethbridge REALTOR ® and Mortgage Broker (Verico Canada First Mortgage/ Rainbow Realty) about 3 years ago

Inventory going down. That has got to be a good sign for you Renee.

Posted by Gary Woltal - Assoc. Broker REALTOR® SFR Dallas Ft. Worth (Keller Williams Realty) about 3 years ago

That can only be a good thing!  Some great properties in your area. 

Posted by Tim and Pam Cash - Clarksville TN Real Estate Professionals (Crye-Leike (Sango)) about 3 years ago

Renee:

That's great, maybe we have turned the corner!

Richard

 

Posted by Richard Stabile Bergen County New Homes Builder Realtor (REMAX real estate associates) about 3 years ago

Renee, going below 20,000 must be a good thing for you.  Our local MLS has over 50,000 homes for sale.  It would be nice to get that inventory to your level.  I wonder how long that may take?

Posted by Troy Erickson - Your Chandler, Gilbert, Queen Creek Realtor (Terra Solis Realty, LLC) about 3 years ago

Must mean there working to get them closed. Sounds like the turn is coming to your area.

Posted by Terry Miller about 3 years ago

Renee, if you need help getting an REO ready for sale please go to robsellsvegas.net.  I have a very unique service that is quick and easy.  You can find me on Active Rain - Robin Basichis -  Thanks

Posted by Robin Basichis (Rosen&Company West) about 3 years ago

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