Las Vegas Real Estate Market Report: 08/15/12

Las Vegas Real Estate Market Report: 08/15/12

This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com(National Association of Residential Real Estate Investment Advisors). For the week of August 15, 2012, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR)
Available – 3,932 (-82, Last Week 4,014)
Under Contract – 12,765 (+171, Last Week 12,594)
Days of Supply – 10 (+0, Last Week 10)
Short Sales – 11,044 (+61, Last Week 10,983)

Condominiums and Town Homes (CONDO/TH)
Available – 786 (-16, Last Week 802)
Under Contract – 2,418 (+35, Last Week 2,383)
Days of Supply – 10 (-1, Last Week 11)
Short Sales – 2,151 (+16, Last Week 2,135)

Combined SFR + CONDO/TH
Available – 4,718 (-98, Last Week 4,816)
Under Contract – 15,183 (+206, Last Week 14,977)
Days of Supply – 10 (+0, Last Week 10)
Short Sales – 13,195 (+77, Last Week 13,118)

Call Makea Turner with Atlantic and Pacific Real Estate if you have any questions about our local Las Vegas housing market (702) 542-1883

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