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Thursday, May 9, 2013

Las Vegas Real Estate Inventory Update-May 8 2013


The Las Vegas Real Estate market is on fire! Last Year around this same time some areas property values were as much as 40% less than current property values. Inventory has also dramatically decreased over the last year. Below you will find a break down of our current available, sold and under contract supply of homes here in Las Vegas. If you are ready to take advantage of today's opportunity give me a call today (702) 542-1883

Single Family Residence (SFR)                             
Available – 3,350 (+42, Last Week 3,308)
Under Contract – 10,423 (+138, Last Week 10,285)
Days of Supply – 10 (+0, Last Week 10)
Short Sales – 7,705 (-39, Last Week 7,744)
                               
Condominiums and Town Homes (CONDO/TH)                            
Available – 982 (+3, Last Week 979)
Under Contract – 2,066 (+12, Last Week 2,054)
Days of Supply – 15 (+0, Last Week 15)
Short Sales – 1,602 (-11, Last Week 1,613)
                              
Combined SFR + CONDO/TH                        
Available – 4,332 (+45, Last Week 4,287)
Under Contract – 12,489 (+150, Last Week 12,339)
Days of Supply – 11 (+0, Last Week 11)
Short Sales – 9,307 (-50, Last Week 9,357)

If you would like a full copy of this weeks inventory breakdown contact me today!


Makea Turner-EXIT Realty Number One (702) 542-1883

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