Las Vegas Real Estate Market Report: 05/30/12 (-64 Homes From Last Week

Las Vegas Real Estate Market Report: 05/30/12

This is the latest Las Vegas Real Estate Market Report fromwww.NARREIA.com (National Association of Residential Real Estate Investment Advisors). For the week of May 30, 2012, data is obtained from the Greater Las Vegas Association of Realtors MLS.

 Single Family Residence (SFR)                                                         

Available - 3,883 (-64, Last Week 3,947)

Under Contract - 13,267 (-137, Last Week 13,404)

Days of Supply - 9 (+0, Last Week 9)

Short Sales - 11,022 (-61, Last Week 11,083)

                                                               

Condominiums and Town Homes (CONDO/TH)                                                              

Available - 759 (+13, Last Week 746)

Under Contract - 2,481 (-20, Last Week 2,501)

Days of Supply - 10 (+1, Last Week 9)

Short Sales - 2,089 (-1, Last Week 2,090)

                                                              

Combined SFR + CONDO/TH                                                             

Available - 4,642 (-51, Last Week 4,693)

Under Contract - 15,748 (-157, Last Week 15,905)

Days of Supply - 9 (+0, Last Week 9)

Short Sales - 13,111 (-62, Last Week  3,173)

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Call Makea Turner with Atlantic & Pacific Real Estate (702) 542-1883 to find out how you can win by buying or selling a home in today's current market conditions. This same time last year we had over 14,000 available homes on the local MLS. 

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