Las Vegas Real Estate Market Report: 08/29/12

Las Vegas Real Estate Market Report: 08/29/12










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 29, 2012, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR) 
Available – 3,990 ( -36 , Last Week 4,026)
Under Contract – 12,824 ( +63 , Last Week 12,761)
Days of Supply – 10 ( +0 , Last Week 10)
Short Sales – 11,076 ( +2 , Last Week 11,074)

Condominiums and Town Homes (CONDO/TH) 
Available – 837 ( +23 , Last Week 814)
Under Contract – 2,394 ( -30 , Last Week 2,424)
Days of Supply – 11 ( +0 , Last Week 11)
Short Sales – 2,144 ( -11 , Last Week 2,155)

Combined SFR + CONDO/TH 
Available – 4,827 ( -13 , Last Week 4,840)
Under Contract – 15,218 ( +33 , Last Week 15,185)
Days of Supply – 10 ( +0 , Last Week 10)
Short Sales – 13,220 ( -9 , Last Week 13,229)


Call Makea Turner with Atlantic and Pacific Real Estate for more information about the market (702) 542-1883

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