BluefoxToday blog : Renée Donohue, Las Vegas Real Estate Broker - www.urLVhome.com (Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate)

Las Vegas | Henderson | North Las Vegas Short Sale Real Estate Market Report for August 2010

Las Vegas Short Sale

Las Vegas Short Sale

The absorption rate for Las Vegas Valley Area Short Sales is finally seeing movement. Inventory has INCREASED by +702 units.  Under Contract has DECREASED by -453 units.    Sold units have DECREASED by -75 units.

There are many reasons for the lack of closings in this market and it is outlined in this post

Short Sale Synopsis:

  • Listings 9/15/2010:  6846
  • Pending 9/15/2010: 9372
  • Closed August 2010: 1073

Short Sales Currently Account for:

  • 49% of All Las Vegas Valley Listings
  • 31% of All Las Vegas Valley Sales 

Read here for last month's report on Las Vegas Area Short Sales.

Most Current Market Report For Short Sales

What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?

General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-605 (the average consumer probably asks, what’s that?)  It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley.  They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.

View More FAQ About My Las Vegas Area Real Estate Market Reports.


Thanks,  Renée Burrows 702-580-1783 Broker/Owner, REALTOR®
 

 

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Comment balloon 5 commentsRenée Donohue • September 24 2010 11:34AM
Las Vegas | Henderson | North Las Vegas Short Sale Real Estate Market…
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The absorption rate for Las Vegas Valley Area Short Sales is finally seeing movement. Inventory has INCREASED by +702 units. Under Contract has DECREASED by -453 units. Sold units have DECREASED by -75 units. There are many… more
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