BluefoxToday blog : Summerlin (Las Vegas NV) June 2010 Real Estate Market Report (Homes for Sale, Under Contract, SOLD!)

Summerlin (Las Vegas NV) June 2010 Real Estate Market Report (Homes for Sale, Under Contract, SOLD!)

Summerlin Homes For Sale

Summerlin Homes for Sale

Summerlin Real Estate Market Report and Absorption Rate

 

 Summerlin June 2010 Real Estate Resale Market Report:

  • Listings (7/15/2010):  720
  • Under Contract (7/15/2010):  654
  • Sold June 2010:  175

Since Last Month's Report:

  • Listings UP +44
  • Pendings DOWN -42
  • Sold Units UP +25

Last Month's Summerlin Report

Most Current Summerlin Market Report


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

 

copyright 2006-2013 Renee Burrows, REALTOR®, Savvy Home Realty Solutions  702-966-2494

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Comment balloon 15 commentsRenée Donohue • July 26 2010 09:28PM

Comments

In the section under 2010 you have two 2009 dates. Is that the date you wanted to use? It is good to see that sold properties is up.

Cal

Posted by Cal Yoder, Homes For Sale in Lancaster PA - 717.413.0744 (Keller Williams Elite) over 7 years ago

Nice to see things picking up, you rock!

Posted by Ross Quintana, Real E Smarter Real Estate Coach - 509-362-1966 (Real E Smarter) over 7 years ago

Renee - Nice area. Just under 5 months that seems good to me.

Posted by Ken Barker Realtor® GRI, E-Pro Certified (Dilbeck Real Estate) over 7 years ago

Renee,

Do you think the apparent inventory is a natural indication of this market or more a matter of lenders drip feeding their REO?

Steve

Posted by Steve, Joel & Steve A. Chain (Chain Real Estate Investments & Mortgage, Steve & Joel Chain) over 7 years ago

Renee, please come to TN and do my market reports.

Posted by Tammie White, Broker, Franklin TN Homes for Sale (Franklin Homes Realty LLC) over 7 years ago

Renee I agree with Tammie - come to VA and do our reports - your reports are among the best I've seen - the work of a real local expert

Posted by Karen Kruschka, - "My Experience Isn't Expensive - It's PRICELESS" (RE/MAX Executives) over 7 years ago

Hi Renee, Your markets have picked up over the past few months. But I see that the prices are still really depressed. Do you think with all the investors that are buying out there, that rents will also be depressed for for a time. Or are the rents holding along with the sales increases.

Posted by William Johnson, San Diego Real Estate Voice, GRI CRS e-Pro CDPE (RE/MAX Associates) over 7 years ago

Renee - Wow, sold units up +25 in Summerlin Las Vegas NV is great.

Posted by Michelle Gibson, REALTOR (Hansen Real Estate Group Inc. ) over 7 years ago

Renee, Great report as usual, I hope most of those solds were yours, you are the Vegas Diva!

Posted by Debbie Aldrich, Salt Lake City Realtor - Salt Lake County, Cottonwood Heights (The Watts Group Real Estate ) over 7 years ago

Nice, nice graphics - it makes the whole thing POP. 

MB

Posted by Michael Bergin, Northern Virginia Real Estate (Coldwell Banker Residential Brokerage - ABR - SRES ) over 7 years ago

Renee

Summerlin looks like it is taking off well again; love those community names

Posted by Tom Braatz Waukesha County Real Estate 262-377-1459, Waukesha County Realtor Real Estate agent. SOLD! (Coldwell Banker) over 7 years ago

Nice job Renee summarizing what is going on in the Summerlin Real Estatate market. I hope you are kicking some butt:)

Posted by Bill Gassett, Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) over 7 years ago

Holy Moly 12 comments on a market report when my average is three!  Thanks all for the comments!

Cal:  THANKS GOOD EYE! Will revise!

Steve:  as always, drip feeding.  We are on an IV here, LOL!  Less investors are purchasing at trustees sales right now with the tax credit expiring and buyer pool thinning.  We will be seeing more REO in the near future.

Tammie & Karen:  LOLOL!  Maybe I should be "for hire" in the market report department.  All my graphs are pre-set so I just plug in 411!

William:  MOST EXCELLENT POINT!!  Our rental prices ARE getting diluted from the amount of rental homes being bought.  Also many renters have turned into buyers in the last several years.  Couple that with our extremely high unemployment and we have not many incoming residents as we used to!

Posted by Renée Donohue, Las Vegas Real Estate Broker - www.urLVhome.com (Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate) over 7 years ago

Renee,

The month's inventory reversed itself and is heading more towards a seller's market again.

Posted by Esko Kiuru over 7 years ago

Pulled July Stats already and I am amazed that summerlin inventory is even lower!

Posted by Renée Donohue, Las Vegas Real Estate Broker - www.urLVhome.com (Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate) over 7 years ago

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