BluefoxToday blog : Las Vegas NV Area Short Sale Real Estate Market Report for September 2010 (includes Henderson & North Las Vegas)

Las Vegas NV Area Short Sale Real Estate Market Report for September 2010 (includes Henderson & North Las Vegas)

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 +532 units.  Under Contract has DECREASED by -608 units.    Sold units have DECREASED by -14 units.

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

Short Sale Synopsis:

  • Listings 10/15/2010:  7378
  • Pending 10/15/2010: 8764
  • Closed September 2010: 1059

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

Information About the Short Sale Process for Las Vegas Area Short Sale Buyers & Sellers

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®
 

 

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

Blog Disclaimer Important Notice

Realtor/MLS Member, NAR, NVAR, GLVARAccredited Buyer's RepresentativeSeller Representative SpecialistSenior Real Estate SpecialistAt Home with DiversityResort & Second Home Property SpecialistShort Sale Foreclosure Resource

 

 

 

Sell Las Vegas Home          Las Vegas Homes for Sale     Las Vegas Rental House

              

 

 

 

Comment balloon 7 commentsRenée Donohue • October 20 2010 09:59AM

Comments

Hi Renee...great report as usual..it is nice to be kept up on the market in different areas such as yours!

Posted by Kristin Johnston - REALTOR®, Giving Back With Each Home Sold! (RE/MAX Realty Center ) almost 8 years ago

Renee

You really have your work cut out for you with all those short sales. Keep up the good work.

Posted by Tom Braatz Waukesha County Real Estate 262-377-1459, Waukesha County Realtor Real Estate agent. SOLD! (Coldwell Banker) almost 8 years ago

Tom and Kristin:  Every day is a new challenge here ~

Posted by Renée Donohue, Las Vegas Real Estate Broker - www.urLVhome.com (Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate) almost 8 years ago

Renee I know you wrote a super blog about how to make graphs for your Real Estate Market Reports. I just have to find it. By the way Love all of your Real Estate Market Reports.

Posted by Lanre-"THE REAL ESTATE FARMER" Folayan, I don't make promises.I deliver results.SOLD HOMES (Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC) almost 8 years ago

Lanre:  Thanks, email me and I will email you back with a link to the tutorial!

Posted by Renée Donohue, Las Vegas Real Estate Broker - www.urLVhome.com (Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate) almost 8 years ago

Renee,

Half of all Vegas listings are short sales, yikes!

Posted by Esko Kiuru almost 8 years ago

Esko:  Pretty scary indeed!

Posted by Renée Donohue, Las Vegas Real Estate Broker - www.urLVhome.com (Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate) almost 8 years ago

This blog does not allow anonymous comments