BluefoxToday blog : Las Vegas Area Sales by Type: Standard, REO or Short Sale? October 2010 (includes Henderson & North Las Vegas)

Las Vegas Area Sales by Type: Standard, REO or Short Sale? October 2010 (includes Henderson & North Las Vegas)

Las Vegas Area Sales by Type

Las Vegas Area Sales by Type

Las Vegas Area Sales by Type History

Las Vegas Area Sales by Type

Las Vegas Area November 15, 2010 Active Listings by Type

  • REO:  3286 (21%)
  • Short Sale:  7697 (49%)
  • All Other:  4614 (30%)

Las Vegas Area Short Sale, REO & Standard Sales

 

October 2010 Sales by Type:

  • REO:  1460 (45%)
  • Short Sale:  927 (28%)
  • Other:  865 (27%)

This is just a guide for consumers to see what types of properties are closing vs what is listed.  Currently we have the most closes in the REO sector and the least inventory in the REO sector and it is an extreme seller's market.

Click here to see last month's Listing and Sales Type Report

Click here to view the most recent stats

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 101-606 (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 12 commentsRenée Donohue • November 18 2010 04:15PM

Comments

You always do such a wonderful job of keeping your people up to date as to what's happening in their local Real Estate market. Well done....again, Renee!

Posted by Craig Rutman, Raleigh, Cary, Apex area Realtor (Helping people in transition) almost 8 years ago

Renee~

I just think you do the most gorgeous graphics in the world of real estate...I always check in to see them ..but more than that...I actually can understand them. THX!

Posted by . 4Terra Land Brokers .. 828-776-0779 Asheville NC, What's Most Important to YOU? Call(828)-776-0779 ( REAL ESTATE RESOURCES & NETWORK ) almost 8 years ago

Awesome graphs. It's amazing the percentage of short sales in your market. Those agents who say "I don't do short sales" must be going hungry in LV!

Posted by Ellie McIntire, Luxury service in Howard County & Catonsville (Ellicott City Clarksville Howard County Maryland Real Estate) almost 8 years ago

Craig:  Thanks!

JaneAnne:  Thanks so much for letting me know they are easy to read and understand.

Ellie:  LOL I am one of those agents but I do BPOs to get me by :)

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, am I reading that right that your UC's are outstripping the listings there?  Very interesting!

Posted by Kevin J. May, Serving the Treasure & Paradise Coasts of Florida (Florida Supreme Realty) almost 8 years ago

Renee.. as always.. great info and stats... I guess I need to call you about your graphs, since I have asked the question in another post... ;o)

jeff belonger

Posted by Jeff Belonger, The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans ( Social Media - Infinity Home Mortgage Company, Inc) almost 8 years ago

Great charts Renee.  Interesting to note the disparity between short sale contracts and actual sales.  Still an issue here also.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) almost 8 years ago

Kevin:  That has been the norm for almost two years now :)

Jeff:  Email me, I have a link to a tutorial!

Gabe:  YEP!!

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

Don't mind me Renee, I'm going to my "special place" with a nice VO on the rocks!

Posted by Kevin J. May, Serving the Treasure & Paradise Coasts of Florida (Florida Supreme Realty) almost 8 years ago

Kevin may I join you?  I am thinking more like a nice quiet padded room with a straight jacket, LOL!

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,

REOs and shorts account for 73% of sales, a chunk that makes you think.

Posted by Esko Kiuru almost 8 years ago

Esko:  Pretty scary also!

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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