BluefoxToday blog : Las Vegas NV Area Sales by Type: Short Sales, REO, Standard Sales for March 2012 (includes Henderson & North Las Vegas)

Las Vegas NV Area Sales by Type: Short Sales, REO, Standard Sales for March 2012 (includes Henderson & North Las Vegas)

Renee's metrics are easy to read, showing what kind of unusual real estate marketplace Vegas still is. It happens rarely that 70% of home sales in any major housing market are REOs and short sales for months, like it has been in Southern Nevada.

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 April 15, 2012 Active Listings by Type

  • REO: 1018 (17%)
  • Short Sale: 1964 (34%)
  • All Other: 2835 (49%)

Las Vegas Area Short Sale, REO & Standard Sales

 

March 2012 Sales by Type:

  • REO: 1812 (43%)
  • Short Sale: 1140 (27%)
  • Other: 1267 (30%)

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.

copyright 2006-2011 Renee Burrows, REALTOR®, The Force Realty  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


 

What is my Las Vegas Home Worth?          Las Vegas Homes for Sale     Las Vegas Rental House


     

Las Vegas Real Estate & Homes for Sale on Facebook     Las Vegas Real Estate & Homes for Sale on Twitter     Las Vegas Real Estate & Homes for Sale on Wordpress

 

 

 

 

_______________________________________________________________________________

Provided by: 

Esko Kiuru
Mortgage, real estate and apartment industry analyst 

www.BluefoxToday.com - syndicated mortgage, housing and property management blog

eskokiuru@gmail.com
My cell: 702-499-1006

Comment balloon 2 commentsEsko Kiuru • May 10 2012 08:00PM

Comments

Well it may not be the stats you want to see but at least propeties are getting sold and thats better than the alternative

Good reblog

Posted by David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg (US Mortgages - David Shamansky) about 6 years ago

David,

Main thing is the marketplace remains active.

Posted by Esko Kiuru about 6 years ago

Participate