Wednesday, March 28, 2012

Las Vegas Real Estate Market Report: 03/28/12

Las Vegas Real Estate Market Report: 03/28/12

This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (National Association of Residential Real Estate Investment Advisors). For the week of March 28, 2012, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR)
Available – 5,648 (-254, Last Week 5,902)
Under Contract – 12,726 (+142, Last Week 12,584)
Days of Supply – 14 (-1, Last Week 15)
Short Sales – 11,118 (-15, Last Week 11,133)

Condominiums and Town Homes (CONDO/TH)
Available – 1,109 (-53, Last Week 1,162)
Under Contract – 2,394 (+53, Last Week 2,341)
Days of Supply – 14 (-1, Last Week 15)
Short Sales – 2,089 (+14, Last Week 2,075)

Combined SFR + CONDO/TH
Available – 6,757 (-307, Last Week 7,064)
Under Contract – 15,120 (+195, Last Week 14,925)
Days of Supply – 14 (-1, Last Week 15)
Short Sales – 13,207 (-1, Last Week 13,208)

For the complete Las Vegas Real Estate Market Report, including detailed tables and graphs, visit www.narreia.com/market/housingreports.php (login required).

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