Thursday, March 15, 2012

Las Vegas Real Estate Market Report: 03/14/12

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 14, 2012, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR)
Available – 6,231 (-418, Last Week 6,649)
Under Contract – 12,297 (+384, Last Week 11,913)
Days of Supply – 16 (-1, Last Week 17)
Short Sales – 11,130 (+40, Last Week 11,090)

Condominiums and Town Homes (CONDO/TH)
Available – 1,215 (-80, Last Week 1,295)
Under Contract – 2,283 (+75, Last Week 2,208)
Days of Supply – 16 (-2, Last Week 18)
Short Sales – 2,049 (+16, Last Week 2,033)

Combined SFR + CONDO/TH
Available – 7,446 (-498, Last Week 7,944)
Under Contract – 14,580 (+459, Last Week 14,121)
Days of Supply – 16 (-1, Last Week 17)
Short Sales – 13,179 (+56, Last Week 13,123)

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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