Wednesday, May 30, 2012

Las Vegas Real Estate Market Report: 05/23/12

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 May 23, 2012, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR)
Available – 3,947 (-51, Last Week 3,998)
Under Contract – 13,404 (-35 , Last Week 13,439)
Days of Supply – 9 (+0, Last Week 9)
Short Sales – 11,083 (+22, Last Week 11,061)

Condominiums and Town Homes (CONDO/TH)
Available – 746 (-60, Last Week 806)
Under Contract – 2,501 (-8, Last Week 2,509)
Days of Supply – 9 (-1, Last Week 10)
Short Sales – 2,090 (-29, Last Week 2,119)

Combined SFR + CONDO/TH
Available – 4,693 (-111, Last Week 4,804)
Under Contract – 15,905 (-10,043, Last Week 25,948)
Days of Supply – 9 (-1, Last Week 10)
Short Sales – 13,173 (-7, Last Week 13,180)

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