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Steve Harless' Blog

By Steve Harless | Agent in Las Vegas, NV

Las Vegas Real Estate Market Report: 02/29/12

 


Las Vegas Real Estate Market Report: 02/29/12


This is the latest Las Vegas Real Estate Market Report fromwww.NARREIA.com (National Association of Residential Real Estate Investment Advisors). For the week of February 29, 2012, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR)
Available – 7,077 (-379, Last Week 7,456)
Under Contract – 11,646 (+168, Last Week 11,478)
Days of Supply – 19 (-1, Last Week 20)
Short Sales – 11,109 (-64, Last Week 11,173)

Condominiums and Town Homes (CONDO/TH)
Available – 1,314 (-62, Last Week 1,376)
Under Contract – 2,255 (+6, Last Week 2,249)
Days of Supply – 18 (-1, Last Week 19)
Short Sales – 2,065 (-10, Last Week 2,075)

Combined SFR + CONDO/TH
Available – 8,391 (-441, Last Week 8,832)
Under Contract – 13,901 (+174, Last Week 13,727)
Days of Supply – 19 (-1, Last Week 20)
Short Sales – 13,174 (-74, Last Week 13,248)

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

Steve Harless - Realtor®
Haines & Krieger Realty
 
8985 S. Eastern Ave #370
Las Vegas, NV. 89123
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Cell:  702-217-1680
Fax:  702-933-8444
Email:    SteveHarless@hotmail.com
website: www.ViewLasVegasRealEstate.com
 
Know someone that would like to buy or sell Real Estate in the next 7-10 days? Can you think of anyone ... in your (church, family, friends, associates, neighbor, office, etc) ... that may need my services at this time? Your referrals are greatly appreciated! Respectfully, Steve Harless - 702-217-1680


Comments

By Graham Irving,  Tue Mar 6 2012, 09:01
That was great report and I think it's a very useful tool to show buyers.

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