Las Vegas Real Estate Market Report: 5/7/08
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 7, 2008, data is obtained from the Greater Las Vegas Association of Realtors MLS.
Single Family Residence (SFR)
Available – 16,669 (-262 , Last Week 16,931)
Under Contract – 5,339 (+102 , Last Week 5,237)
Days of Supply – 94 (-3 , Last Week 97)
Short Sales – 5,960 (+63 , Last Week 5,897)
Condominiums and Town Homes (CONDO/TH)
Available – 4,684 (-30 , Last Week 4,714)
Under Contract – 706 (+5 , Last Week 701)
Days of Supply – 199 (-3 , Last Week 202)
Short Sales – 958 (+24 , Last Week 934)
Combined SFR + CONDO/TH
Available – 21,353 (-292 , Last Week 21,645)
Under Contract – 6,045 (+107 , Last Week 5,938)
Days of Supply – 106 (-3 , Last Week 109)
Short Sales – 6,918 (+87 , Last Week 6,831)
For the complete Las Vegas Real Estate Market Report, including detailed tables and graphs, visit www.narreia.com/market/housingreports.php (login required).
NARREIA reports on several real estate markets for investors, including:
Las Vegas, NV
Phoenix, AZ
Boise, ID
Salt Lake City, UT
Fairfax, VA; Spartansburg-Spotsylvania-Stafford, VA
Brentwood, CA; Concord, CA; Danville, CA; Walnut Creek, CA
San Antonio, TX
Charlotte, NC
These reports are free for real estate investors, and they do require a login. Registration is free and will provide you with access to free investment tools, market condition reports, hot properties, and contact information for agents, developers, contractors, and lenders across the country. Be sure to visit www.NARREIA.com.
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