Las Vegas Real Estate & Short Sale Market Report: 12/02/09

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 December 2, 2009, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR)

• Available – 8,478 (-110 , Last Week 8,588)
• Under Contract – 11,436 (-223 , Last Week 11,659)
• Days of Supply – 22 (+0 , Last Week 22)
• Short Sales – 10,704 (+8 , Last Week 10,696)

Condominiums and Town Homes (CONDO/TH)

• Available – 1,943 (-19 , Last Week 1,962)
• Under Contract – 2,702 (-89 , Last Week 2,791)
• Days of Supply – 22 (+1 , Last Week 21)
• Short Sales – 2,645 (-19 , Last Week 2,664)

Combined SFR + CONDO/TH

• Available – 10,421 (-129 , Last Week 10,550)
• Under Contract – 14,138 (-312 , Last Week 14,450)
• Days of Supply – 22 (+0 , Last Week 22)
• Short Sales – 13,349 (-11 , Last Week 13,360)

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