Las Vegas NV Area Pendings Real Estate Market Report for March 2013 (includes Henderson & North Las Vegas)
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Las Vegas Real Estate Inventory is seeing a major decrease as the aftermath of NV AB 284. Active listings are up stagnant at the moment but LOW LOW LOW! 2012 will be another interesting year for Las Vegas Real Estate! Las Vegas Area Market Activity (Includes North Las Vegas, Henderson and Las Vegas) Listings (4/15/2013): 4121 Under Contract (4/15/2013): 12694 Sold March 2013: 3477 Short Sales: 13% of Listings 34% of Sales REO (Foreclosures, Bank Owned:) 11% of Listings 12% of Sales In One Month: Listings are UP +86 units, Contracted Listings are DOWN -139 units, Sales are UP +376 units. Close ratios are going lower because much of the pending inventory is short sales which requires LONGER close times. Last Month's Pending Report For Most Current Las Vegas Real Estate Inventory Market R...