For Most Current Las Vegas REO Inventory Market Report. What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports? General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley. They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite. View More FAQ About My Las Vegas Area Real Estate Market Reports. 11/18/2013

The Las Vegas Valley (includes Henderson & North Las Vegas) has seen some major market stabilization in the last year!  Absorption for August 2009 is a seller's market @ 2.5 months of inventory (dropfrom last month, seeing some micros inch up with inventory!)  Some micro-markets (ie,Foreclosures Bank Owned, REO) are extreme seller's markets where there is no mercy to the buyers, multiple offers are the norm!  Las Vegas Area Market Activity (Includes North Las Vegas, Henderson and Las Vegas) Listings (10/15/2009):  10371 Under Contract (10/15/2009):  15034 Sold September 2009:  4168 Month's Inventory:  2.8 Short Sales: 44% of Listings 14% of Sales REO (Foreclosures, Bank Owned:) 21% of Listings 69% of Sales The above breakdown shows how very few short sales are being closed and how litt... 10/15/2009