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 August 20, 2008, data is obtained from the Greater Las Vegas Association of Realtors MLS.
Single Family Residence (SFR)
Available – 16,127 (-124 , Last Week 16,251)
Under Contract – 6,354 (+157 , Last Week 6,197)
Days of Supply – 76 (-3 , Last Week 79)
Short Sales – 7,361 (+84 , Last Week 7,277)
Condominiums and Town Homes (CONDO/TH)
Available – 4,636 (+34 , Last Week 4,602)
Under Contract – 853 (+26 , Last Week 827)
Days of Supply – 163 (-4 , Last Week 167)
Short Sales – 1245 (+24 , Last Week 1,221)
Combined SFR + CONDO/TH
Available – 20,763 (-90 , Last Week 20,853)
Under Contract – 7,207 (+183 , Last Week 7,024)
Days of Supply – 86 (-3 , Last Week 89)
Short Sales – 8,606 (+108 , Last Week 8,498)
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