Las Vegas Real Estate Market Report: 05/13/09

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 May 13, 2009, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR)
Available 11,504 (-580 , Last Week 12,084)
Under Contract 9,806 (+505 , Last Week 9,301)
Days of Supply 35 (-4 , Last Week 39)
Short Sales 8,293 (+45 , Last Week 8,248)

Condominiums and Town Homes (CONDO/TH)
Available 3,796 (-50 , Last Week 3,846)
Under Contract 1,937 (+118 , Last Week 1,819)
Days of Supply 59 (-4 , Last Week 63)
Short Sales 2,193 (+68 , Last Week 2,125)

Combined SFR + CONDO/TH
Available 15,300 (-630 , Last Week 15,930)
Under Contract 11,743 (+623 , Last Week 11,120)
Days of Supply 39 (-4 , Last Week 43)
Short Sales 10,486 (+113 , Last Week 10,373)

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