Las Vegas Real Estate Market Report: 06/03/09

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 June 3, 2009, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR)
Available 10,417 (-403 , Last Week 10,820)
Under Contract 10,149 (-55 , Last Week 10,204)
Days of Supply 31 (-1 , Last Week 32)
Short Sales 8,484 (+35 , Last Week 8,449)

Condominiums and Town Homes (CONDO/TH)
Available 3,383 (-157 , Last Week 3,540)
Under Contract 2,179 (+73 , Last Week 2,106)
Days of Supply 47 (-3 , Last Week 50)
Short Sales 2,282 (+31 , Last Week 2,251)

Combined SFR + CONDO/TH
Available 13,800 (-560 , Last Week 14,360)
Under Contract 12,328 (+18 , Last Week 12,310)
Days of Supply 34 (-1 , Last Week 35)
Short Sales 10,766 (+66 , Last Week 10,700)

Are you a Homeowner Considering a Las Vegas Short Sale?

The O'Brien-Nikolv Team are experts with the Las Vegas short sale process.

Jan O'Brien is the co-author of the Certified Foreclosure Alternatives Consultant designation course.   Call Us direct at 702-608-5260 to schedule a Foreclosure Alternatives Consultation today