Current Las Vegas Area Buying and Selling Homes Real Estate Conditions

Current Las Vegas Area Buying and Selling Homes Real Estate Conditions

Thursday, December 4, 2014

Las Vegas Housing Inventory

Vegas Valley Inventory - Las Vegas, NLV, Henderson

Our current inventory as of  12/04/2014

Total on the market- 7905 Single Family Homes

319- Foreclosures / REO

1041- Short Sales

We are seeing an increase in the inventory.  The biggest problem is over priced listings.  It seems many real estate agents are doing a disservice to their clients by putting these listings on at such a high price they will not sell.   Agents who are pricing their listings correct are selling quickly.  This doesn't not mean below market value, but close to / higher than previous sales in its neighborhood.   Pricing and a good selling strategy is what is giving sellers the most advantage.