Current Las Vegas Area Buying and Selling Homes Real Estate Conditions

Current Las Vegas Area Buying and Selling Homes Real Estate Conditions

Tuesday, June 26, 2012

Las Vegas Valley Single Famliy Home Inventory report 6/26/12:

Total homes for sale 3695. This is in Las Vegas,Henderson and North Las Vegas combined (no condos or townhomes).

Out of the 3695
REO: 366
Short Sales: 950
The remaining properties are flips and resale.  We are finding that a large number of these are listed above the comparables in the neighborhood and above appraisal. 

Do to this incredibly low inventory we are seeing multiple offers on most  properties.
 

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