Las Vegas Housing Inventory as of 12/1/2007
Inventory in Las Vegas is down just a bit from October's figures. Closings are down by 48 over November. Stats include all of Clark County NV.
| Las Vegas NV: Current Inventory Update | ||
| * | 11/1/2007 | 12/1/2007 |
| * | ||
| Total Inventory: | 28,331 | 27,100 |
| Single Family Residential Inventory: | 22,026 | 21,091 |
| Condo/Townhouse Inventory: | 5,693 | 5,457 |
| Manufactured Homes Inventory: | 612 | 552 |
| Total Pending/Contingent | 2,283 | 2,417 |
| Total Vacant (active): | 13,494 | 13,374 |
| Total Percent of Vacant: | 47% | 49% |
| Total Months of Inventory: | 18 | 18 |
| Closings | 1,246 | 1,198 |
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These figures do not include new homes (not in the MLS) or For Sale By Owners, nor do they include those bank owned properties not in the MLS. All figures are per the GLVAR MLS system and are deemed to be correct but not guaranteed.
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I love to see market stats from around the country. You said your inventory is DOWN and I was looking at the numbers like WOW!! Quite a difference from one coast to another.
49% of the homes listed are vacant???? UGH! That hurts!
49% of the homes listed are vacant???? UGH! That hurts!