30-Day Market Snapshot as of 9/6/2008 Active listings in ARMLS 52,045 (51,799 last week) Active with contingency 997 (945 last week) Pending sales 6,963 (6,740 last week) Sales in last 30 days 5,038 (5,829 last week) (NOTE: With the switch to FlexMLS, the expired, cancelled, and temporarily off market numbers are not accurate and are, therefore, not included in this report at this time)
(from ARMLS for past 30 days - residential sales only)
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Looks like your market is trending up.
The trend is just begining... With the new wave of upcoming foreclosures we will see our market climb again (and I do not mean prices). The other thing that you will see is a drop in purchases with the termination of the seller's assited down payment program the end of this month. Here in Las Vegas we were just starting to see light at the end of the tunnle and now???