North Las Vegas Real Estate - October, 2009 Market Statistics

Listed below are the current inventory and October, 2009 statistics for home sales in the North Las Vegas Nevada real estate market. If you have any questions or need more information about real estate in North Las Vegas call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!

Total Homes Available:

1,711  (as of November 5, 2009) 

• Single-Family:  1,619  (2.1 month supply*)
• Condo:  49  (2.7 month supply)
• Townhouse:  43  (1.4 month supply)

Total Contingent and Pending Sales:

2,904  (as of November 5, 2009)

• Single-Family:  2,679
• Condo:  126
• Townhouse:  99

October, 2009 Sales:

Single-Family:  787  (Price range: $22,500 - $765,000) Condo:  18  (Price range: $10,000 - $180,000) Townhouse:  31  (Price range: $55,000 - $156,890)

Sales per month               May Jun Jul Aug Sep Oct Single Family 729 832 884 740 736 787 Condominium 28 28 33 19 24 18 Townhouse 26 27 29 23 26 31

Median Selling Price:

Single-Family:  $125,000 Condo:  $54,251 Townhouse:  $75,100

Median price by month               May Jun Jul Aug Sep Oct Single Family $135,000 $127,605 $125,000 $126,000 $130,000 $125,000 Condominium $57,274 $54,950 $53,000 $64,000 $57,750 $54,251 Townhouse $89,000 $90,000 $93,000 $75,000 $85,150 $75,100

Average Days on Market:

• Single-Family:  52
• Condo:  35
• Townhouse:  29

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 101-103.
* - Supply = Homes Available/September Sales

Previous reports:

     North Las Vegas Real Estate - September, 2009 Market Statistics
     North Las Vegas Real Estate - August, 2009 Market Statistics
     North Las Vegas Real Estate - July, 2009 Market Statistics


See also:
       
     North Las Vegas, Nevada - Demographics
     North Las Vegas, Nevada - Fast Facts