The Latest Las Vegas Real Estate Market Report: 07/29/09

This is the latest Las Vegas Real Estate Market Report from www.NARREIA.com (National Association of Residential Real Estate Investment Advisors). For the week of July 29, 2009, data is obtained from the Greater Las Vegas Association of Realtors MLS.

Single Family Residence (SFR)

• Available – 9,007 (-80 , Last Week 9,087
• Under Contract – 10,888 (+117 , Last Week 10,771
• Days of Supply – 25 (+0 , Last Week 25
• Short Sales – 9,275 (+106 , Last Week 9,169

Condominiums and Town Homes (CONDO/TH)

• Available – 2,874 (-21 , Last Week 2,895
• Under Contract – 2,549 (+42 , Last Week 2,507
• Days of Supply – 34 (-1 , Last Week 35
• Short Sales – 2,478 (+32 , Last Week 2,446

Combined SFR + CONDO/TH

• Available – 11,881 (-101 , Last Week 11,982
• Under Contract – 13,437 (+159 , Last Week 13,278
• Days of Supply – 27 (+0 , Last Week 27
• Short Sales – 11,753 (+138 , Last Week 11,615

For More Information on Las Vegas Real Estate contact Makea Turner REALTOR, Certified Short-Sale Professional With Realty One Group (702) 542-1883 or you can email me TurnerMakea@cox.net You can also visit my website http://www.BuyOrSellLasVegasForeclosures.com
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