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Las Vegas, NV

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Las Vegas NV Area "Communities At a Glance" Real Estate Market Report for January 2012

02-12-12
Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com
Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com: Real Estate Agent in Las Vegas, NV
  • view my blog
  • Office: (702) 966-2494 x0
  • Mobile: (702) 580-1783
  • Secondary: (702) 966-2494

Las Vegas Area "Communities At a Glance" Real Estate Market Report for January 2012

Las Vegas Community Real Estate Market Report

What is Absorption Rate?

Absorption rate is basically a report of inventory amounts & trends. It is important for placing offers, pricing new listings and in general understanding where the market is heading. It shows trends in a “monthly format” which gauges how many months it will take for the market to currently “absorb” all of the invententory. You can read more in depth about absorption rate and how it impacts listing a home or buying a home right here.

To View Community Descriptions or See Current Homes for Sale in the above Las Vegas Communities, simply click on the photos below for the specific communities. Listings & Homes for sale are IDX feeds and updated daily (no stale listings,) sorted by the newest listings first:

Summerlin Real Estate & Homes for Sale in Las Vegas

Mountains Edge Real Estate & Homes for Sale in Las Vegas

Rhodes Ranch Real Estate & Homes for Sale in Las Vegas

Desert Shores Real Estate & Homes for Sale in Las Vegas

The Lakes Real Estate & Homes for Sale in Las Vegas

Southern Highlands Real Estate & Homes for Sale in Las Vegas

Nevada Trails Real Estate & Homes for Sale in Las Vegas

Coronado Ranch Real Estate & Homes for Sale in Las Vegas

Arlington Ranch Real Estate & Homes for Sale in Las Vegas

Siena Sun Colony at Summerlin Real Estate & Homes for Sale in Las Vegas

Las Vegas REO Bank Owned Foreclosure Homes for Sale

Las Vegas Short Sale Homes for Sale

These Las Vegas Communities do not yet have descriptions up but you are still able to see their newest Homes for Sale (links updated daily)

Silverado Ranch Real Estate & Homes for Sale

Charleston Heights Real Estate & Homes for Sale

Sun City MacDonald Ranch Real Estate & Homes for Sale

Sun City Aliante Real Estate & Homes for Sale

Sun City Anthem Real Estate & Homes for Sale

Sun City Summerlin Real Estate & Homes for Sale

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Rhodes Ranch Area (Las Vegas NV) Real Estate Market Report & Homes for Sale December 2011

02-12-12
Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com
Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com: Real Estate Agent in Las Vegas, NV
  • view my blog
  • Office: (702) 966-2494 x0
  • Mobile: (702) 580-1783
  • Secondary: (702) 966-2494

Rhodes Ranch Area Homes for Sale

Rhodes Ranch Area Homes for Sale

Rhodes Ranch Area Resale Market Report (homes for sale, pending and sold):

Rhodes Ranch Area Homes for Rent

Rhodes Ranch Area Rental Market Report (homes for rent, contingent, leased)

  • Active Listings (1/15/2012): 153
  • Under Contract (1/15/2012): 31
  • Leased November 2011: 87
  • Low: $700/month (Vistana)
  • Median: $1200/month (Canyon Creek)
  • High: $2500/month (Rhodes Ranch)

Rhodes Ranch Area Homes for Sale

Rhodes Ranch Homes for Sale


Last Month's Market Report

Includes: Apache Hills, Apache Springs (The Falls), Astoria Homes at Rhodes Ranch
(Independence), Canyon Trail, Huntington, Liberty @ Warm Springs, Maplewood, Rhodes
Ranch, Richmond@ Rhodes Ranch, Sierra Madre, Venezia, Vistana.

Rhodes Ranch Area Community Information, Listings & Homes for Sale

Rhodes Ranch Area Most Recent Real Estate Market Report

More Las Vegas Communities Here

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Aliante Homes for Sale with Swimming Pools

02-12-12
Billie Hillier Prudential Americana
Billie Hillier Prudential Americana: Real Estate Sales Person in Henderson, NV
  • view my blog
  • Office: (702) 427-7002
  • Mobile: (702) 427-7002

Aliante Homes for Sale With Swimming Pool

Aliante Homes for Sale With Swimming Pool

Below are all the current homes for sale in Aliante that have swimming pools. If you do not see an Aliante home that fits your needs, contact us to set up a personalized MLS search to assist you to find your new Aliante home. Once your search is created, the MLS will generate automatic updates and updates will be sent to you by email.

Do you want to sell your Aliante home? Click here to read more about our background and our extensive real estate marketing experience to get your home sold fast!

Aliante Homes for Sale With Swimming Pool

aliante homes for sale

Aliante Homes for Sale With Swimming Pool

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Economic Conditions for the Las Vegas Valley February 2012 (includes Henderson & North Las Vegas)

02-12-12
Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com
Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com: Real Estate Agent in Las Vegas, NV
  • view my blog
  • Office: (702) 966-2494 x0
  • Mobile: (702) 580-1783
  • Secondary: (702) 966-2494

Las Vegas Area Homes for Sale

Las Vegas Area Homes for Sale

Las Vegas Area Homes for Sale

  • Foreclosure/Short Sale Listings (1/15/2012): Total Listings 10446; Short Sales: 4935, 47% of all listings; Bank Owned Listings: 2025, 20% of all listings. Short sale and REO listings consume 67% of total listings
  • New Home Sales (November 2011, units sold): 356 Year Change -6.8% (excl condo conversions, highrises)
  • New Home Sales (November 2011, median price): $204,221 Year Change +4.2% (excl condo conversions, highrises)
  • Existing Home Sales (December 2011, units sold): 4098 Year Change +23.7%
  • Existing Home Sales (November 2011, median price): $114,000 Year Change: -5.0%
  • New Home Permits (November 2011): 250 Year Change +54.3%
  • Rental Rate (MLS Monthly Average January 2012): $1447/month

My analysis: Distressed listings (foreclosures and short sales) are 67% of total listings. Units of homes sold is impressive. Credit markets must be watched as underwriting guidelines continue to tighten. Condos are barely financeable. Inventory stopped it's slow increase in December 2010 and now opportunistic buyers are gobbling up inventory through the summer and this trend seems to be continuing through winter. AB 284 is preventing new foreclosures so REO inventory is tight. The rental market is softening due to all the investor/first time buyer combination of activity. This adds more supply and creates less demand. I do believe the rental prices being pressured downward is also causing the resale prices to be pressured downward. Las Vegas is an anomoly to the law of supply & demand, we barely have any inventory yet prices are still declining!

New Residents/Employment Conditions:

Las Vegas Area New Resident Count

Total Employment in Las Vegas

  • New Residents (December 2011): 4646, Year Change +12.2%
  • Total Employment (December 2011): 806,700 Year Change +0.5%
  • Unemployment Rate (December 2011) 12.7%, Year Change -2.4%

My analysis: This sector is FINALLY seeing stabilization thus improvement. It is VERY encouraging to seem these numbers improve - even if slightly! Unemployment rate is still painful however the total employed numbers have remained close to stable for a year. Slight increase with unemployment rate the last two months.

Tourism/Gaming Conditions:

Las Vegas Area Convention Attendance

  • McCarran Airport Total Passengers (December 2011): 3,204,016 Year Change +3.9%
  • Gaming Revenue (November 2011): $836,511,394, Year Change +10.4%
  • Visitor Volume (November 2011): 3,690,942, Year Change +1.9%
  • Convention Attendance (November 2011): 457,686, Year Change +9.2%
  • Hotel/Motel Occupancy (November 2011): 86.9% Year Change +2.0%

My analysis: This sector (tourism) needs to see some serious price corrections before we see a comeback. Corporate credit is not coming back any time soon. It will be hard to get convention attendance back up without corporate credit. Glad to see regular tourists are making their way here with the imbalance of the other numbers to replace the convention attendee numbers. Visitor Volume, Gaming Revenue & Convention Attendance are encouraging and hopefully sustainable.

Sources: Salestraq, Home Builder's Research, Greater Las Vegas Association of Realtors, Nevada State Gaming Control Board, Nevada Department of Motor Vehicles, McCarran International Airport, Las Vegas Convention & Visitor's Authority, Nevada Department of Employment, Training and Rehabilitation. Information deemed reliable but not guaranteed. My analysis is my humble opinion

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Mountain's Edge (Las Vegas NV) Real Estate Market Report & Homes for Sale December 2011

02-12-12
Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com
Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com: Real Estate Agent in Las Vegas, NV
  • view my blog
  • Office: (702) 966-2494 x0
  • Mobile: (702) 580-1783
  • Secondary: (702) 966-2494

Mountains Edge Homes For Sale

Mountain's Edge Homes for Sale

Mountain's Edge Real Estate Market Report & Absorption Rate

Mountain's Edge December 2011 Real Estate Resale Market Report:

  • Listings (1/15/2012): 206
  • Under Contract (1/15/2012): 311
  • Sold December 2011: 88

Since Last Month: Listings are DOWN -4, Pendings are UP +1, Sales are UP +1

Last Month's Mountain's Edge Market Report

View Mountain's Edge Homes For Sale Here (Updated Daily)

More Information on Mountain's Edge Real Estate Here

More Las Vegas Communities Here

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