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The absorption rate for Las Vegas Valley Area Short Sales went up slightly for November 2008. Absorption still remains high and just slightly above the 2 year mark. Inventory has decreased sharply (-162 units). Pending units have decreased by -113 units. Solds have increased by +55 units. Absorption down 6 months but I do not believe the tide is turning.
There are many reasons for the lack of closings in this market and it is outlined in this post.
Short Sale Synopsis:
Short Sales Currently Account for:
One thing you really need to consider when buying or selling short is to make sure the list agent is EXPERIENCED in this niche. These deals are hard to pull whether it is or is not an experienced agent.
Read here for the most current Las Vegas Area Short Sale Report.
Read here for last month's report on Las Vegas Area Short Sales.
If you need to sell your home via a short sale by a proven short sale expert, you can either fill out the form on this page or you can call 702-966-2494 and press option 0. If you would like to buy a short sale property you can call 702-966-2494 and press option 1 for a Realtor or option 3 for Financing Questions. Be sure to ask about down payment assistance (zero down/100% loans) for first time buyers through grants and bonds! Para español presione el cuatro
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ANGEL POINT - LUXURY LIVING AT AN AFFORDABLE PRICE!
| STATUS | ADDRESS | LIST PRICE | SALE PRICE | BDRM | BATH | SQ FEET | LISTED SINCE | CLOSED | * | Original |
| ACTIVE | DURANGO #115 | $170,000 | * | 2 | 2 | 1016 | 11/21/2006 | * | * | 184,950 |
| ACTIVE | DURANGO #204 | $157,500 | * | 2 | 2 | 1188 | 11/16/2007 | * | PROBATE | 177,400 |
| ACTIVE | ALTA #124 | $175,000 | * | 2 | 2 | 1016 | 7/13/2007 | * | SHORT SALE | 181,900 |
| ACTIVE | DURANGO #123 | $170,000 | * | 2 | 2 | 1016 | 6/20/2007 | * | SHORT SALE | 170,000 |
| ACTIVE | ALTA #226 | $159,900 | * | 2 | 2 | 1016 | 11/16/2007 | * | * | 174,990 |
| ACTIVE | DURANGO #220 | $134,900 | * | 2 | 2 | 1016 | 8/24/2007 | * | BANK OWN | 192,500 |
| ACTIVE | DURANGO #117 | $158,900 | * | 2 | 2 | 1016 | 7/18/2007 | * | * | 183,500 |
| ACTIVE | DURANGO #211 | $159,900 | * | 2 | 2 | 1188 | 1/16/2008 | * | BANK OWN | 159,900 |
| * | * | * | * | * | * | * | * | * | * | * |
| SOLD | ALTA #113 | 179,900 | * | 2 | 2 | 1188 | 12/14/2006 | 11/14/2007 | ||
| SOLD | DURANGO #129 | 169,900 | $169,900 | 2 | 2 | 1188 | 3/2/2007 | 8/3/2007 | ||
| SOLD | DURANGO #224 | 182,000 | $182,000 | 2 | 2 | 1188 | 6/4/2007 | 7/31/2007 | ||
| SOLD | DURANGO #118 | 185,900 | $176,100 | 2 | 2 | 1188 | 8/28/2006 | 6/30/2007 | ||
| SOLD | DURANGO #122 | 182,000 | 182,000 | 2 | 2 | 1016 | 11/17/2006 | 5/30/2007 | ||
| SOLD | ALTA #131 | 184,370 | 184,370 | 2 | 2 | 1188 | 3/15/2006 | 4/27/2007 |
Information is from the GLVAR MLS and is deemed reliable but not guaranteed.
Visit my listing in Angel Point by clicking here
Call or e-mail me with all your real estate needs!

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Angel Point is perfect for investors, second home buyers, first time home buyers, retirees, etc. They are a great buy for someone working close by at Boca Park....what a location!
Seven units are currently for sale in Angel Point. If you have any questions on any of these please feel free to contact me using my contact info on the right hand side! If you would like to set up a viewing please let me know...I can arrange that for you to view the property. Lets find you a perfect place!
I specialize in Angel Point...and currently have one listed. You can see all the details on this specific unit by clicking here. It is a downstairs unit...in PRIMO condition. and although the unit is 10 years old the owner has only lived in it a couple of months out of each year. It is move-in ready, and priced to sell...you couldn't ask for a better location, with parking directly in front of the unit.
For all your Las Vegas Real Estate needs please be sure to call me.
| STATUS | ADDRESS | LIST PRICE | SALE PRICE | BDRM | BATH | SQ FEET | LISTED SINCE | CLOSED | Original | |
| ACTIVE | 350 S DURANGO #115 | $170,000 | * | 2 | 2 | 1016 | 11/21/2006 | * | 184,950 | |
| ACTIVE | 350 S. DURANGO #204 | $164,900 | * | 2 | 2 | 1188 | 11/16/2007 | * | PROBATE | 177,400 |
| ACTIVE | 8450 W. ALTA #124 | $175,000 | * | 2 | 2 | 1016 | 7/13/2007 | * | SHORT SALE | 181,900 |
| ACTIVE | 350 S DURANGO #123 | $170,000 | * | 2 | 2 | 1016 | 6/20/2007 | * | SHORT SALE | 170,000 |
| ACTIVE | 8450 W. ALTA #226* | $169,000 | * | 2 | 2 | 1016 | 11/16/2007 | * | 174,990 | |
| ACTIVE | 350 S. DURANGO #220 | $142,500 | * | 2 | 2 | 1016 | 8/24/2007 | * | BANK OWN | 192,500 |
| * | * | * | * | * | * | * | * | * | * | * |
| SOLD | 8450 ALTA #113 | 179,900 | * | 2 | 2 | 1188 | 12/14/2006 | 11/14/2007 | ||
| SOLD | 350 S DURANGO #129 | 169,900 | $169,900 | 2 | 2 | 1188 | 3/2/2007 | 8/3/2007 | ||
| SOLD | 350 S DURANGO #224 | 182,000 | $182,000 | 2 | 2 | 1188 | 6/4/2007 | 7/31/2007 | ||
| SOLD | 350 S DURANGO #118 | 185,900 | $176,100 | 2 | 2 | 1188 | 8/28/2006 | 6/30/2007 | ||
| SOLD | 350 S DURANGO #122 | 182,000 | 182,000 | 2 | 2 | 1016 | 11/17/2006 | 5/30/2007 | ||
| SOLD | 8450 ALTA #131 | 184,370 | 184,370 | 2 | 2 | 1188 | 3/15/2006 | 4/27/2007 | ||
| SOLD | 350 S DURANGO #221 | 189,990 | 189,900 | 2 | 2 | 1188 | 1/15/2007 | 3/7/2007 | ||
| SOLD | 8450 ALTA #218 | 187,000 | 180,000 | 2 | 2 | 1188 | 7/12/2006 | 2/26/2007 | ||
| SOLD | 8450 ALTA #213 | 179,900 | 178,000 | 2 | 2 | 1188 | 2/15/2006 | 2/21/2007 | ||
| SOLD | 8450 ALTA #211 | 189,000 | 179,000 | 2 | 2 | 1016 | 11/8/2005 | 1/2/2007 |
Figures are per the GLVAR MLS and are deemed reliable but not guaranteed.

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