About Las Vegas' Hillcrest At Lone Mountain

Las Vegas Real Estate Inventory is still increasing RAPIDLY. Against my predictions, we are still a seller's market yet flirting with stable market territory. This will afford more opportunities for buyers to have less competition when placing offers in homes.

Las Vegas Area Market Activity (Includes North Las Vegas, Henderson and Las Vegas)

• Listings (12/15/2010): 15666
• Under Contract (12/15/2010): 11974
• Sold November 2010: 3396

Short Sales:

• 50% of Listings
• 19% of Sales

REO (Foreclosures, Bank Owned:)

• 22% of Listings
• 61% of Sales

In One Month: Listings are UP +66 units, Contracted Listings DOWN -462, Sales are UP +144 units. Close ratios are going lower because much of the pending inventory is short sales which requires LONGER close times.

DOWN PAYMENT ASSISTANCE HAS NOT ENDED FOR FIRST TIME BUYERS, HOWEVER!!

Last Month's Pending Report

For Most Current Las Vegas Real Estate Inventory Market Report Click Here.

What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?

General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?) It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley. They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.

View More FAQ About My Las Vegas Area Real Estate Market Reports.