Las Vegas Real Estate Market Stats!

Here are stats for this week!

3,871 Available!  Of those; 9% are REO's, 26% are Short Sales and 65% are Equity.

985 went in P, C status last week!  Of those; 15% were REO, 49% were Short Sale, 36% were Equity.

493 Closed Escrow!  Of those; 19% were REO, 39% were Short Sales, 42% were Equity!

Only 43 non-short sale, non-REO homes expired from the MLS last week!

Also, some interesting numbers in REO:  There are only 358 available (an increase from last week) AND, there is only a 2.4 weeks supply of bank owned homes.  They are still coming on the market but are flying off the shelves!