Market Stats-Las Vegas-9/17/12

Here are the numbers for this week!

4,109 SFR Homes in Las Vegas/Henderson area are availble.  That's up a few hundred since this time last month.

8% are REO, 22% are Short Sales, 70% are Equity (Regular Sales)

Last Week 923 went into Escrow.

12% were REO, 52% were Short Sales, 36% were Equity.

Last Week there were 480 Closed Transactions.

14% were REO, 45% were Short Sales, 41% were Equity.

There were 48 Non-Short Sale, Non-REO Expired homes last week. 

At our current rate of sales, it will take 4.5 weeks to sell all the inventory we have if not one more home came on the market!