Las Vegas Real Estate Market Update - 9/16/13

The Market Stats for Las Vegas are as follows:

6,080 SFR homes are listed in available status in the MLS.

733 are short sales

313 are bank owned

5.034 are traditional sellers

Last week there were 819 SFR homes that accepted an offer.

227 were short sales

58 were bank owned

534 were traditional

Last week there were 471 closed properties.

109 were short sale

35 were bank owned

327 were equity

There were 49 non-short sale/bank owned homes that failed to sell, went into Expired status in the MLS.

There is currently a 7.5 week supply of homes on  the market.