Chris Shouse

Come Home To Las Vegas

Inventory: The number of resale homes on the market (those listed with Realtors and posted in the Multiple Listing Services) fell by 535 units during the past week causing total inventory to reach 19,888 homes. Compared to the same week of the prior year, inventory levels are down 16.5 percent, or 3,925 units. Inventory levels are at their lowest ...

Not too much movement since last week but some more Pending so buyers are writing offers. See Stats Here

Slow but steady ComeHometoLasVegas

LAST UPDATED:  December 8, 2008                Single FamilyCondo/Townhome# Listed# Sold# Listed# Sold200460,66135,26058%200411,3067,58167%200557,94333,52958%200511,4747,87269%200664,04924,13038%200615,5895,82637%200762,78315,27924%200715,2433,27621%200861,03824,92441%200813,0763,69428% ...

Single Family Residence On The Market                  16,930 Bank Owned                       6,122 Short ...

Single Family Residence On The Market                  16,968 Bank Owned                         5,973 Short ...

ZIP CODES 89134 and 89138 and 89144 Single Family Residence On The Market                         611 Bank ...

After several years of overvaluation based on factors including historic median prices, household income, interest rates and population density, Las Vegas now faces serious undervaluation: Third quarter 2004Third quarter 2005Third quarter 2006Third quarter 2007Third quarter 2008Price: $240,800Price: $274,800Price: $294,900Price: $272,400Price: ...