Certainly a Very Busy Week in Las Vegas Real Estate

As mentioned in my Last post, Las Vegas Short Sale Sellers Beware concerning the increase in available inventory, prices were sure to be cut.

Things got a little slow, we took a little breather and then Las Vegas home prices were cut. We cut prices on a couple of our Las Vegas homes for sale and had immediate action with multiple phone calls and buyers putting in offers.

A quick Las Vegas inventory Report:

On the Las Vegas MLS for sale for Single Family Homes, Townhomes, Condominiums and Manufactured Homes = 16,478 properties available.

Out of these:

3,266 of them are Bank Owned Homes

7,855 of them are Short Sales.

In the Las Vegas High Rise Market...

509 High Rise Condominiums are for sale. 126 of these are short sales and 54 of them are Bank Owned High Rise Condominiums for sale.

Interested in Learning More?

Visit www.LasVegasRealEstate411.com for more information or contact me directly for your Las Vegas Real Estate Needs.

Paul Francis, CRS
Prudential Americana Group, REALTORS
www.LasVegasRealEstate411.com
702.592.3058