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Las Vegas homes that get listed get sold in 2012 – seriously

Las Vegas 2008 vs 2012 listed VS. sold

Las Vegas home inventory update:

The most recent information on the Las Vegas Housing market indicates that 88% of homes listed this year sold vs. mid 60% the previous 3 years and only 41% in 2008. Condo’s and Townhome came in even higher at a whopping 89%. There is definitely some serious demand for Las Vegas, Summerlin, Henderson, Green Valley, and North Las Vegas properties. This is why buyers are complaining about a lack of inventory here in the city as strong buyer demand continues to consume all the inventory,

 

Yes, Las Vegas prices are definitely increasing also!

I will be offering a follow up post on pricing.