Map Popup Area
Transparent Image Northwest North Las Vegas Summerlin Lakes Downtown Spring Valley Southwest Southeast Las Vegas Strip Whitney Green Valley Green Valley South Boulder City Sunrise Map
Northwest Northwest
Silverstone Ranch Sky Canyon &
Centennial Painted
North Las Vegas North
Las Vegas
Aliante Sun City
Summerlin Summerlin
The Vistas /
The Paseos
Eagle Hills Red Rock
Club &
The Ridges
Lakes Lakes
Queensridge Peccole Ranch
Downtown Downtown
Spring Valley Spring Valley
Spanish Hills Spanish Trails
Southwest Southwest
Rhodes Ranch Mountain’s edge Southern
Southeast Southeast
Las Vegas Strip Las Vegas Strip
Whitney Whitney
Green Valley Green Valley/
Cadance & Lake Las vegas The Fountains Tuscany
Green Valley South Henderson/
Green Valley South
Silverado Ranch Macdonald Ranch Anthem Country Club &
Seven Hills
Boulder City Boulder City
Sunrise Sunrise
Nellis Airforce Base Stallion Mountain

Main Content

Las Vegas real estate market closing for February 2013

Las Vegas real estate market summary

There were a total of 3,015 Single Family, Condos and Townhouses closed in the month of February in the Las Vegas home market. This represents an increase of 360 more closed image-showing-las-vegas-real-estate-markettransactions than in January. Cash purchases are still dominating Las Vegas and foreclosures have slowed to a snails pace. 1,185 transactions were closed with  financing including nearly 500 utiliing VA & FHA loans. This offers some hope the the buyers that need financing in the Las Vegas Market.

Las Vegas real estate market transaction breakdown for February

Resale 1565 – 51.9%         Short Sales 1160 – 38%        REO 290 – 9.6%
Comparing January 2013 #’s/ Resale was 1348 – 49.2% ~ Short  Sales was  979 – 36.9%    REO was  328 – 12.4%

1785  Cash purchases (This is up by 282 from January)

686 Conventional Financing (This is up by 31 from January)

404 FHA Financing (This is up by 18 from January)

95  VA Financing (This dropped by 12 from January)

Las Vegas Housing Market News for February 2013.