Las Vegas, Henderson and North Las Vegas Real Estate: Las Vegas Real Estate - June, 2009 Market Statistics

Las Vegas Real Estate - June, 2009 Market Statistics

Sales activity in the Las Vegas real estate market for June, 2009 and current Las Vegas real estate inventory is summarized below. If you have any questions or need more information about real estate in Las Vegas, call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!

Total Homes Available:

8,345  (as of July 4, 2009) 

  • Single-Family:  5,837  (2.5 month supply*)
  • Condo:  1,916  (3.7 month supply)
  • Townhouse:  592  (3.0 month supply)

Total Contingent and Pending Sales:

8,390  (as of July 4, 2009)

  • Single-Family:  6,556
  • Condo:  1,372
  • Townhouse:  462

June, 2009 Sales:

  • Single-Family:  2,348  (Price range: $19,000 - $3,950,000)
  • Condo:  522  (Price range: $15,000 - $2,225,000)
  • Townhouse:  197  (Price range: $15,750 - $425,000)
Las Vegas Real Estate - 6 month Sales Trend
Sales per month            
  Jan Feb Mar Apr May Jun
Single Family 1448 1435 1920 1969 2037 2348
Condominium 263 267 352 407 431 522
Townhouse 94 90 134 167 159 197

Median Selling Price:

  • Single-Family:  $132,000
  • Condo:  $62,500
  • Townhouse:  $70,000
Las Vegas Real Estate - 6 month Price Trend
Median price by month            
 

Jan

 Feb Mar Apr May Jun
Single Family $151,500 $149,000 $140,000 $130,000 $134,000 $132,000
Condominium $70,000 $69,900 $63,850 $57,100 $60,750 $62,500
Townhouse $93,625 $78,950 $73,950 $71,126 $70,000 $70,000

Average Days on Market:

  • Single-Family:  66
  • Condo:  66
  • Townhouse:  83

             
  Jan Feb Mar Apr May Jun
Single Family 61 66 70 66 65 66
Condominium 59 70 72 83 81 66
Townhouse 80 68 73 82 72 83

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 201-505.
* - Supply = Homes Available/June Sales

Previous reports:

     Las Vegas Real Estate - May, 2009 market statistics
     Las Vegas Real Estate - April, 2009 market statistics

     Las Vegas Real Estate - March, 2009 market statistics
     Las Vegas Real Estate - February, 2009 market statistics
     Las Vegas Real Estate - January, 2009 market statistics

1 comment • John Novak - Las Vegas and Henderson NV Real Estate • July 04 2009 09:54PM

Comments

John

Looks like Las Vegas is doing pretty good; hope you had a great Fourth of July.

Posted by Tom Braatz,Waukesha County Realtor Real Estate agent,Waukesha Cty WI Real Estate (Re/Max Realty Center 262-377-1459) almost 3 years ago

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