Las Vegas, Henderson and North Las Vegas Real Estate: Las Vegas real estate - January, 2008 market statistics

Las Vegas real estate - January, 2008 market statistics

Listed below are the current inventory and January, 2008 statistics for home sales in the Las Vegas, Nevada real estate market. If you have any questions or need more information about real estate in Las Vegas, Nevada call me at (702) 339-9700 or email me at JohnNovak@kw.com. I'm looking forward to earning your business!

Total Homes Available:

15,473  (as of February 4, 2008) 
  • Single-Family:  11,501  (20.0 month supply*)
  • Condo:  2,979  (34.2 month supply)
  • Townhouse:  993  (22.6 month supply)

Total Contingent and Pending Sales:

1,761  (as of February 4, 2008)

  • Single-Family:  1,448
  • Condo:  230
  • Townhouse:  83

January, 2008 Sales:

  • Single-Family:  575  (Price range: $62,000 - $5,800,000)
  • Condo:  87  (Price range: $103,000 - $1,800,000)
  • Townhouse:  44  (Price range: $129,900 - $516,000)
Sales per month
 AugSepOctNovDecJan '08
Single Family782610611582544575
Condominium138105105817587
Townhouse886146545144


Median Selling Price:
  • Single-Family:  $249,000
  • Condo:  $146,000
  • Townhouse:  $198,000
Median price by month
 AugSepOctNovDecJan '08
Single Family$296,338$280,000$270,000$260,000$260,000$249,000
Condominium$172,250$1635000$152,000$163,800$160,000$146,000
Townhouse$207,500$185,900$187,250$193,500$201,000$198,000


Average Days on Market:
  • Single-Family:  89
  • Condo:  104
  • Townhouse:  101

 
 AugSepOctNovDecJan '08
Single Family727778827989
Condominium971009984112104
Townhouse711278111391101

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

Neighborhood reports - 4th quarter, 2007:

Blue Diamond RanchNevada Trails
Blue Diamond SpringsSilverado Hills
Breamoor HeightsSilverado Trails
Concordia at Deer SpringsSouthern Highlands - Bella Terra
Concordia at Lone Mountain WestSouthern Highlands - Cortona Hills
El Capitan RanchSouthern Highlands - Montagne Marron
Elkhorn SpringsSouthern Highlands - Royal Highlands
Los PradosSouthern Highlands - Toscana Vineyards
Maryland Pebble

See also:
     Las Vegas real estate - December, 2007 market statistics
     Las Vegas real estate - November, 2007 market statistics
     Las Vegas real estate - October, 2007 market statistics

2 comments • John Novak - Las Vegas and Henderson NV Real Estate • February 06 2008 11:00PM

Comments

Thanks for the info John.

What's the value of the Bunny Ranch now?

Posted by Ron Avneri Financial Professional over 4 years ago

John, great grapics showing the statistical activity in your market. Where do you get these? Any simple way?

Pepper

Posted by Teri Ellis at Homes Arizona Real Estate LLC over 4 years ago

Participate

(optional)
What does the graphic say?