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

Las Vegas real estate - February, 2008 market statistics

Listed below are the current inventory and February, 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:

14,836  (as of March 5, 2008) 
  • Single-Family:  11,043  (17.5 month supply*)
  • Condo:  2,851  (31.0 month supply)
  • Townhouse:  942  (24.8 month supply)

Total Contingent and Pending Sales:

2,561  (as of March 5, 2008)

  • Single-Family:  2,138
  • Condo:  302
  • Townhouse:  121

February, 2008 Sales:

  • Single-Family:  632  (Price range: $71,000 - $3,800,000)
  • Condo:  92  (Price range: $66,500 - $5,000,000)
  • Townhouse:  38  (Price range: $63,000 - $310,000)
Sales per month
 SepOctNovDecJan '08Feb '08
Single Family610611582544575632
Condominium10510581758792
Townhouse614654514438


Median Selling Price:
  • Single-Family:  $243,950
  • Condo:  $138,550
  • Townhouse:  $170,000
Median price by month
 SepOctNovDecJan '08Feb '08
Single Family$280,000$270,000$260,000$260,000$249,000$243,950
Condominium$163,500$152,000$163,800$160,000$146,000$138,550
Townhouse$185,900$187,250$193,500$201,000$198,000$170,000


Average Days on Market:
  • Single-Family:  88
  • Condo:  81
  • Townhouse:  88

 
 SepOctNovDecJan '08Feb '08
Single Family777882798988
Condominium100998411210481
Townhouse127811139110188

GLVAR deems information reliable but not guaranteed. Information is for MLS areas 201-505.
* - Supply = Homes Available/February 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 - January, 2008 market statistics
     Las Vegas real estate - December, 2007 market statistics
     Las Vegas real estate - November, 2007 market statistics     
     Las Vegas real estate - October, 2007 market statistics

1 comment • John Novak - Las Vegas and Henderson NV Real Estate • March 05 2008 11:23PM

Comments

You are the rain man... I love this info!!!
Posted by Julie Youngblood about 4 years ago

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