Hello Bigger Pockets!

Greetings, Bigger Pockets readers ... This blog is here to provide news, market reports and statistics about single-family homes, condos, and high rises in the Las Vegas real estate market, including Henderson and North Las Vegas.

After what some may call hyper appreciation in the early 2000s (some ZIP codes gained 50% per year), Las Vegas is now in a challenging market dominated by distressed inventory.

As of July 20, there are 11,976 single-family homes listed for sale in the Las Vegas valley.

• 5,347 (44.7%) are short sales
• 2,668 (22.3%) are REOs (bank owned)
• 3,961 (33.0%) are regular sales
  
• 3,650 (30.5%) are priced under $100,000
• 5,119 (42.7%) are priced from $100,000 to $200,000

Have questions about opportunities in Las Vegas real estate? I love working in Excel and finding trends and statistics, or showing you the benefits and amenities of our many master planned communities. Call me at (702) 339-9700 or email [email protected] and let's help each other get through (and succeed) in the challenging Las Vegas market.