As of this writing, there are approx. 4,389 short sales for sale in the Las Vegas area, this includes, resale single family homes, condos, townhomes, of that approx 3,443 of them are single family homes.
There are approx. 11,756 short sales that are in escrow under contract/pending in the Las Vegas area.
Total short sale closings year to date in the Las Vegas Valley area are approx. 4,111.
More short sales are closing and in some cases time frames for the wait has been reduced, but as you can see from the pendings, it is still a trickle.
Stats are on Resale Single Family homes only per the GLVAR MLS as of this writing, covers the Las Vegas Valley, North Las Vegas, Henderson area.
Blog Disclaimer-This is a personal blog. All information is provided for informational purposes only and is Not legal advice, consult an attorney or financial expert for legal advice. This is general information and is not intended to provide advice on any specific question or transaction. All figures, sizes,etc are estimates. Parties to any real estate transaction should seek competent legal and/or tax counsel to determine the legal, credit and tax consequences of buying or selling a home.
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