As of yesterday, there were 16,124 single family residences available in the Las Vegas Valley. An additional 4457 condos and townhomes were for sale.  This number is just a little higher than last week, but we seem to be holding stable near 16,000 single family homes — and it’s a huge improvement since the first of the year!

Roughly 34% of those houses were short sales, and another 29% were bank owned.

There were almost 6700 homes available for under $110 per square foot; over 2200 of them were under $80 per square foot.  While some of these need some serious TLC, many are in pretty good shape.

Feel free to contact me if you need to know more.