I’m so glad you stopped by for Friday Figures! All information from the GLVAR MLS system. Make no mistake, this is what you and your Realtor need to know before touring, making an offer, or listing a home in the Las Vegas Valley this weekend.

Summary: Available listings are rock-steady at 11025, although the percentage of short sales is slightly up. Contingent and pending sales are up slightly too. Closings are returning to a level we saw in most of 2009. Prices appear to be fairly solid — a trend I hope continues.

Other Information: The fact that our local number of listings is stable is even better when you consider that nationwide, the number of listings grew in January. Nationwide, we are also experiencing a decline in the percentage of families that own a home and a mortgage delinquency rate that has reached 10%. Locally, we have a rising rate of short sales (still not getting them approved fast enough, but it’s progress), declining apartment rent prices (rental homes and condos have pretty much remained stable since I’ve been tracking the data), and a loss of 15,000 jobs. Just for fun, here’s a look at the CityCenter project.

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