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Las Vegas Real Estate Inventory Market Update - 9/6/2022

9/6/2022

Below is the number of units coming soon to the market and actively available for sale. This number has increased month after month since Q1 this year.
INVENTORY AS OF 9/6 CSL AND ER
SFR 1880 - 8,115
CONDOS 237 - 1,113
TOWNHOMES - 784
MF - 107

Below is the number of units currently under contract in the process of being sold. This number has decreased month after month since Q1 this year.
INVENTORY AS OF 9/6 UCS AND UCNS
SFR - 2,315
CONDOS -325
TOWNHOMES - 321
MF 63 - 32

Below is the number of units that have sold in the past 30 days. This number has decreased month after month since Q1 this year.
INVENTORY AS OF 9/6 SOLD PAST 30 DAYS
SFR 2359 -1,737
CONDOS - 294
TOWNHOMES - 230
MF -34

Below is the months of current inventory, which is the amount of available units currently available for sale / by the number of units that sold within the past 30 days. This number has increased month after month since Q1 this year.
MONTHS / DAYS OF SUPPLY AS OF 9/6
SFR - 4.67 mo 140 days
CONDOS - 3.79 mo 114 days
TOWNHOMES - 3.41 mo 102 days
MF - 3.14 mo 94 days

If you have any questions about the current market or if now is a good time to buy or sell your home given the current market conditions please give us a call. We are always here and happy to help provide answers and guidance in this ever changing real estate market. You consultation is always confidential and you have no obligation to buy or sell should you choose not to.