Las Vegas Bank Owned Properties for sale declines another 10.8%

Posted by Paul Francis on Monday, March 31st, 2014 at 12:56pm.

Bank Owned Properties for Sale in Las Vegas drops 10.8% month over month

Las Vegas area Bank owned properties for saleSpeculation that the lenders will be dumping Bank Owned properties on the Las Vegas market for sale continues to not materialize as once again, the available amount of Bank Owned properties in the Las Vegas area drops month over month.

In the February Bank Owned Report, available inventory dropped 3.41%. Compared to last month, Bank Owned Inventory available for sale on the Las Vegas Multiple Listing Service (MLS) has dropped another 10.8% with the only increase coming in condominiums.

Bank Owned Properties in the Las Vegas Area available for sale

** Numbers are from the Las Vegas MLS for areas 101-606 which includes Henderson, North Las Vegas, Las Vegas and Summerlin.

 Single Family
Homes
CondosTown
homes
Manuf.-
Homes
Multi-FamilyHigh Rise
Condos
Total Props.
02/28/20144761106410613679
03/30/2014409115588412606


Difference:

-14.1%+4.5%-9.4%-20%-33.3%-7.7%-10.8%

 

Bank Owned Properties for Sale in Las Vegas Inventory Report since 05/2007

There are currently a total of 606 Bank Owned Properties for sale in the Las Vegas area. Only 1 reported Bank Owned property in Desert Shores, 17 in Summerlin, 6 in Anthem.

Las Vegas area Bank Owned Homes for Sale

For more information on Las Vegas Bank Owned properties available for sale, just click the inquire button for more information. Homes that have "Contingent" for the status means the seller has already an offer and the property is in escrow.

For Personalized Knowledge and Service:

Paul Francis
Prudential Americana Group, Realtors®
Las Vegas Real Estate
702.592.3058

 

 

 

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1 Response to "Las Vegas Bank Owned Properties for sale declines another 10.8%"

Notice of Defaults soar in Nevada but let's look at the real numbers that matter... wrote:
[...][...]

Posted on Friday, August 15th, 2014 at 6:31 AM.



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