Las Vegas Market Update – June 2011

Let's Talk Inventory! Single family residential (SFR) closings for May were nearly 1% better than April and 7.6% up from May 2010. The median sales price of an SFR improved to $126,000.  Overall inventory held steady, but available REO inventory drifted higher and is approaching the 3400 level.  Meanwhile Classic Closings continue to have the …

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