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Tagged : statistics

Found 4 blog entries tagged as "statistics".

 

Living in Henderson Nevada

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The results from the FBI crime statistics are in, and Henderson Nevada made the 2012 list of the top 20 safest cities to live in the United States. Statistics took into account the size of the population vs the number of violent crimes, including rape and murder.

Ironically, in 2008 Henderson also made the Forbes top 10 list for the most boring cities to live in. Read the Details Here 

As a resident of Henderson, I am delighted with safe, and "boring" is just fine with me. Especially when in 12 minutes I can be at the heart of the Las Vegas Strip, which is about as un-boring as you can get.  And it's only 20 minutes to downtown and Fremont Street with its electric light canopy, live bands and street musicians. 

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It seems like the downward spiral of available housing inventory for the Las Vegas real estate market has finally stabilized, and it even increased slightly during the month of July. The number of actively listed single family homes went from 3785 at the end of June to 3953 at the end of July. (These figures do not reflect properties already under contract and in contingent or pending status.)

The market breakdown at the end of July looked like this:

  • 527 homes priced under $100k - including 161 short sales and 74 foreclosures
  • 1410 homes priced between $100k and $200k - including 418 short sales and 164 foreclosures
  • 796 homes priced between $200k and $300k - including 194 short sales and 77 foreclosures
  • 406 homes priced between $300 and $400k -
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If you are wondering why there doesn't seem to be much for sale in Las Vegas anymore: as of June 29, 2012, only 3,785 single family homes listed in the Las Vegas MLS remain as active (not under contract) in Clark County.

The current market breakdown looks like this:

  • 492 homes priced under $100k - including 180 short sales and 88 foreclosures
  • 1332 homes priced between $100k and $200k - including 447 short sales and 180 foreclosures
  • 766 homes priced between $200k and $300k - including 190 short sales and 71 foreclosures
  • 401 homes priced between $300 and $400k - including 69 short sales and 28 foreclosures
  • 186 homes priced between $400k and $500k - including 25 short sales and 7 foreclosures
  • 200 homes priced between $500k and $750k -
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The supply of single family homes for sale in Las Vegas keeps dwindling at an alarming pace and average home prices are inching upward again. As of June 4, 2012, only 3.923 single family homes remain listed in the Las Vegas MLS as active (not under contract) in Clark County. At the end of April there were 4.594 homes actively listed, so this represents a 15% decrease in inventory and only gives the local market a 5 week supply of resale housing.

Properties selling for under $100k posted the biggest decrease in inventory as investors continue to purchase for cash as an investment.  Available foreclosures in this price range dropped over 50% as Las Vegas foreclosure filings remain stymied by AB 284.  

The current market breakdown looks like this:

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