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Las Vegas homes sales figures and Las Vegas mls figures show single family homes inventory increase for January 2008. The Greater Las Vegas Association of REALTORS or GLVAR reported the inventory of homes, townhomes and condominiums in Las Vegas, Nevada real estate for January reached 22,117 listed. This is an increase of 112 or .05 percent from the previous month of 22,005 residential real estate listed in the mls. From January 2007, that is an increase of 17.8 percent of inventory.

The Las Vegas mls shows a medium price of a single family home at $249,900, or a decrease of 3.9 percent from $260,000 in December 2007.

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Las Vegas homes sales figures and Las Vegas mls figures show single family homes inventory reduction for December. The Greater Las Vegas Association of REALTORS or GLVAR reported the inventory of townhomes, condos and homes in Las Vegas, Nevada real estate for December, 2007 reached 22,005 homes listed. This is a decline of 1,489 or 6.3 percent from the November amount of 23,494 listed homes for sale in Las Vegas, NV. This is a welcomed decline in listing from August. Real estate inventory has increased 23.4 percent Dec 2006.

The Las Vegas mls shows a medium price of a single family home is $260,000 or a year to date decrease of 15.1 percent.

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Las Vegas homes sales figures and Las Vegas mls figures show an inventory reduction for November. The Greater Las Vegas Association of REALTORS or GLVAR reported the inventory of condos, townhomes and single family homes for sale in Las Vegas, NV real estate for November, 2007 reached 23,494 homes listed. This is a decline of 1.8 percent from the October amount of 23,917 homes listed for sale in Las Vegas. Year to date totals is an increase of 19.1 percent. Additionally, the prices of homes have also decreased this month, too. November typically shows a slower month for residential real estate transactions.

The Las Vegas mls shows a median price of a single family home median price is $273,500 or a 0.4 percent decrease from October of $274,725. Year to date is a decrease of 11.2 percent.

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Fairway Hills in The Ridges Summerlin Las Vegas luxury real estate by Toll Brothers opens new homes for sale. This exclusive gated community offers two story homes in The Ridges Village.

Additional new homes in Summerlin will open next month. The Summerlin Las Vegas real estate is priced from the mid $600,000s. The plans range in size from 1,966 to 2,956 square feet with two, three and four bedrooms.

Continue reading The Ridges In Summerlin Las Vegas Real Estate Opens New Luxury Homes