Based on data obtained through the Greater Las Vegas Association of REALTORS Multiple Listing Service (MLS), there were a total of 2,264 unit closings in January 2016 within the Las Vegas and Henderson areas...that's down about 859 unit closings since December 2015.  Please note that this data does not take in account, any closings outside of Las Vegas and Henderson areas such as Moapa, Pahrump, Boulder, etc.

The data reflects an Average Sales Price for January 2016 of $224,788 at $117.2 per square foot and 67 Days on the Market.

According to the data, of the 2,264 Total Closings in January 2016, 84.89% were Traditional Sales, 7.95% were REO and Foreclosure Sales and 7.1% were Short Sales:

30.87% of the units sold with Conventional Loans; CASH Buyers were a close second with 25.9% and FHA Buyers with 27.1% sales coming in third.  And, VA financing buyers represented 7.8% of the closings:

Over 39.3% of sales for January 2016 were for homes within the $100,000 - $199,999 price range:

Current Listings available on the MLS as of 2/6/2016 at 10:10am in the Las Vegas and Henderson areas are 8,965 and 5,783 are contingent or pending properties.