Based on data obtained through the Greater Las Vegas Association of REALTORS Multiple Listing Service (MLS), there were a total of 2,339 unit closings in November 2015 within the Las Vegas and Henderson areas...that's down about 790 unit closings since September 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 November 2015 of $240,566 at $119.4 per square foot and 60 Days on the Market.

According to the data, of the 2,339 Total Closings in November 2015, 85.7% were Traditional Sales, 7.1% were REO and Foreclosure Sales and 7.2% were Short Sales.  When comparing the numbers to November 2012, you can see the massive shift in sales where Short Sales were over 40% of our closed units:

     

33% of the units sold with Conventional Loans; CASH Buyers were a close second with 32.7% sales and FHA Buyers with 24.4% coming in third.  And, VA financing buyers represented 7.7% of the closings:

Over 37.9% of sales for November 2015 were for homes within the $100,000 - $199,999 price range: