REAL SUMMERLIN

ZIP CODES 89134, 89135, 89138, 89144 and 89128

Single Family Residence

On The Market                         931

Bank Owned                             127

Short Sale                                 250

Pending                                    100

Contingent                                 277

Homes Sold                                23

Condo/Townhouses

On The Market                            116

Banked Owned                              24

Short Sales                                       1

Pending                                         19

Contingent                                    31

Homes Sold                                     1 

What is the difference between Contingent and Pending?

When a property is put in Contingent status it means there is an offer on the property that has been accepted by both parties, but there are things that need to be cleared up before it can go into Pending status.  The things usually involve inspections or loan concerns and sometimes these do not go through.  There is a time limit for the contingencies to be removed.  The listing agent may take back up offers for the seller in case it does fall apart.
When a property is put into Pending status the Contingency has been removed and most of the time everything runs smoothly and the property closes on time.  Sometimes things have been known to go wrong but once at this status it only happens occasionally.

This update is for Summerlin Only!

Las Vegas Valley    Statistics are here.

If you have a home to sell in Summerlin, please contact me so we may discuss what I can do for you.

If you want to buy a home in Summerlin I would be proud to help you. Contact 702-277-3195