REAL SUMMERLIN

SINGLE FAMILY RESIDENCE

On The Market                                     518

Bank Owned                                           50         

Short Sale                                            224           

Pending                                                  61          

Contingent                                            431           

Sold                                                       46           

 Foreclosure Commenced                          34          

CONDO/TOWNHOUSE

On The Market                                       80           

Bank Owned                                           12             

Short Sale                                              34          

Pending                                                 15               

Contingent                                             80              

Sold                                                       7             

Foreclosure Commenced                         5 

Contingent means that there has been an offer written on the property.  There could be many reasons why it did not go straight into Pending Status, inspections, loan is not quite in place, or what we are seeing a lot of these days is waiting for the bank to decide on a short sale.  The On The Market figures are a total of ones with no contact.