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Summerlin Market Update July 2010

SINGLE FAMILY RESIDENCE

On The Market                                            558

Bank Owned                                                 77

Short Sale                                                   196

Pending                                                       57

Contingent                                                 472

Foreclosure Commenced                                32

Sold                                                           133

 

CONDO/TOWNHOUSE 

 

On The Market                                               82

Bank Owned                                                  16

Short Sale                                                       2     

Pending                                                          9

Contingent                                                    73

Foreclosure Commenced                                   6

Sold                                                              27

The comparison with the end of the first time homebuyers credit is not really a good refection, the last post was three months.  There are less Contingent and Pending but the time frame for the tax credit to close has been extended, some of those numbers could be left over’s from the past three months.  

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