Economic Conditions for the Las Vegas Valley February 2010 Housing Conditions:   Foreclosure/Short Sale Listings (3/15/2010): Total Listings 9979; Short Sales: 4803, 48% of all listings; Bank Owned Listings: 1467, 15% of all listings. Short sale and REO listings consume 63% of total listings New Home Sales (February 2010, units sold): 322 Year Change -6.9% (excl condo conversions, highrises) New Home Sales (February 2010, median price): $208,634 Year Change -4.3% (excl condo conversions, highrises) Existing Home Sales (February 2010, units sold): 2969  Year Change +14.5% Existing Home Sales (February 2010, median price): $124,000 Year Change: -14.5% New Home Permits (February 2010): 474 Year Change +241% Rental Rate (MLS Monthly Average February 2010): $1732/month  My analysis:  Distres... 04/09/2010