That didn't take long. Within a short time of having the new Nexus 7 up in the Google Play Store, the 16GB model sold out. Asus and Google worked hard to change that, and now it is back in stock. You can grab the hot device for just $249.99, and shipping will take just 3-5 days. Here's the link below:

Source: Google Play Store - Nexus 7 16GB