Clark County, NV (Las Vegas) February 2025 NOD’s (168 to 232 month over month) and February 2025 NOS’s (101 to 85 month over month)
The Clark County, NV February 2025 Trustee Sale Report summary:
Cancelled: 101 (Jan. 2025- 100, Dec. 2024- 71, Nov. 2024- 79, Oct. 2024- 105, Sept. 2024- 89, Aug. 2024- 89)
Postponed: 94 (Jan. 2025- 107, Dec. 2024- 86, Nov. 2024- 73, Oct. 2024- 102, Sept. 2024- 103, Aug. 2024- 83)
Sold to Third Party: 24 (Jan. 2025- 16, Dec. 2024- 18, Nov. 2024- 28, Oct. 2024- 21, Sept. 2024- 36, Aug. 2024- 29)
Reverted to Beneficiary: 20 (Jan. 2025- 16, Dec. 2024- 20, Nov. 2024- 22, Oct. 2024- 18, Sept. 2024- 28, Aug. 2024- 21)
Greater Las Vegas Area MLS Statistics for February 2025:
MLS Single Family Homes Month’s supply of inventory: 2.9 (Jan. 2025- 3.3, Dec. 2024- 2.7, Nov. 2024- 3.4, Oct. 2024- 3.0, Sept. 2024- 3.0, Aug. 2024- 2.5)
Units Sold: 1,781 (Jan. 2025- 1,578, Dec. 2024- 1,811, Nov. 2024- 1,647, Oct. 2024- 1,918, Sept. 2024- 1,791, Aug. 2024- 2,138)
Single Family Residential average values have decreased by .2% in the past month.
Average sales price increased by 22.3% (Jan. 2025- -17.6%, Dec. 2024- +1.1%, Nov. 2024- +2.3%, Oct. 2024- -2.3%, Sept. 2024- +4.4%, Aug. 2024- -7.3%)
Median sales price stayed the same. (Jan. 2025- +2.1%, Dec. 2024- -1%, Nov. 2024- +0.9%, Oct. 2024- -0.9%, Sept. 2024- +0.6%, Aug. 2024- -0.7%)
New Units Listed: 2,799 (Jan. 2025- 3,130, Dec. 2024- 1,754, Nov. 2024- 2,138, Oct. 2024- 2,867, Sept. 2024- 2,830, Aug. 2024- 3,153)
Average price of new listings increased by 3% (Jan. 2025- -0.1%, Dec. 2024- +3.8%, Nov. 2024- +3.5%, Oct. 2024- +1.3%, Sept. 2024- -6.8%, Aug. 2024- +6.7%)
Median price of new listings stayed the same. (Jan. 2025- +5.0%, Dec. 2024- +0.1%, Nov. 2024- +2.0%, Oct. 2024- 05, Sept. 2024- -3.9%, Aug. 2024- +4.0%)
MLS Condo/Townhouse Month’s supply of inventory: 3.9 (Jan. 2025- 4.6, Dec. 2024- 3.8, Nov. 2024- 3.9, Oct. 2024- 3.3, Sept. 2024- 3.6, Aug. 2024- 2.9)
Units Sold: 515 (Jan. 2025- 413, Dec. 2024- 466, Nov. 2024- 476, Oct. 2024- 540, Sept. 2024- 486, Aug. 2024- 573)
Condo/Townhouses average values have increased by 2.8% in the last month.
Average sales price increased by 6% (Jan. 2025- -2.0%, Dec. 2024- -3.2%, Nov. 2024- +1.0%, Oct. 2024- +3.6%, Sept. 2024- 0%, Aug. 2024- -1.6%)
Median sales price increased by 3.4% (Jan. 2025- +1.0%, Dec. 2024- -3.7%, Nov. 2024- -4.4%, Oct. 2024- +5.2%, Sept. 2024- +2.6%, Aug. 2024- -1.4%)
New Units Listed: 957 (Jan. 2025- 955, Dec. 2024- 608, Nov. 2024- 729, Oct. 2024- 830, Sept. 2024- 833, Aug. 2024- 897)
Average price of new listings decreased by 1.1% (Jan. 2025- +2.4%, Dec. 2024- 0%, Oct. 2024- +3.3%, Sept. 2024- +7.3%, Aug. 2024 – -4.3%)
Median price of new listings increased by 2.4% (Jan. 2025- -0.7%, Dec. 2024- +2.0%, Nov. 2024- -2.5%, Oct. 2024- -2.7%, Sept. 2024- +3.4%, Aug. 2024- +1.7%)