Clark County, NV (Las Vegas) May 2025 NOD’s Report (229 to 224 month over month) and May 2025 NOS’s Report (69 to 57 month over month).
The Clark County, NV May 2025 Trustee Sale Report summary:
Cancelled: 85 (April 2025- 108, March 2025- 97, Feb. 2025- 101, Jan. 2025- 100, Dec. 2024- 71, Nov. 2024- 79)
Postponed: 93 (April 2025- 112, March 2025- 101, Feb. 2025- 94, Jan. 2025- 107, Dec. 2024- 86, Nov. 2024- 73)
Sold to Third Party: 25 (April 2025- 17, March 2025- 28, Feb. 2025- 24, Jan. 2025- 16, Dec. 2024- 18, Nov. 2024- 28)
Reverted to Beneficiary: 17 (April 2025- 21, March 2025- 9, Feb. 2025- 20, Jan. 2025- 16, Dec. 2024- 20, Nov. 2024- 22)
Greater Las Vegas Area MLS Statistics for May 2025:
MLS Single Family Homes Month’s supply of inventory: 3.2 (April 2025- 2.9, March 2025- 2.5, Feb. 2025- 2.9, Jan. 2025- 3.3, Dec. 2024- 2.7, Nov. 2024- 3.4)
Units Sold: 2,087 (April 2025- 2,174, March 2025- 2,142, Feb. 2025- 1,781, Jan. 2025- 1,578, Dec. 2024- 1,811, Nov. 2024- 1,647)
Single Family Residential average values have decreased by 2.9% in the past four months.
Average sales price decreased by 2.1% (April 2025- -3.7%, March 2025- +3.1%, Feb. 2025- +22.3%, Jan. 2025- -17.6%, Dec. 2024- +1.1%, Nov. 2024- +2.3%)
Median sales price stayed the same. (April 2025- -1.0%, March 2025- 0%, Feb. 2025- 0%, Jan. 2025- +2.1%, Dec. 2024- -1%, Nov. 2024- +0.9%)
New Units Listed: 3,591 (April 2025- 3,663, March 2025- 3,340, Feb. 2025- 2,799, Jan. 2025- 3,130, Dec. 2024- 1,754, Nov. 2024- 2,138)
Average price of new listings decreased 4.0% (April 2025- -0.4%, March 2025- -2.5%, Feb. 2025- +3%, Jan. 2025- -0.1%, Dec. 2024- +3.8%, Nov. 2024- +3.5%)
Median price of new listings decreased by 0.5%. (April 2025- +1.9%, March 2025- 0%, Feb. 2025- 0%, Jan. 2025- +5.0%, Dec. 2024- +0.1%, Nov. 2024- +2.0%)
MLS Condo/Townhouse Month’s supply of inventory: 4.5 (April 2025- 4.4, March 2025- 3.9, Feb. 2025- 3.9, Jan. 2025- 4.6, Dec. 2024- 3.8, Nov. 2024- 3.9)
Units Sold: 559 (April 2025- 544, March 2025- 570, Feb. 2025- 515, Jan. 2025- 413, Dec. 2024- 466, Nov. 2024- 476)
Condo/Townhouses average values have decreased by 4.4% in the past four months.
Average sales price increased by 4.9% (April 2025- -4%, March 2025- 0.7%, Feb. 2025- +6%, Jan. 2025- -2.0%, Dec. 2024- -3.2%, Nov. 2024- +1.0%)
Median sales price increased by 1.4% (April 2025- -1.2%, March 2025- +1.2%, Feb. 2025- +3.4%, Jan. 2025- +1.0%, Dec. 2024- -3.7%, Nov. 2024- -4.4%)
New Units Listed: 1,103 (April 2025- 1,015, March 2025- 1,053, Feb. 2025- 957, Jan. 2025- 955, Dec. 2024- 608, Nov. 2024- 729)
Average price of new listings increased by 1.9% (April 2025- -9%, March 2025- +10.8%, Feb. 2025- -1.1%, Jan. 2025- +2.4%, Dec. 2024- 0%)
Median price of new listings increased by 0.7% (April 2025- -1.1%, March 2025- +1.0%, Feb. 2025- +2.4%, Jan. 2025- -0.7%, Dec. 2024- +2.0%, Nov. 2024- -2.5%)