November 2024 NOD Report (221 to 170 month over month) and November 2024 NOS Report (103 to 76 month over month).
The Clark County, NV November 2024 Trustee Sale Report summary:
Cancelled: 79 (Oct. 2024- 105, Sept. 2024- 89, Aug. 2024- 89, July 2024- 92, June 2024– 96,May 2024- 116)
Postponed: 73 (Oct. 2024- 102, Sept. 2024- 103, Aug. 2024- 83, July 2024- 90, June 2024- 80, May 2024- 138)
Sold to Third Party: 28 (Oct. 2024- 21, Sept. 2024- 36, Aug. 2024- 29, July 2024-17,June 2024-28, May 2024- 37)
Reverted to Beneficiary: 22 (Oct. 2024- 18, Sept. 2024- 28, Aug. 2024- 21, July 2024- 17, June 2024-15, May 2024- 19)
Greater Las Vegas Area MLS Statistics for November 2024:
MLS Single Family Homes Month’s supply of inventory: 3.4 (Oct. 2024- 3.0, Sept. 2024- 3.0, Aug. 2024- 2.5, July 2024- 2.2, June 2024- 2.0, May 2024- 1.6)
Units Sold: 1,647 (Oct. 2024- 1,918, Sept. 2024- 1,791, Aug. 2024- 2,138, July 2024- 2,145, June 2024- 2,093, May 2024- 2,401)
Single Family Residential average values have decreased by 5% in the past five months.
Average sales price increased by 2.3% (Oct. 2024- -2.3%, Sept. 2024- +4.4%, Aug. 2024- -7.3%, July 2024- +2.5%, June 2024- +0.7%, May 2024- +0.2%)
Median sales price increased by 0.9% (Oct. 2024- -0.9%, Sept. 2024- +0.6%, Aug. 2024- -0.7%, July 2024- +1.1%, June 2024- +0.4%, May 2024- +0.9%)
New Units Listed: 2,138 (Oct. 2024- 2,867, Sept. 2024- 2,830, Aug. 2024- 3,153, July 2024- 2,962, June 2024- 2,819, May 2024- 3,123)
Average price of new listings increased by 3.5% (Oct. 2024- +1.3%, Sept. 2024- -6.8%, Aug. 2024- +6.7%, July 2024- -4.9%, June 2024- +2.4%, May 2024- -1.0%)
Median price of new listings increased by 2.0% (Oct. 2024- 05, Sept. 2024- -3.9%, Aug. 2024- +4.0%, July 2024- -2.0%, June 2024- +2.0%, May 2024- +0.2%)
MLS Condo/Townhouse Month’s supply of inventory: 3.9 ( Oct. 2024- 3.3, Sept. 2024- 3.6, Aug. 2024- 2.9, July 2024- 2.4, June 2024- 2.3, May 2024- 1.9)
Units Sold: 476 (Oct. 2024- 540, Sept. 2024- 486, Aug. 2024- 573, July 2024- 619, June 2024- 605, May 2024- 690)
Condo/Townhouses average values have increase by 2.2% in the past five months.
Average sales price increased by 1.0% (Oct. 2024- +3.6%, Sept. 2024- 0%, Aug. 2024- -1.6%, July 2024- -2.2%, June 2024- +1.4%, May 2024- +0.6%)
Median sales price decreased by 4.4% (Oct. 2024- +5.2%, Sept. 2024- +2.6%, Aug. 2024- -1.4%, July 2024- +0.3%, June 2024- 0%, May 2024- +1.7%)
New Units Listed: 729 (Oct. 2024- 830, Sept. 2024- 833, Aug. 2024- 897, July 2024- 826, June 2024- 828, May 2024- 907)
Average price of new listings decreased by 10.2% (Oct. 2024- +3.3%, Sept. 2024- +7.3%, Aug. 2024 – -4.3%, July 2024- -4.7%, June 2024- +2.1, May 2024- +8.0%)
Median price of new listings decreased by 2.5% (Oct. 2024- -2.7%, Sept. 2024- +3.4%, Aug. 2024- +1.7%, July 2024- +1.7%, June 2024- -3.0%, May 2024- +3.1%)