April 2023 Clark County, NV NOD’s (233 to 260 month over month) and April 2023 Clark County, NV NOS’s (131 to 137 month over month).
The Clark County, NV April 2023 Trustee Sale Report summary:
Cancelled: 106 (Mar. 2023-87, Feb. 2023-81, Jan. 2023-84, Dec. 2022-112, Nov. 2022-95, Oct. 2022-72)
Postponed: 122 (Mar. 2023-123, Feb. 2023-83, Jan. 2023- 102, Dec. 2022-107, Nov. 2022-98, Oct. 2022-103)
Sold to Third Party: 30 (Mar. 2023-38, Feb. 2023-24, Jan. 2023-27, Dec. 2022-24, Nov. 2022-30, Oct. 2022-27)
Reverted to Beneficiary: 30 (Mar. 2023-25, Feb. 2023-24, Jan. 2023-33, Dec. 2022-38, Nov. 2022-30, Oct. 2022-30)
Greater Las Vegas Area MLS Statistics for April 2023:
MLS Single Family Homes Month’s supply of inventory: 1.9 (Mar. 2023-1.8, Feb. 2023-2.7, Jan. 2023- 4.1, Dec. 2022-4.0, Nov. 2022- 4.8, Oct. 2022-4.6)
Units Sold: 1,962 (Mar. 2023-2,361, Feb. 2023-1,722, Jan. 2023-1,325, Dec. 2022-1,534, Nov. 2022- 1,521, Oct. 2022-1,724)
Average sales price increased by 1.6% (Mar. 2023- +4.8%Feb. 2023- -6.9%, Jan. 2023- +3.5%, Dec. 2022- -2.9%, Nov. 2022- -3.3%, Oct. 2022- +3.3%)
Median sales price increased by 1.2% (Mar. 2023-0%, Feb. 2023-0%, Jan. 2023- 0%, Dec. 2022- -1.4%, Nov. 2022- -1.7%, Oct. 2022- -2.2%)
Units Listed: 2,451 (Mar. 2023-2,565, Feb. 2023-2,243, Jan.2023-2,477, Dec. 2022-1,677, Nov. 2022- 2,096, Oct.2022-2,883)
Average price of new listings increased by 10.1% (Mar. 2023- -6.0%, Feb. 2023- +6.2%, Jan. 2023- +5.2%, Dec. 2022- -2.7%, Nov. 2022- -2.5%, Oct. 2022- +4%)
Median price of new listings increased by 0.9%. (Mar. 2023-0%, Feb. 2023- +3.1%, Jan. 2023- +1.3%, Dec. 2022- 2.2%, Nov. 2022- -1.7%, Oct. 2022- -1.4%)
Single Family Residential average values have decreased 10.8% in 10 months.
MLS Condo/Townhouse Month’s supply of inventory: 1.8 (Mar. 2023- 1.8, Feb. 2023-2.6, Jan. 2023-3.1, Dec. 2022-3.5, Nov. 2022- 3.5, Oct. 2022- 3.8)
Units Sold: 535 (Mar. 2023- 601, Feb. 2023-450, Jan. 2023-398, Dec. 2022- 392, Nov. 2022- 462, Oct. 2022-468)
Average sales price decreased by 1.4% (Mar. 2023- +5.9%, Feb. 2023- -9.9%, Jan. 2023- +15.5%, Dec. 2022- -5.1%, Nov. 2022- -1.4%, Oct. 2022- -5.5%)
Median sales price increased by 3.8% (Mar. 2023- +2.0%, Feb. 2023- 0%, Jan. 2023- +3.3%, Dec. 2022- -5.0%, Nov. 2022- -1.8%, Oct. 2022- -1.5%)
Units Listed: 704 (Mar. 2023-733, Feb. 2023-616, Jan. 2023-637, Dec. 2022- 455, Nov. 2022- 492, Oct. 2022-684)
Average price of new listings decreased by 0.3% (Mar. 2023- -4.1%, Feb. 2023- +2.2%, Jan. 2023- +1.8%, Dec. 2022- +3.5%, Nov. 2022- -0.3%, Oct. 2022- -3.9%)
Median price of new listings decreased by 6.2% (Mar. 2023- +5.3%, Feb. 2023- +1.3%, Jan. 2023- 0%, Dec. 2022- +1.0%, Nov. 2022- -1.8%, Oct. 2022- -4.4%)
Condo/Townhouses average values have increased 1.9% in 6 months.