August 2023 Clark County NOD’s (226 to 224 month over month) and August 2023 NOS’s (91 to 168 month over month).
The Clark County, NV August 2023 Trustee Sale Report summary:
Cancelled: 124 (July 2023-111, June 2023-111, May 2023-125, Apr. 2023-106, Mar. 2023-87, Feb. 2023-81)
Postponed: 117 (July 2023- 103, June 2023-128, May 2023-137, Apr. 2023-122, Mar. 2023-123, Feb. 2023-83)
Sold to Third Party: 32 (July 2023- 39, June 2023-41, May 2023-42, Apr. 2023-30, Mar. 2023-38, Feb. 2023-24)
Reverted to Beneficiary: 15 (July 2023- 13, June 2023-13, May 2023-22, Apr. 2023-30, Mar. 2023-25, Feb. 2023-24)
Greater Las Vegas Area MLS Statistics for August 2023:
MLS Single Family Homes Month’s supply of inventory: 1.9 (July 2023- 1.7, June 2023- 1.6, May 2023-1.6, Apr. 2023-1.9, Mar. 2023-1.8, Feb. 2023-2.7)
Units Sold: 2,009 (July 2023- 2,041, June 2023-2,293, May 2023-2,316, Apr. 2023-1,962, Mar. 2023-2,361, Feb. 2023-1,722)
Single Family Residential average sales price of single family homes had decreased by 2.5% in the previous 13 months, but with August’s increase of 2.5%, the average sales price is now the same.
Average sales price increased by 2.5% (July 2023- +6.5%, June 2023- -4.9%, May 2023- +6.7%, Apr. 2023- +1.6%, Mar. 2023- +4.8%Feb. 2023- -6.9%)
Median sales price decreased by 0.6%. (July 2023- +2.0%, June 2023- -0.3%, May 2023- +2.8%, Apr. 2023- +1.2%, Mar. 2023-0%, Feb. 2023-0%)
Units Listed: 2,641 (July 2023- 2,354, June 2023-2,617, May 2023- 2,604, Apr. 2023-2,451, Mar. 2023-2,565, Feb. 2023-2,243)
Average price of new listings increased 3.3% (July 2023- +1.3%, June 2023- -5.9%, May 2023- -1.0%, Apr. 2023- +10.1%, Mar. 2023- -6.0%, Feb. 2023- +6.2%)
Median price of new listings increased by 0.6%. (July 2023- 0%, June 2023- 0%, May 2023- +0.2%, Apr. 2023- +0.9%, Mar. 2023-0%, Feb. 2023- +3.1%)
MLS Condo/Townhouse Month’s supply of inventory: 1.5 (July 2023- 1.4, June 2023- 1.4, May 2023- 1.4, Apr. 2023-1.8, Mar. 2023- 1.8, Feb. 2023-2.6)
Units Sold: 640 (July 2023- 610, June 2023-646, May 2023- 684, Apr. 2023-535, Mar. 2023- 601, Feb. 2023-450)
Condo/Townhouses average values have increased 10.2% in 10 months.
Average sales price increased by 2.7% (July 2023- +1.1%, June 2023- +2.0%, May 2023- +2.5%, Apr. 2023- -1.4%, Mar. 2023- +5.9%, Feb. 2023- -9.9%)
Median sales price increased by 4.9%. (July 2023- -0.5%, June 2023- 0%, May 2023- +1.9%, Apr. 2023- +3.8%, Mar. 2023- +2.0%, Feb. 2023- 0%)
Units Listed: 724 (July 2023- 692, June 2023-743, May 2023- 725, Apr. 2023-704, Mar. 2023-733, Feb. 2023-616)
Average price of new listings decreased by 0.7% (July 2023- -3.2%, June 2023- +5.5%, May 2023- +3.0%, Apr. 2023- -0.3%, Mar. 2023- -4.1%, Feb. 2023- +2.2%)
Median price of new listings decreased by 3.1%. (July 2023- -1.1%, June 2023- 0%, May 2023- +5.6%, Apr. 2023- -6.2%, Mar. 2023- +5.3%, Feb. 2023- +1.3%)