August 2024 NOD Report (224 to 170 month over month) and August 2024 NOS Report (81 to 107 month over month).
The Clark County, NV August 2024 Trustee Sale Report summary:
Cancelled: 89 (July 2024- 92, June 2024– 96,May 2024- 116, Apr. 2024- 104, Mar. 2024- 120, Feb. 2024- 111)
Postponed: 83 (July 2024- 90, June 2024- 80, May 2024- 138, Apr. 2024- 111, Mar. 2024- 94, Feb. 2024- 126)
Sold to Third Party: 29 (July 2024-17,June 2024-28, May 2024- 37, Apr. 2024- 25, Mar. 2024- 29, Feb. 2024- 30)
Reverted to Beneficiary: 21 (July 2024- 17, June 2024-15, May 2024- 19, Apr. 2024- 14, Mar. 2024- 16, Feb. 2024- 12)
Greater Las Vegas Area MLS Statistics for August 2024:
MLS Single Family Homes Month’s supply of inventory: 2.5 (July 2024- 2.2, June 2024- 2.0, May 2024- 1.6, Apr. 2024- 1.5, Mar. 2024- 1.6, Feb. 2024- 1.8)
Units Sold: 2,138 (July 2024- 2,145, June 2024- 2,093, May 2024- 2,401, Apr. 2024- 2,339, Mar. 2024- 2,082, Feb. 2024- 1,896)
Single Family Residential average values have increased 0.4% in 12 months.
Average sales price decreased by 7.3% (July 2024- +2.5%, June 2024- +0.7%, May 2024- +0.2%, Apr. 2024- +1.4%, Mar. 2024- +2.3%, Feb. 2024- +1.4%)
Median sales price decreased by 0.7% (July 2024- +1.1%, June 2024- +0.4%, May 2024- +0.9%, Apr. 2024- +0.9%, Mar. 2024- +1.1%, Feb. 2024- +3.4%)
Units Listed: 3,153 (July 2024- 2,962, June 2024- 2,819, May 2024- 3,123, Apr. 2024- 2,874, Mar. 2024- 2,724, Feb. 2024- 2,533)
Average price of new listings increased by 6.7% (July 2024- -4.9%, June 2024- +2.4%, May 2024- -1.0%, Apr. 2024- +0.1%, Mar. 2024- +2.9%, Feb. 2024- +1.9%)
Median price of new listings increased by 4.0% (July 2024- -2.0%, June 2024- +2.0%, May 2024- +0.2%, Apr. 2024- +0.8%, Mar. 2024- +2.1%, Feb. 2024- -1.0%)
MLS Condo/Townhouse Month’s supply of inventory: 2.9 (July 2024- 2.4, June 2024- 2.3, May 2024- 1.9, Apr. 2024- 2.0, Mar. 2024- 2.0, Feb. 2024- 2.2)
Units Sold: 573 (July 2024- 619, June 2024- 605, May 2024- 690, Apr. 2024- 621, Mar. 2024- 590, Feb. 2024- 530)
Condo/Townhouses average values have increased 35.6% in 22 months.
Average sales price decreased by 1.6% (July 2024- -2.2%, June 2024- +1.4%, May 2024- +0.6%, Apr. 2024- -3.2%, Mar. 2024- +5.7%, Feb. 2024- +4.1%)
Median sales price decreased by 1.4% (July 2024- +0.3%, June 2024- 0%, May 2024- +1.7%, Apr. 2024- +2.7%, Mar. 2024- -0.2%, Feb. 2024- +2.9%)
Units Listed: 897 (July 2024- 826, June 2024- 828, May 2024- 907, Apr. 2024- 866, Mar. 2024- 864, Feb. 2024- 738)
Average price of new listings decreased by 4.3% (July 2024- -4.7%, June 2024- +2.1%, May 2024- +8.0%, Apr. 2024- -6.8%, Mar. 2024- +7.8%, Feb. 2024- +0.1%)
Median price of new listings increased by 1.7% (July 2024- +1.7%, June 2024- -3.0%, May 2024- +3.1%, Apr. 2024- -1.7%, Mar. 2024- +1.8%, Feb. 2024- +0.1%)