Clark County, NV Trustee Sale Report February 2024

The Clark County, NV February 2024 Trustee Sale Report summary:

Cancelled: 111 (Jan. 2024- 111, Dec. 2023- 99, Nov. 2023- 107, Oct. 2023- 89, Sept. 2023- 96, August 2023- 124)

Postponed: 126 (Jan. 2024- 125, Dec. 2023- 116, Nov. 2023- 149, Oct. 2023- 117, Sept. 2023- 145, August 2023- 117)

Sold to Third Party: 30 (Jan. 2024- 26, Dec. 2023- 20, Nov. 2023- 28, Oct. 2023- 24, Sept. 2023- 50, August 2023- 32)

Reverted to Beneficiary: 12 (Jan. 2024- 19, Dec. 2023– 26, Nov. 2023- 22, Oct. 2023- 20, Sept. 2023- 21, August 2023- 15)

Greater Las Vegas Area MLS Statistics for February 2024:

MLS Single Family Homes Month’s supply of inventory: 1.8 (Jan. 2024- 2.4, Dec. 2023- 2.5, Nov. 2023- 3.0, Oct. 2023- 2.5, Sept. 2023- 2.2, August 2023- 1.9)

Units Sold: 1,896 (Jan. 2024- 1,479, Dec. 2023- 1,518, Nov. 2023- 1,435, Oct. 2023- 1,699, Sept. 2023- 1,821, August 2023- 2,009)

Single Family Residential average values have increased 0.6% in 6 months.

Average sales price increased by 1.4% (Jan. 2024- +0.5%, Dec. 2023- -2.7%, Nov. 2023- +7.2%, Oct. 2023- -1.2%, Sept. 2023- -5.8%, August 2023- +2.5%)

Median sales price increased by 3.4% (Jan. 2024- -1.1%, Dec. 2023- 0%, Nov. 2023- +0.2%, Oct. 2023- -0.2%, Sept. 2023- +0.6%, August 2023- -0.6%)

Units Listed: 2,533 (Jan. 2024- 2,432, Dec. 2023- 1,500, Nov. 2023- 1,969, Oct. 2023- 2,332, Sept. 2023- 2,448, August 2023- 2,641)

Average price of new listings increased by 1.9% (Jan. 2024- +1.0%, Dec. 2023- -4.7%, Nov. 2023- +3.9%, Oct. 2023- +3.4%, Sept. 2023- -2.1%, August 2023- +3.3%)

Median price of new listings decreased by 1.0% (Jan. 2024- +5.4%, Dec. 2023- -2.1%, Nov. 2023- +0.6%, Oct. 2023- 0%, Sept. 2023- +0.4%, August 2023- +0.6%)

MLS Condo/Townhouse Month’s supply of inventory: 2.2 (Jan. 2024- 2.4, Dec. 2023- 2.4, Nov. 2023- 2.7, Oct. 2023- 2.5, Sept. 2023- 1.9, August 2023- 1.5)

Units Sold: 530 (Jan. 2024- 476, Dec. 2023- 463, Nov. 2023- 459, Oct. 2023- 474, Sept. 2023- 553, August 2023- 640)

Condo/Townhouses average values have increased 10.4% in 16 months.

Average sales price increased by 4.1% (Jan. 2024- -1.6%, Dec. 2023- +2.1%, Nov. 2023- -4.2%, Oct. 2023- +5.3%, Sept. 2023- -5.5%, August 2023- +2.7%)

Median sales price increased by 2.9% (Jan. 2024- +1.9%, Dec. 2023- -1.8%, Nov. 2023- -0.2%, Oct. 2023- +2.0%, Sept. 2023- -5.9%, August 2023- +4.9%)

Units Listed: 738 (Jan. 2024- 781, Dec. 2023- 501, Nov. 2023- 634, Oct. 2023- 755, Sept. 2023- 718, August 2023- 724)

Average price of new listings increased by 0.1% (Jan. 2024- +2.7%, Dec. 2023- -6.9%, Nov. 2023- +6.0%, Oct. 2023- -0.7%, Sept. 2023- +1.3%, August 2023- -0.7%)

Median price of new listings increased by 0.1% (Jan. 2024- +0.2%, Dec. 2023- +3.3%, Nov. 2023- 0%, Oct. 2023- -2.2%, Sept. 2023- +2.2%, August 2023- -3.1%)