January 2024 Clark County NOD’s (140 to 194 month over month) and December 2023 NOS’s (81 to 100 month over month).
The Clark County, NV January 2024 Trustee Sale Report summary:
Cancelled: 111 (Dec. 2023- 99, Nov. 2023- 107, Oct. 2023- 89, Sept. 2023- 96, August 2023- 124, July 2023-111)
Postponed: 125 (Dec. 2023- 116, Nov. 2023- 149, Oct. 2023- 117, Sept. 2023- 145, August 2023- 117, July 2023- 103)
Sold to Third Party: 26 (Dec. 2023- 20, Nov. 2023- 28, Oct. 2023- 24, Sept. 2023- 50, August 2023- 32, July 2023- 39)
Reverted to Beneficiary: 19 (Dec. 2023– 26, Nov. 2023- 22, Oct. 2023- 20, Sept. 2023- 21, August 2023- 15, July 2023- 13)
Greater Las Vegas Area MLS Statistics for January 2024:
MLS Single Family Homes Month’s supply of inventory: 2.4 (Dec. 2023- 2.5, Nov. 2023- 3.0, Oct. 2023- 2.5, Sept. 2023- 2.2, August 2023- 1.9, July 2023- 1.7)
Units Sold: 1,479 (Dec. 2023- 1,518, Nov. 2023- 1,435, Oct. 2023- 1,699, Sept. 2023- 1,821, August 2023- 2,009, July 2023- 2,041)
Single Family Residential average values have decreased 2.0% in the past 5 months.
Average sales price increased by 0.5% (Dec. 2023- -2.7%, Nov. 2023- +7.2%, Oct. 2023- -1.2%, Sept. 2023- -5.8%, August 2023- +2.5%, July 2023- +6.5%)
Median sales price decreased by 1.1%. (Dec. 2023- 0%, Nov. 2023- +0.2%, Oct. 2023- -0.2%, Sept. 2023- +0.6%, August 2023- -0.6%, July 2023- +2.0%)
Units Listed: 2,432 (Dec. 2023- 1,500, Nov. 2023- 1,969, Oct. 2023- 2,332, Sept. 2023- 2,448, August 2023- 2,641, July 2023- 2,354)
Average price of new listings increased by 1.0% (Dec. 2023- -4.7%, Nov. 2023- +3.9%, Oct. 2023- +3.4%, Sept. 2023- -2.1%, August 2023- +3.3%, July 2023- +1.3%)
Median price of new listings increased by 5.4% (Dec. 2023- -2.1%, Nov. 2023- +0.6%, Oct. 2023- 0%, Sept. 2023- +0.4%, August 2023- +0.6%, July 2023- 0%)
MLS Condo/Townhouse Month’s supply of inventory: 2.4 (Dec. 2023- 2.4, Nov. 2023- 2.7, Oct. 2023- 2.5, Sept. 2023- 1.9, August 2023- 1.5, July 2023- 1.4)
Units Sold: 476 (Dec. 2023- 463, Nov. 2023- 459, Oct. 2023- 474, Sept. 2023- 553, August 2023- 640, July 2023- 610)
Condo/Townhouses average values have increased 6.3% in 15 months.
Average sales price decreased by 1.6% (Dec. 2023- +2.1%, Nov. 2023- -4.2%, Oct. 2023- +5.3%, Sept. 2023- -5.5%, August 2023- +2.7%, July 2023- +1.1%)
Median sales price increased by 1.9% (Dec. 2023- -1.8%, Nov. 2023- -0.2%, Oct. 2023- +2.0%, Sept. 2023- -5.9%, August 2023- +4.9%, July 2023- -0.5%)
Units Listed: 781 (Dec. 2023- 501, Nov. 2023- 634, Oct. 2023- 755, Sept. 2023- 718, August 2023- 724, July 2023- 692)
Average price of new listings increased by 2.7%(Dec. 2023- -6.9%, Nov. 2023- +6.0%, Oct. 2023- -0.7%, Sept. 2023- +1.3%, August 2023- -0.7%, July 2023- -3.2%)
Median price of new listings increased by 0.2% (Dec. 2023- +3.3%, Nov. 2023- 0%, Oct. 2023- -2.2%, Sept. 2023- +2.2%, August 2023- -3.1%, July 2023- -1.1%)