July 2023 Clark County, NV NOD Report (226 to 226 month over month) and July 2023 Clark County, NV NOS Report (112 to 91 month over month).
The Clark County, NV July 2023 Trustee Sale Report summary:
Cancelled: 111 (June 2023-111, May 2023-125, Apr. 2023-106, Mar. 2023-87, Feb. 2023-81, Jan. 2023-84)
Postponed: 103 (June 2023-128, May 2023-137, Apr. 2023-122, Mar. 2023-123, Feb. 2023-83, Jan. 2023- 102)
Sold to Third Party: 39 (June 2023-41, May 2023-42, Apr. 2023-30, Mar. 2023-38, Feb. 2023-24, Jan. 2023-27)
Reverted to Beneficiary: 13 (June 2023-13, May 2023-22, Apr. 2023-30, Mar. 2023-25, Feb. 2023-24, Jan. 2023-33)
Greater Las Vegas Area MLS Statistics for July 2023:
MLS Single Family Homes Month’s supply of inventory: 1.7 (June 2023- 1.6, May 2023-1.6, Apr. 2023-1.9, Mar. 2023-1.8, Feb. 2023-2.7, Jan. 2023- 4.1)
Units Sold: 2,041 (June 2023-2,293, May 2023-2,316, Apr. 2023-1,962, Mar. 2023-2,361, Feb. 2023-1,722, Jan. 2023-1,325)
Single Family Residential average values have decreased 2.5% in 13 months.
Average sales price increased by 6.5% (June 2023- -4.9%, May 2023- +6.7%, Apr. 2023- +1.6%, Mar. 2023- +4.8%Feb. 2023- -6.9%, Jan. 2023- +3.5%)
Median sales price increased by 2.0%. (June 2023- -0.3%, May 2023- +2.8%, Apr. 2023- +1.2%, Mar. 2023-0%, Feb. 2023-0%, Jan. 2023- 0%)
Units Listed: 2,354 (June 2023-2,617, May 2023- 2,604, Apr. 2023-2,451, Mar. 2023-2,565, Feb. 2023-2,243, Jan.2023-2,477)
Average price of new listings increased 1.3% (June 2023- -5.9%, May 2023- -1.0%, Apr. 2023- +10.1%, Mar. 2023- -6.0%, Feb. 2023- +6.2%, Jan. 2023- +5.2%,)
Median price of new listings stayed the same. (June 2023- 0%, May 2023- +0.2%, Apr. 2023- +0.9%, Mar. 2023-0%, Feb. 2023- +3.1%, Jan. 2023- +1.3%)
MLS Condo/Townhouse Month’s supply of inventory: 1.4 (June 2023- 1.4, May 2023- 1.4, Apr. 2023-1.8, Mar. 2023- 1.8, Feb. 2023-2.6, Jan. 2023-3.1)
Units Sold: 610 (June 2023-646, May 2023- 684, Apr. 2023-535, Mar. 2023- 601, Feb. 2023-450, Jan. 2023-398)
Condo/Townhouses average values have increased 7.5% in 9 months.
Average sales price increased by 1.1% (June 2023- +2.0%, May 2023- +2.5%, Apr. 2023- -1.4%, Mar. 2023- +5.9%, Feb. 2023- -9.9%, Jan. 2023- +15.5%)
Median sales price decreased by 0.5%. (June 2023- 0%, May 2023- +1.9%, Apr. 2023- +3.8%, Mar. 2023- +2.0%, Feb. 2023- 0%, Jan. 2023- +3.3%)
Units Listed: 692 (June 2023-743, May 2023- 725, Apr. 2023-704, Mar. 2023-733, Feb. 2023-616, Jan. 2023-637)
Average price of new listings decreased by 3.2% (June 2023- +5.5%, May 2023- +3.0%, Apr. 2023- -0.3%, Mar. 2023- -4.1%, Feb. 2023- +2.2%, Jan. 2023- +1.8%)
Median price of new listings decreased by 1.1%. (June 2023- 0%, May 2023- +5.6%, Apr. 2023- -6.2%, Mar. 2023- +5.3%, Feb. 2023- +1.3%, Jan. 2023- 0%)