June 2023 Clark County, NV NOD Report (231 to 226 month over month) and June 2023 Clark County, NV NOS Report (118 to 112 month over month).
The Clark County, NV June 2023 Trustee Sale Report summary:
Cancelled: 111 (May 2023-125, Apr. 2023-106, Mar. 2023-87, Feb. 2023-81, Jan. 2023-84, Dec. 2022-112)
Postponed: 128 (May 2023-137, Apr. 2023-122, Mar. 2023-123, Feb. 2023-83, Jan. 2023- 102, Dec. 2022-107)
Sold to Third Party: 41 (May 2023-42, Apr. 2023-30, Mar. 2023-38, Feb. 2023-24, Jan. 2023-27, Dec. 2022-24)
Reverted to Beneficiary: 13 (May 2023-22, Apr. 2023-30, Mar. 2023-25, Feb. 2023-24, Jan. 2023-33, Dec. 2022-38)
Greater Las Vegas Area MLS Statistics for June 2023:
MLS Single Family Homes Month’s supply of inventory: 1.6 (May 2023-1.6, Apr. 2023-1.9, Mar. 2023-1.8, Feb. 2023-2.7, Jan. 2023- 4.1, Dec. 2022-4.0)
Units Sold: 2,293 (May 2023-2,316, Apr. 2023-1,962, Mar. 2023-2,361, Feb. 2023-1,722, Jan. 2023-1,325, Dec. 2022-1,534)
Single Family Residential average values have decreased 9% in 12 months.
Average sales price decreased by 4.9% (May 2023- +6.7%, Apr. 2023- +1.6%, Mar. 2023- +4.8%Feb. 2023- -6.9%, Jan. 2023- +3.5%, Dec. 2022- -2.9%)
Median sales price decreased by 0.3%. (May 2023- +2.8%, Apr. 2023- +1.2%, Mar. 2023-0%, Feb. 2023-0%, Jan. 2023- 0%, Dec. 2022- -1.4%)
Units Listed: 2,617 (May 2023- 2,604, Apr. 2023-2,451, Mar. 2023-2,565, Feb. 2023-2,243, Jan.2023-2,477, Dec. 2022-1,677)
Average price of new listings decreased by 5.9% (May 2023- -1.0%, Apr. 2023- +10.1%, Mar. 2023- -6.0%, Feb. 2023- +6.2%, Jan. 2023- +5.2%, Dec. 2022- -2.7%)
Median price of new listings stayed the same. (May 2023- +0.2%, Apr. 2023- +0.9%, Mar. 2023-0%, Feb. 2023- +3.1%, Jan. 2023- +1.3%, Dec. 2022- 2.2%, Nov. 2022- -1.7%)
MLS Condo/Townhouse Month’s supply of inventory: 1.4 (May 2023- 1.4, Apr. 2023-1.8, Mar. 2023- 1.8, Feb. 2023-2.6, Jan. 2023-3.1, Dec. 2022-3.5)
Units Sold: 646 (May 2023- 684, Apr. 2023-535, Mar. 2023- 601, Feb. 2023-450, Jan. 2023-398, Dec. 2022- 392)
Condo/Townhouses average values have increased 6.4% in 8 months.
Average sales price increased by 2.0% (May 2023- +2.5%, Apr. 2023- -1.4%, Mar. 2023- +5.9%, Feb. 2023- -9.9%, Jan. 2023- +15.5%, Dec. 2022- -5.1%)
Median sales price stayed the same. (May 2023- +1.9%, Apr. 2023- +3.8%, Mar. 2023- +2.0%, Feb. 2023- 0%, Jan. 2023- +3.3%, Dec. 2022- -5.0%)
Units Listed: 743 (May 2023- 725, Apr. 2023-704, Mar. 2023-733, Feb. 2023-616, Jan. 2023-637, Dec. 2022- 455)
Average price of new listings increased by 5.5% (May 2023- +3.0%, Apr. 2023- -0.3%, Mar. 2023- -4.1%, Feb. 2023- +2.2%, Jan. 2023- +1.8%, Dec. 2022- +3.5%)
Median price of new listings stayed the same. (May 2023- +5.6%, Apr. 2023- -6.2%, Mar. 2023- +5.3%, Feb. 2023- +1.3%, Jan. 2023- 0%, Dec. 2022- +1.0%)