March 2023 Clark County, NV NOD’s (241 to 233 month over month), March 2023 Clark County, NV NOS’s (153 to 131 month over month).
The Clark County, NV March 2023 Trustee Sale Report summary:
Cancelled: 87 (Feb. 2023-81, Jan. 2023-84, Dec. 2022-112, Nov. 2022-95, Oct. 2022-72, Sept. 2022-84)
Postponed: 123 (Feb. 2023-83, Jan. 2023- 102, Dec. 2022-107, Nov. 2022-98, Oct. 2022-103, Sept. 2022-119)
Sold to Third Party: 38 (Feb. 2023-24, Jan. 2023-27, Dec. 2022-24, Nov. 2022-30, Oct. 2022-27, Sept. 2022-30)
Reverted to Beneficiary: 25 (Feb. 2023-24, Jan. 2023-33, Dec. 2022-38, Nov. 2022-30, Oct. 2022-30, Sept. 2022-44)
Greater Las Vegas Area MLS Statistics for March 2023:
MLS Single Family Homes Month’s supply of inventory: 1.8 (Feb. 2023-2.7, Jan. 2023- 4.1, Dec. 2022-4.0, Nov. 2022- 4.8, Oct. 2022-4.6, Sept. 2022- 4.0)
Units Sold: 2,361 (Feb. 2023-1,722, Jan. 2023-1,325, Dec. 2022-1,534, Nov. 2022- 1,521, Oct. 2022-1,724, Sept. 2022-2,030)
Average sales price increased by 4.8% (Feb. 2023- -6.9%, Jan. 2023- +3.5%, Dec. 2022- -2.9%, Nov. 2022- -3.3%, Oct. 2022- +3.3%, Sept. 2022- -1.8%)
Median sales price stayed the same. (Feb. 2023-0%, Jan. 2023- 0%, Dec. 2022- -1.4%, Nov. 2022- -1.7%, Oct. 2022- -2.2%, Sept. 2022- 0%)
Units Listed: 2,565 (Feb. 2023-2,243, Jan.2023-2,477, Dec. 2022-1,677, Nov. 2022- 2,096, Oct.2022-2,883, Sept. 2022-3,376)
Average price of new listings decreased by 6.0% (Feb. 2023- +6.2%, Jan. 2023- +5.2%, Dec. 2022- -2.7%, Nov. 2022- -2.5%, Oct. 2022- +4%, Sept. 2022- 0%)
Median price of new listings stayed the same. (Feb. 2023- +3.1%, Jan. 2023- +1.3%, Dec. 2022- 2.2%, Nov. 2022- -1.7%, Oct. 2022- -1.4%, Sept. 2022- -1.5%)
MLS Condo/Townhouse Month’s supply of inventory: 1.8 (Feb. 2023-2.6, Jan. 2023-3.1, Dec. 2022-3.5, Nov. 2022- 3.5, Oct. 2022- 3.8, Sept. 2022-3.5)
Units Sold: 601 (Feb. 2023-450, Jan. 2023-398, Dec. 2022- 392, Nov. 2022- 462, Oct. 2022-468, Sept. 2022-524)
Average sales price increased by 5.9% (Feb. 2023- -9.9%, Jan. 2023- +15.5%, Dec. 2022- -5.1%, Nov. 2022- -1.4%, Oct. 2022- -5.5%, Sept. 2022- +3.8%)
Median sales price increased by 2.0% (Feb. 2023- 0%, Jan. 2023- +3.3%, Dec. 2022- -5.0%, Nov. 2022- -1.8%, Oct. 2022- -1.5%, Sept. 2022- +1.9%)
Units Listed: 733 (Feb. 2023-616, Jan. 2023-637, Dec. 2022- 455, Nov. 2022- 492, Oct. 2022-684, Sept. 2022-754)
Average price of new listings decreased by 4.1% (Feb. 2023- +2.2%, Jan. 2023- +1.8%, Dec. 2022- +3.5%, Nov. 2022- -0.3%, Oct. 2022- -3.9%, Sept. 2022- -0.1%)
Median price of new listings increased by 5.3% (Feb. 2023- +1.3%, Jan. 2023- 0%, Dec. 2022- +1.0%, Nov. 2022- -1.8%, Oct. 2022- -4.4%, Sept. 2022- 0%)