May 2024 Clark County NODs (174 to 184 month over month) and May 2024 NOSs (97 to 110 month over month).
The Clark County, NV May 2024 Trustee Sale Report summary:
Cancelled: 116 (Apr. 2024- 104, Mar. 2024- 120, Feb. 2024- 111, Jan. 2024- 111, Dec. 2023- 99, Nov. 2023- 107)
Postponed: 138 (Apr. 2024- 111, Mar. 2024- 94, Feb. 2024- 126, Jan. 2024- 125, Dec. 2023- 116, Nov. 2023- 149)
Sold to Third Party: 37 (Apr. 2024- 25, Mar. 2024- 29, Feb. 2024- 30, Jan. 2024- 26, Dec. 2023- 20, Nov. 2023- 28)
Reverted to Beneficiary: 19 (Apr. 2024- 14, Mar. 2024- 16, Feb. 2024- 12, Jan. 2024- 19, Dec. 2023– 26, Nov. 2023- 22)
Greater Las Vegas Area MLS Statistics for May 2024:
MLS Single Family Homes Month’s supply of inventory: 1.6 (Apr. 2024- 1.5, Mar. 2024- 1.6, Feb. 2024- 1.8, Jan. 2024- 2.4, Dec. 2023- 2.5, Nov. 2023- 3.0)
Units Sold: 2,401 (Apr. 2024- 2,339, Mar. 2024- 2,082, Feb. 2024- 1,896, Jan. 2024- 1,479, Dec. 2023- 1,518, Nov. 2023- 1,435)
Single Family Residential average values have increased 4.5% in 9 months.
Average sales price increased by 0.2% (Apr. 2024- +1.4%, Mar. 2024- +2.3%, Feb. 2024- +1.4%, Jan. 2024- +0.5%, Dec. 2023- -2.7%, Nov. 2023- +7.2%)
Median sales price increased by 0.9% (Apr. 2024- +0.9%, Mar. 2024- +1.1%, Feb. 2024- +3.4%, Jan. 2024- -1.1%, Dec. 2023- 0%, Nov. 2023- +0.2%)
Units Listed: 3,123 (Apr. 2024- 2,874, Mar. 2024- 2,724, Feb. 2024- 2,533, Jan. 2024- 2,432, Dec. 2023- 1,500, Nov. 2023- 1,969)
Average price of new listings decreased by 1.0% (Apr. 2024- +0.1%, Mar. 2024- +2.9%, Feb. 2024- +1.9%, Jan. 2024- +1.0%, Dec. 2023- -4.7%, Nov. 2023- +3.9%)
Median price of new listings increased by 0.2% (Apr. 2024- +0.8%, Mar. 2024- +2.1%, Feb. 2024- -1.0%, Jan. 2024- +5.4%, Dec. 2023- -2.1%, Nov. 2023- +0.6%)
MLS Condo/Townhouse Month’s supply of inventory: 1.9 (Apr. 2024- 2.0, Mar. 2024- 2.0, Feb. 2024- 2.2, Jan. 2024- 2.4, Dec. 2023- 2.4, Nov. 2023- 2.7)
Units Sold: 690 (Apr. 2024- 621, Mar. 2024- 590, Feb. 2024- 530, Jan. 2024- 476, Dec. 2023- 463, Nov. 2023- 459)
Condo/Townhouses average values have increased 13.5% in 19 months.
Average sales price increased by 0.6% (Apr. 2024- -3.2%, Mar. 2024- +5.7%, Feb. 2024- +4.1%, Jan. 2024- -1.6%, Dec. 2023- +2.1%, Nov. 2023- -4.2%)
Median sales price increased by 1.7% (Apr. 2024- +2.7%, Mar. 2024- -0.2%, Feb. 2024- +2.9%, Jan. 2024- +1.9%, Dec. 2023- -1.8%, Nov. 2023- -0.2%)
Units Listed: 907 (Apr. 2024- 866, Mar. 2024- 864, Feb. 2024- 738, Jan. 2024- 781, Dec. 2023- 501, Nov. 2023- 634)
Average price of new listings increased by 8.0% (Apr. 2024- -6.8%, Mar. 2024- +7.8%, Feb. 2024- +0.1%, Jan. 2024- +2.7%, Dec. 2023- -6.9%, Nov. 2023- +6.0%)
Median price of new listings increased by 3.1% (Apr. 2024- -1.7%, Mar. 2024- +1.8%, Feb. 2024- +0.1%, Jan. 2024- +0.2%, Dec. 2023- +3.3%, Nov. 2023- 0%)