October 2023 Clark County NOD’s (167 to 193 month over month) and August 2023 NOS’s (134 to 92 month over month).
The Clark County, NV October 2023 Trustee Sale Report summary:
Cancelled: 89 (Sept. 2023- 96, August 2023- 124, July 2023-111, June 2023-111, May 2023-125, Apr. 2023-106)
Postponed: 117 (Sept. 2023- 145, August 2023- 117, July 2023- 103, June 2023-128, May 2023-137, Apr. 2023-122)
Sold to Third Party: 24 (Sept. 2023- 50, August 2023- 32, July 2023- 39, June 2023-41, May 2023-42, Apr. 2023-30)
Reverted to Beneficiary: 20 (Sept. 2023- 21, August 2023- 15, July 2023- 13, June 2023-13, May 2023-22, Apr. 2023-30)
Greater Las Vegas Area MLS Statistics for October 2023:
MLS Single Family Homes Month’s supply of inventory: 2.5 (Sept. 2023- 2.2, August 2023- 1.9, July 2023- 1.7, June 2023- 1.6, May 2023-1.6, Apr. 2023-1.9)
Units Sold: 1,699 (Sept. 2023- 1,821, August 2023- 2,009, July 2023- 2,041, June 2023-2,293, May 2023-2,316, Apr. 2023-1,962)
Single Family Residential average values have declined 7% in the past 2 months.
Average sales price decreased by 1.2% (Sept. 2023- -5.8%, August 2023- +2.5%, July 2023- +6.5%, June 2023- -4.9%, May 2023- +6.7%, Apr. 2023- +1.6%)
Median sales price decreased by 0.2%. (Sept. 2023- +0.6%, August 2023- -0.6%, July 2023- +2.0%, June 2023- -0.3%, May 2023- +2.8%, Apr. 2023- +1.2%)
Units Listed: 2,332 (Sept. 2023- 2,448, August 2023- 2,641, July 2023- 2,354, June 2023-2,617, May 2023- 2,604, Apr. 2023-2,451)
Average price of new listings increased 3.4% (Sept. 2023- -2.1%, August 2023- +3.3%, July 2023- +1.3%, June 2023- -5.9%, May 2023- -1.0%, Apr. 2023- +10.1%)
Median price of new listings remained the same. (Sept. 2023- +0.4%, August 2023- +0.6%, July 2023- 0%, June 2023- 0%, May 2023- +0.2%, Apr. 2023- +0.9%)
MLS Condo/Townhouse Month’s supply of inventory: 2.5 (Sept. 2023- 1.9, August 2023- 1.5, July 2023- 1.4, June 2023- 1.4, May 2023- 1.4, Apr. 2023-1.8)
Units Sold: 474 (Sept. 2023- 553, August 2023- 640, July 2023- 610, June 2023-646, May 2023- 684, Apr. 2023-535)
Condo/Townhouses average values have increased 10% in 12 months.
Average sales price increased by 5.3% (Sept. 2023- -5.5%, August 2023- +2.7%, July 2023- +1.1%, June 2023- +2.0%, May 2023- +2.5%, Apr. 2023- -1.4%)
Median sales price increased by 2.0% (Sept. 2023- -5.9%, August 2023- +4.9%, July 2023- -0.5%, June 2023- 0%, May 2023- +1.9%, Apr. 2023- +3.8%)
Units Listed: 755 (Sept. 2023- 718, August 2023- 724, July 2023- 692, June 2023-743, May 2023- 725, Apr. 2023-704)
Average price of new listings decreased by 0.7% (Sept. 2023- +1.3%, August 2023- -0.7%, July 2023- -3.2%, June 2023- +5.5%, May 2023- +3.0%, Apr. 2023- -0.3%)
Median price of new listings decreased 2.2% (Sept. 2023- +2.2%, August 2023- -3.1%, July 2023- -1.1%, June 2023- 0%, May 2023- +5.6%, Apr. 2023- -6.2%)