Clark County, NV Trustee Sale Report September 2023
September 2023 Clark County NOD’s (224 to 167 month over month) and September 2023 NOS’s (168 to 134 month over month).
The Clark County, NV September 2023 Trustee Sale Report summary:
Cancelled: 96 (August 2023- 124, July 2023-111, June 2023-111, May 2023-125, Apr. 2023-106, Mar. 2023-87)
Postponed: 145 (August 2023- 117, July 2023- 103, June 2023-128, May 2023-137, Apr. 2023-122, Mar. 2023-123)
Sold to Third Party: 50 (August 2023- 32, July 2023- 39, June 2023-41, May 2023-42, Apr. 2023-30, Mar. 2023-38)
Reverted to Beneficiary: 21 (August 2023- 15, July 2023- 13, June 2023-13, May 2023-22, Apr. 2023-30, Mar. 2023-25)
Greater Las Vegas Area MLS Statistics for September 2023:
MLS Single Family Homes Month’s supply of inventory: 2.2 (August 2023- 1.9, July 2023- 1.7, June 2023- 1.6, May 2023-1.6, Apr. 2023-1.9, Mar. 2023-1.8)
Units Sold: 1,821 (August 2023- 2,009, July 2023- 2,041, June 2023-2,293, May 2023-2,316, Apr. 2023-1,962, Mar. 2023-2,361)
Single Family Residential average values have declined 5.8% in the past 14 months.
Average sales price decreased by 5.8% (August 2023- +2.5%, July 2023- +6.5%, June 2023- -4.9%, May 2023- +6.7%, Apr. 2023- +1.6%, Mar. 2023- +4.8%)
Median sales price increased by 0.6%. (August 2023- -0.6%, July 2023- +2.0%, June 2023- -0.3%, May 2023- +2.8%, Apr. 2023- +1.2%, Mar. 2023-0%)
Units Listed: 2,448 (August 2023- 2,641, July 2023- 2,354, June 2023-2,617, May 2023- 2,604, Apr. 2023-2,451, Mar. 2023-2,565)
Average price of new listings decreased 2.1% (August 2023- +3.3%, July 2023- +1.3%, June 2023- -5.9%, May 2023- -1.0%, Apr. 2023- +10.1%, Mar. 2023- -6.0%)
Median price of new listings increased by 0.4%.(August 2023- +0.6%, July 2023- 0%, June 2023- 0%, May 2023- +0.2%, Apr. 2023- +0.9%, Mar. 2023-0%)
MLS Condo/Townhouse Month’s supply of inventory: 1.9 (August 2023- 1.5, July 2023- 1.4, June 2023- 1.4, May 2023- 1.4, Apr. 2023-1.8, Mar. 2023- 1.8)
Units Sold: 553 (August 2023- 640, July 2023- 610, June 2023-646, May 2023- 684, Apr. 2023-535, Mar. 2023- 601)
Condo/Townhouses average values have increased 4.7% in 11 months.
Average sales price decreased by 5.5% (August 2023- +2.7%, July 2023- +1.1%, June 2023- +2.0%, May 2023- +2.5%, Apr. 2023- -1.4%, Mar. 2023- +5.9%)
Median sales price decreased by 5.9%. (August 2023- +4.9%, July 2023- -0.5%, June 2023- 0%, May 2023- +1.9%, Apr. 2023- +3.8%, Mar. 2023- +2.0%)
Units Listed: 718 (August 2023- 724, July 2023- 692, June 2023-743, May 2023- 725, Apr. 2023-704, Mar. 2023-733)
Average price of new listings increased 1.3% (August 2023- -0.7%, July 2023- -3.2%, June 2023- +5.5%, May 2023- +3.0%, Apr. 2023- -0.3%, Mar. 2023- -4.1%)
Median price of new listings increased 2.2% (August 2023- -3.1%, July 2023- -1.1%, June 2023- 0%, May 2023- +5.6%, Apr. 2023- -6.2%, Mar. 2023- +5.3%)
