December 2022 Las Vegas Trustee Sales Report
Las Vegas Trustee Sales Report for December 2022
The Clark County, NV December 2022 Trustee Sale Report summary:
Cancelled: 112 (Nov. 2022-95, Oct. 2022-72, Sept. 2022-84, Aug. 2022-74, July 2022-83, June 2022-73)
Postponed: 107 (Nov. 2022-98, Oct. 2022-103,Sept. 2022-119, Aug. 2022-88, July 2022- 110, June 2022-112)
Sold to Third Party: 24 (Nov. 2022-30, Oct. 2022-27, Sept. 2022-30, Aug. 2022-28, July 2022-28, June 2022-28)
Reverted to Beneficiary: 38 (Nov. 2022-30, Oct. 2022-30, Sept. 2022-44, Aug. 2022-17, July 2022-25, June 2022-16)
The above are the results of the Trustee Sales for Clark County, NV for just December 2022. It hasn’t always been the case where the third party sales are less than what went back to the beneficiary (lender).
Greater Las Vegas Area MLS Statistics for December 2022:
MLS Single Family Homes Month’s supply of inventory: 4.0 (Nov. 2022- 4.8, Oct. 2022-4.6, Sept. 2022- 4.0, Aug. 2022- 4.0, July 2022- 3.5, June 2022- 2.2)
Units Sold: 1,534 (Nov. 2022- 1,521, Oct. 2022-1,724, Sept. 2022-2,030, Aug. 2022-2,002, July 2022-2,066, June 2022-2,668)
Average sales price decreased 2.9% (Nov. 2022- -3.3%, Oct. 2022- +3.3%, Sept. 2022- -1.8%, Aug. 2022- -1.0%, July 2022- -8.1%, June 2022- +3.0%)
Median sales price decreased 1.4% (Nov. 2022- -1.7%, Oct. 2022- -2.2%, Sept. 2022- 0%, Aug. 2022- -0.7%, July 2022- -3.1%, June 2022- -0.4%)
Units Listed: 1,677 (Nov. 2022- 2,096, Oct.2022-2,883, Sept. 2022-3,376, Aug. 2022-4,008, July 2022-4,459, June 2022-4,674)
Average price of new listings decreased 2.7% (Nov. 2022- -2.5%, Oct. 2022- +4%, Sept. 2022- 0%, Aug. 2022- -1.5%, July 2022- -7.5%, June 2022- -1.1%)
Median price of new listings decreased 2.2% (Nov. 2022- -1.7%, Oct. 2022- -1.4%, Sept. 2022- -1.5%, Aug. 2022- -0.7%, July 2022- -3.0%, June 2022- 0%)
The above are the results of the Las Vegas, NV REALTORS Single Family home sales for just December 2022.
MLS Condo/Townhouse Month’s supply of inventory: 3.5 (Nov. 2022- 3.5, Oct. 2022- 3.8, Sept. 2022-3.5, Aug. 2022-3.0, July 2022-2.7, June 2022-1.8)
Units Sold: 392 (Nov. 2022- 462, Oct. 2022-468, Sept. 2022-524, Aug. 2022-611, July 2022-606, June 2022-736)
Average sales price decreased by 5.1% (Nov. 2022- -1.4%, Oct. 2022- -5.5%, Sept. 2022- +3.8%, Aug. 2022- 0%, July 2022- -5.0%, June 2022- -2.8%)
Median sales price decreased by 5.0% (Nov. 2022- -1.8%, Oct. 2022- -1.5%, Sept. 2022- +1.9%, Aug. 2022- -2.5%, July 2022- -2.9%, June 2022- -1.8%)
Units Listed: 455 (Nov. 2022- 492, Oct. 2022-684, Sept. 2022-754, Aug. 2022-979, July 2022-1,061, June 2022-1,202)
Average price of new listings increased by 3.5% (Nov. 2022- -0.3%, Oct. 2022- -3.9%, Sept. 2022- -0.1%, Aug. 2022- +0.6%, July 2022- -7.5%, June 2022- +7.0%)
Median price of new listings increased by 1.0% (Nov. 2022- -1.8%, Oct. 2022- -4.4%, Sept. 2022- 0%, Aug. 2022- -2.5%, July 2022- -3.4%, June 2022- +1.8%)
The above are the results of the Las Vegas, NV REALTORS Condominium and Townhome sales for just December 2022.
This is the Clark County, NV unemployment rate.
