This is the January 2023 Trustee Sale Report results and wee see a big jump in Single Family inventory now, 47.7%!
January 2023 NOD Report (191 to 189 month over month), January 2023 NOS Report (103 to 126 month over month), and the January 2023 MLS Statistics.
The Clark County, NV January 2023 Trustee Sale Report summary:
Cancelled: 84 (Dec. 2022-112, Nov. 2022-95, Oct. 2022-72, Sept. 2022-84, Aug. 2022-74, July 2022-83)
Postponed: 102 (Dec. 2022-107, Nov. 2022-98, Oct. 2022-103,Sept. 2022-119, Aug. 2022-88, July 2022- 110)
Sold to Third Party: 27 (Dec. 2022-24, Nov. 2022-30, Oct. 2022-27, Sept. 2022-30, Aug. 2022-28, July 2022-28)
Reverted to Beneficiary: 33 (Dec. 2022-38, Nov. 2022-30, Oct. 2022-30, Sept. 2022-44, Aug. 2022-17, July 2022-25)
Greater Las Vegas Area MLS Statistics for January 2023:
MLS Single Family Homes Month’s supply of inventory: 4.1 (Dec. 2022-4.0, Nov. 2022- 4.8, Oct. 2022-4.6, Sept. 2022- 4.0, Aug. 2022- 4.0, July 2022- 3.5)
Units Sold: 1,325 (Dec. 2022-1,534, Nov. 2022- 1,521, Oct. 2022-1,724, Sept. 2022-2,030, Aug. 2022-2,002, July 2022-2,066)
Average sales price increased by 3.5% (Dec. 2022- -2.9%, Nov. 2022- -3.3%, Oct. 2022- +3.3%, Sept. 2022- -1.8%, Aug. 2022- -1.0%, July 2022- -8.1%)
Median sales price stayed the same (Dec. 2022- -1.4%, Nov. 2022- -1.7%, Oct. 2022- -2.2%, Sept. 2022- 0%, Aug. 2022- -0.7%, July 2022- -3.1%)
Units Listed: 2,477 (Dec. 2022-1,677, Nov. 2022- 2,096, Oct.2022-2,883, Sept. 2022-3,376, Aug. 2022-4,008, July 2022-4,459)
Average price of new listings increased by 5.2% (Dec. 2022- -2.7%, Nov. 2022- -2.5%, Oct. 2022- +4%, Sept. 2022- 0%, Aug. 2022- -1.5%, July 2022- -7.5%)
Median price of new listings increased by 1.3% (Dec. 2022- 2.2%, Nov. 2022- -1.7%, Oct. 2022- -1.4%, Sept. 2022- -1.5%, Aug. 2022- -0.7%, July 2022- -3.0%)
MLS Condo/Townhouse Month’s supply of inventory: 3.1 (Dec. 2022-3.5, Nov. 2022- 3.5, Oct. 2022- 3.8, Sept. 2022-3.5, Aug. 2022-3.0, July 2022-2.7)
Units Sold: 398 (Dec. 2022- 392, Nov. 2022- 462, Oct. 2022-468, Sept. 2022-524, Aug. 2022-611, July 2022-606)
Average sales price increased by 15.5% (Dec. 2022- -5.1%, Nov. 2022- -1.4%, Oct. 2022- -5.5%, Sept. 2022- +3.8%, Aug. 2022- 0%, July 2022- -5.0%)
Median sales price increased by 3.3% (Dec. 2022- -5.0%, Nov. 2022- -1.8%, Oct. 2022- -1.5%, Sept. 2022- +1.9%, Aug. 2022- -2.5%, July 2022- -2.9%)
Units Listed: 637 (Dec. 2022- 455, Nov. 2022- 492, Oct. 2022-684, Sept. 2022-754, Aug. 2022-979, July 2022-1,061)
Average price of new listings increased by 1.8% (Dec. 2022- +3.5%, Nov. 2022- -0.3%, Oct. 2022- -3.9%, Sept. 2022- -0.1%, Aug. 2022- +0.6%, July 2022- -7.5%)
Median price of new listings stayed the same (Dec. 2022- +1.0%, Nov. 2022- -1.8%, Oct. 2022- -4.4%, Sept. 2022- 0%, Aug. 2022- -2.5%, July 2022- -3.4%)