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Clark County Real Estate Market Update for October 2021

Clark County Real Estate Market Update for October 2021

In October 2021, there were 893 new listings, which is an 11.7% decrease from the 1,011 listed in October 2020, and a decrease of 10.7% from the 1,000 listed in September 2021.

900 pending sales last month show a 8.4% decrease from the 982 offers accepted in October 2020, and an increase of 1.2% from the 889 offers accepted the previous month in September 2021.

Closed sale count of 897 this October was a decrease of 6.2% from the 956 closings last year in October 2020, and a decrease of 2.2% from the 917 closings last month in September 2021.

Inventory slightly decreased to 0.7 months in October 2021. Total market time increased to 22 days, with the average home sale price of $545,000, and a median home sale price of $485,000.

For more information about what this market update means for you and your plans to buy or sell a home, contact our team today!

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