July 2024 Market Report
“Market activity in Clark County has rebounded solidly in 2024. The summer market has been robust, with a double digit increase in closed sales year-over-year and month-over month, and we have finally seen some sustained recovery in new listings, with a 9.9% increase year to date. Affordability and inventory concerns continue to keep some buyers on the sideline, though we are hopeful that the Fed may further drop interest rates to give buyers some relief in the form of increased buying power.”
– Heather Renner, 2024 CCAR President