The number of price cuts in the Clark County market climbed to 610 over the last 30 days, furthering a solid positive trend. Despite drops in list prices, sales also decreased to 675 homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. While the number of price reductions trended higher, months of inventory is on an eight-week downward trend, this week hitting two months. With such low levels of inventory, Clark County is still a solid seller's market, in spite of the dip in sales.
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