The latest RMLS Market Action report shows sales are up 17.2% in Clark County when comparing November 2011 to November 2010, and prices are down 7.2%. From October to November of this year, average and median sales prices increased by 8.2% and 5%, respectively. (The median price is the price that falls in the middle of the total number of homes sold.) Inventory level stands at 8, meaning it would take 8 months to sell all the current listings at the current sales pace if no new listings became available. Six months of inventory is considered a balanced market.