LAS VEGAS HOUSING SNAPSHOT

Home Builders Research, Inc.
Residential Resources, Inc
NEW HOMES Dec-14
MONTHLY CLOSINGS 612
YTD NEW HOME CLOSINGS 6020
YTD CHANGE NEW HOME CLOSINGS <1283>
YTD % CHANGE NEW HOME CLOSINGS <17.6%>
NEW HOME AVG PRICE $368,034
NEW HOME MEDIAN PRICE $291,785
YTD NEW HOME MEDIAN PRICE CHANGE <$6,816>
YTD NEW HOME MEDIAN PRICE % CHANGE <2.2%>
NEW HOME PERMITS Dec-14
MONTHLY PERMITS 506
YTD PERMITS 6632
YTD PERMIT CHANGE <334>
YTD PERMIT % CHANGE <4.8%>
RESALES Dec-14
MONTHLY CLOSINGS 3273
YTD RESALE CLOSINGS 39053
YTD CHANGE RESALE CLOSINGS <3883>
YTD % CHANGE RESALE CLOSINGS <.09%>
RESALE AVG PRICE $216,943
RESALE MEDIAN PRICE $177,400
YTD RESALE MEDIAN PRICE CHANGE $9,900
YTD RESALE MEDIAN PRICE % CHANGE 5.9%
MLS DATA (RESIDENTIAL RESOURCES) Dec-14
TOTAL SFR LISTINGS   12,172
TOTAL SFR LISTINGS UNDER CONTRACT 4567
MONTHS SUPPLY OF SFR LISTINGS 3.8
REO % OF SFR LISTINGS 5.4%
SHORT SALE % OF SFR LISTINGS 26.6%
TRADITIONAL % OF SFR LISTINGS 68%
REO % OF SFR CLOSINGS 7.7%
SHORT SALE % OF SFR CLOSINGS 10.3%
TRADITIONAL % OF SFR CLOSINGS 82%
% CASH TRANSACTIONS 26.8%
DAYS ON MARKET 40
DAYS LISTING TO CLOSE 81

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