LAS VEGAS HOUSING SNAPSHOT

Home Builders Research, Inc.
Residential Resources, Inc
NEW HOMES May-15
MONTHLY CLOSINGS 527
YTD NEW HOME CLOSINGS 2,360
YTD CHANGE NEW HOME CLOSINGS
YTD % CHANGE NEW HOME CLOSINGS 8.9%
NEW HOME AVG PRICE $
NEW HOME MEDIAN PRICE $315,250
YTD NEW HOME MEDIAN PRICE CHANGE $35,350
YTD NEW HOME MEDIAN PRICE % CHANGE 12.6%
NEW HOME PERMITS May-15
MONTHLY PERMITS 680
YTD PERMITS 3,289
YTD PERMIT CHANGE 621
YTD PERMIT % CHANGE 23.3%
RESALES May-15
MONTHLY CLOSINGS 4,394
YTD RESALE CLOSINGS 17,480
YTD CHANGE RESALE CLOSINGS 2,633
YTD % CHANGE RESALE CLOSINGS 17.7%
RESALE AVG PRICE $
RESALE MEDIAN PRICE $199,000
YTD RESALE MEDIAN PRICE CHANGE $29,000
YTD RESALE MEDIAN PRICE % CHANGE 17.1%
MLS DATA (RESIDENTIAL RESOURCES) Feb-15
TOTAL SFR LISTINGS   13,309
TOTAL SFR LISTINGS UNDER CONTRACT 5497
MONTHS SUPPLY OF SFR LISTINGS 6.5
REO % OF SFR LISTINGS 5.6%
SHORT SALE % OF SFR LISTINGS 23.50%
TRADITIONAL % OF SFR LISTINGS 70.9%
REO % OF SFR CLOSINGS 9.8%
SHORT SALE % OF SFR CLOSINGS 9.5%
TRADITIONAL % OF SFR CLOSINGS 80.7%
% CASH TRANSACTIONS 29.3%
DAYS ON MARKET 47
DAYS LISTING TO CLOSE 80



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