LAS VEGAS HOUSING SNAPSHOT

Home Builders Research, Inc.
Residential Resources, Inc
NEW HOMES Nov-14
MONTHLY CLOSINGS 548
YTD NEW HOME CLOSINGS 5396
YTD CHANGE NEW HOME CLOSINGS <1363>
YTD % CHANGE NEW HOME CLOSINGS <20.2%>
NEW HOME AVG PRICE $349,437.00
NEW HOME MEDIAN PRICE $295,000.00
YTD NEW HOME MEDIAN PRICE CHANGE <$1,115.00>
YTD NEW HOME MEDIAN PRICE % CHANGE <.3%>
NEW HOME PERMITS Nov-14
MONTHLY PERMITS 379
YTD PERMITS 6126
YTD PERMIT CHANGE <469>
YTD PERMIT % CHANGE <7.1%>
RESALES Nov-14
MONTHLY CLOSINGS 2818
YTD RESALE CLOSINGS 35780
YTD CHANGE RESALE CLOSINGS <4080>
YTD % CHANGE RESALE CLOSINGS <10.2%>
RESALE AVG PRICE $213,653.00
RESALE MEDIAN PRICE $179,990.00
YTD RESALE MEDIAN PRICE CHANGE $11,990.00
YTD RESALE MEDIAN PRICE % CHANGE 7.10%
MLS DATA (RESIDENTIAL RESOURCES) Nov-14
TOTAL SFR LISTINGS   13336
TOTAL SFR LISTINGS UNDER CONTRACT 4992
MONTHS SUPPLY OF SFR LISTINGS 3.7
REO % OF SFR LISTINGS 4.70%
SHORT SALE % OF SFR LISTINGS 26.10%
TRADITIONAL % OF SFR LISTINGS 69.30%
REO % OF SFR CLOSINGS 8.40%
SHORT SALE % OF SFR CLOSINGS 10.70%
TRADITIONAL % OF SFR CLOSINGS 80.90%
% CASH TRANSACTIONS 25.50%
DAYS ON MARKET 34
DAYS LISTING TO CLOSE 77

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