Las Vegas Weekly New Home Sales Update

For the week ending April 27, 2014, Clark County new home Traffic numbers rose to just over 19 per reporting subdivision, with Net Sales per subdivision remaining at 0.8.  Six builders reported Net Sales totals of 10 or more with half of those reporting over 20 for the week.

DR Horton led the way once again with 21 Net Sales for the week with American West and Richmond American just behind with 20 each. American West had a particularly strong week since they have less than 6% of the total subdivisions reporting as opposed to about 14% each for Horton and Richmond.

The only new product line reporting this week was Monteverdi by Ryland Homes, an attached product in North Las Vegas with prices from $179,990 to $204,990. KB Home has nearly completed selling their communities at Inspirada in Henderson and closed out Pods 2-3 of the Van Gogh product.

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