For the week ending May 18, 2014, new home Traffic and Sales activity again remained steady for the Las Vegas market. Net Sales per Subdivision stayed at 0.9 and Traffic per Subdivision jumped a bit to over 20.
Part of the jump in Traffic was due to a large number from Pardee Homes' new release in the Southwest, Summerglen. The community features homes from 2,311 to 2,402 square feet and debuted this week with 4 Net Sales.
Prices stayed put with the exception of a couple of rises from American West.