For the week ending May 4, 2014, the new home Traffic and Net Sales numbers reported were quite strong. The Net Sales per Subdivision was a solid 1.0 and the Traffic per Subdivision was up at nearly 20.
The Traffic number was a bit skewed by the grand opening of Tevare by KB Home in West Summerlin. Ryland Homes also debuted its Quintessa community in Mountains Edge, a 144 lot project ranging from 1626 to 2427 square feet.
William Lyon also gave us our first $1 million base price in quite some time with a price bump at Sterling Ridge Premier. Ryland, Shea Homes, Lennar, & American West also bumped up prices in some of their communities.
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