For the week ending July 20, 2014 New Home Traffic and Sales in the Las Vegas valley remained consistent once again. Traffic was between 16 and 17 units per subdivision for the 4th straight week while Net Sales came in between 0.6 and 1.1 per subdivision for the 26th straight week.
Lennar Homes reported an excellent week with 37 Net Sales to lead all builders and account for over 23% of all reported sales. DR Horton and American West Homes also reported over 20 Net Sales each. American West's newest community, Southbrook, led all communities with 8 reported Net Sales.
For the first week in quite a while there were no newly reported subdivisions. Not to worry though, we can look forward to a number of new projects coming online in the next month or so including multiple builders' opening up in Inspirada.
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