For the week ending Nobember 1, 2015 new home sales were at their highest level in four weeks when looking at the number of net sales per active project while buyer traffic came back down to roughly the same level we've seen for the past couple of months after a slight hike last week. A handful of builders were able to report double-digit sales led by DR Horton, which was the only company posting a number over 20. The top selling private builder (although still a "larger" company), was Century Communities with just four net sales.
Speaking of Century, they debuted a new 29 lot community in Mountains Edge called Sage Canyon which has three plans ranging from 2,288 to 2,643 square feet. This was the only new project we saw this week. The top individual seller for the week was Del Webb's Sun City Mesquite, but when looking just in the Las Vegas valley, KB Home's Mesa Bella showed the highest volume.
For all the latest data on the Las Vegas new home segment each and every week subscribe to the Weekly Traffic & Sales Watch today.