Subscribers are just now receiving the Monthly Area Summary Chart for November 2015. This chart breaks down the data from our popular Weekly Traffic & Sales Watch by sub-market area (East, Henderson, NLV, NW, South, SW). The data summarizes buyer traffic and sales activity in each area and calculates cancellation %, conversion rates, and inventory totals.
In November we see three more projects overall compared with October. Traffic numbers were down except for North Las Vegas and the Northwest. Henderson and North Las Vegas saw growth in overall net sales and cancellation percentages dropped with few exceptions. Inventory remained basically unchanged.
This handy tool gives a quick glance at the market at the market sooner than basically any other source for a great price. Click below to order or subscribe.
A monthly chart that summarizes the consumer demand for new homes. Categories of new sales, cancellations, net sales/project, traffic/project, cancellation rate, conversion ratio, inventory/project, and others.