LV Weekly Traffic & Sales Update

For the week ending May 10, 2015 New Home Consumer Traffic showed a bit of an increase, however Net Sales dipped to a level we haven't reported since the very beginning of the year.  On a "Per Subdivision" level, Net Sales registered at just 0.6 after two of our strongest weeks of 2015.  Only four builders reported double-digit sales with Lennar Homes and KB Home leading the way with over 20 each.  Lennar's Stonegate led all Subdivisions with 5 new sales.

2015 New Home Net Sales per Week

As Reported in "The Weekly Traffic & Sales Watch"

Two new communities began reporting this week, both in Henderson's Inspirada masterplan.  KB Home released a new line "Enclaves" bring their current number of projects in the masterplan to six.  Enclaves has plans from 2170 to 2401 sqft and from the low $300,000s.  The other was Pardee Homes' third foray in Inspirada, Bella Verdi.  The project has 159 lots with homes starting in the high $300,000s.

We also reported another batch of price adjustments, mainly rises, by a number of builders.  Another side note, Century Communities has recently released ten new floorplans in their Rhodes Ranch masterplan.

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