For the week ending August 30, 2015, new home sales in the Las Vegas area took a leap over the past number of weeks thanks to a very impressive week from one builder, DR Horton. They reported over forty (yes that's 40) net sales, which is the highest weekly individual builder total we can remember for many years. Even during the first third of 2015 when sales overall were relatively strong, we did not report that many sales from one builder in any one week. Their August sales total was nearly doubled. Buyer traffic across the board fell in line with where it has been over that past number of weeks.
Other builders that reported strong sales on a "per subdivision" level were American West Homes, Pulte Homes, Shea Homes, and Signature Homes. The highest reported sales among individual subdivision were also unsurprisingly from DR Horton, and also both in Henderson. Warm Springs Ranch tallied 10 net sales across its three product lines, and Whitney Ranch was not far behind.
Top 5 Builders by Net Sales - August 2015
Get the complete scoop on the Clark County new home segment each week by subscribing to the Weekly Traffic & Sales Watch.