Subscribers recently received our 268th volume of the popular Las Vegas Land Report covering transaction data from July 2016.
In July we saw the overall number of transactions fall slightly, but there was no shortage of activity from homebuilders and developers. Century Communities added lots to their collection in North Las Vegas with takedowns within an existing project. Lennar Homes also added to their portfolio in Southern Highlands by picking up 29 acres at nearly $600,000 per acre. Pinnacle Homes grabbed some more parcels in the northwest, fitting their m.o. The southwest and Henderson sub-markets saw the bulk of the action with Pardee Homes, Pulte Homes, Richmond American, and DR Horton all among those closing deals. Custom home lots also continued to steadily sell led again by The Summit in Summerlin as well as activity in Ascaya and Seven Hills in Henderson.
For all the details on these and all relevant land transaction throughout Clark County every single month, subscribe to the Las Vegas Land Report today. We also offer a great companion tool, the Interactive Land Report, which allows the user to see all of the closings plotted on a map with clickable markers showing the same data as the original, spreadsheet-based report. For more information Contact Us.