For the week ending July 3rd, the Traffic and Sales activity for new homes in the Las Vegas valley kept a similar pace as we have reported for the entire month of June. CalAtlantic and DR Horton led the way with over 20 Net Sales each, and Pulte Homes' Mateo community was the top performing project with a reported 6 Net Sales. Mateo is averaging over five sales per month since opening in March of 2015.
The only newly reporting project this week was Rockpointe by Warmington Residential. Warmington began its return to the Las Vegas market in January 2015 and Rockpointe is now their fifth active community in the area. It is the largest by number of lots with 100 and is an entry-level project with plans starting at 1,590 square feet and $229,000.
We continue to report many minor price changes every couple of weeks, mostly rises. This week over a dozen builders raised prices in at least one community.
To get the specifics on these numbers, plus much more, in your inbox each week subscribe to the Weekly Traffic & Sales Watch today.