Las Vegas Weekly New Home Traffic & Sales Update

For the weekly ending July 31st, new home sales activity bumped up to 0.8 Net Sales per Subdivision (of which there were 257 reporting this week) for the first time since May, while consumer traffic remained basically unchanged from the previous week.

DR Horton once again led all builders with 30 Net Sales (15% market share), nearly double that of the next closest competitor.  Overall, 10 of the 22 reporting builders reported at least 10 net sales.  Three different communities reported 5 Net Sales, which was the highest number for an individual project on the week.

There were six new projects reporting this week which can be found on the included map (zoom in to see the locations and basic info for each).  They were:

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