For the week ending January 25, 2017 new home sales in the Las Vegas area remained strong for the third straight week averaging 0.7 net sales per project. The overall number of net sales was the highest we have reported since late August of 2016. DR Horton again led all builders with over 30 net sales. When looking at sales per project, other builders reporting a strong week were Del Webb, Harmony Homes, and Signature Homes.
Multiple communities shared the distinction of top seller this week with 4 net sales, one of which was in North Las Vegas with the rest coming from the South and Southwest sub-market areas. See the graph below for the breakdown of activity by market area for the week.