Subscribers have recently received Volume 355 of our Las Vegas Housing Market Letter with data and commentary from April 2017. We are reporting a significant year-to-year increase in new home closings, permits, and median price. We also look at the most active communities in terms of permits pulled in April. Not surprisingly, the southwest submarket area boasted four of the top eight projects led by Jones Crossing from American West Homes. Jones Crossing has been very impressive in 2017, averaging over 15 net sales per month over the past three months.
Dennis also discusses activity in the highly competitive and tight resale housing segment, including closings and median price. We also use this month's letter to remind clients of our in-house database, ready to be unleashed on your custom research needs. Join the ever increasing list of top industry professional that stay informed by reading the Las Vegas Housing Market Letter each month. Subscribe today.