Over the past couple of weeks our subscribers have been receiving our various reports containing data from May 2017. For a complete overview of our monthly reports, check the section of our website with that label located on the top menu bar. Our land and housing reports have been the "go to's" for housing professionals in Southern Nevada for over two decades.
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Today we'll look at some data from our Las Vegas Land Report, a comprehensive list of Clark County land transactions each month. Specifically, we'll check on homebuilder land purchase activity. For May we are reporting no less than 16 homebuilder purchases, the most of any month in 2017. Seven of these were for parcels of five or more acres. The largest of these was a piece in the Henderson foothills of nearly 60 acres bought by Blue Heron Design/Build. Just after this were two closings in the upcoming Villages at Tule Springs masterplan in North Las Vegas. Pardee Homes and KB Home both paid $200,000 per acre.
For the complete list of transactions, download the latest issue of the Las Vegas Land Report or subscribe today!