July 2017 New Home Traffic & Net Sales Reports Now Available

We have recently published the monthly updates with July 2017 data for a couple of our popular Las Vegas housing reports.

Our Monthly Area Traffic & Sales Summary Chart is a handy snapshot of activity around the valley by sub-market area (East, Henderson, North Las Vegas, Northwest, South, Southwest).  The report tracks the following data points:

  • Number of active projects
  • Total Traffic & Traffic per Project
  • Gross Sales, Cancellations, and Net Sales
  • Net Sales per Project
  • Cancellation %
  • Conversion % and Conversion Ratio
  • Inventory of Released Lots (Total and per Project)
  • Months of Inventory (Inventory/Net Sales)

In the submarkets that had the same number of reported projects or more year-to-year we report net sales increases across the board.  Cancellation % was fairly steady with some increases but mainly decreases.

We also released the updated "Interactive Traffic & Sales Summary" which overlays monthly totals onto a map for easy point and click visualization of current market activity.  These files are invaluable to those that use them and offer a great alternative to our basic spreadsheet reports.

Download the current reports or subscribe today, and Contact Us with any questions or custom data needs.

Posted on August 10, 2017 and filed under Product Updates.