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.