August 2013

Monthly Report

HE BOTTOM LINE The housing market remains a hot topic for those who analyze the Las Vegas economy and are keeping a close eye on its pace of recovery. Nevada has gone from the fastest
appreciating housing market in the United States, to the fastest depreciating market in the United States, only to come full circle in 2013 and once again post nation-leading price gains. For
some, the recent spike in pricing is merely a rebound from the markets overcorrection that pushed the median resale down to $100,000 in January 2012. For others, the recent price gains
reflect overly aggressive residential investment, gobbling up inventory, driving up prices and creating a whole new housing bubble that threatens to burst as soon as investors start looking for an
exit strategy. Respecting the clear distortions in the market, current pricing levels are more in line with household incomes and new construction levels are more in line with population growth
than they were at either the markets peak or its trough. Month-to-month price gains are slowing, availability in the resale market is rising (now at 2.6 months of availability) and the share of
cash purchases now stands at 48 percent of the total (the first time it has dipped below the 50-percent mark in nearly two years). The potential exists for some air to be let out of the bubble, but
an expanding population base, positive job growth and fewer investor purchases may lead to more sustainable sales volumes and pricing levels if the market settles at or near its present condition.

NEW HOME HIGHLIGHTS

EXISTING HOME HIGHLIGHTS

NEW HOME CLOSINGS: The number of new home closings reached a recent cycle high of 755 sales, which

was 25.4 percent ahead of a year ago. Through the first eight months of 2013, new home closings are up 62.4
percent with a total of 4,961 units.

NEW HOME PRICING: New home prices remain up 30.1 percent when compared to the prior year, but the
median has started to level out over the past three months. While the softening pace of month-to-month
gains is not a surprise, it does provide some insight into overall demand and buyers willingness to pay. Prices
reached $123 per square foot in August, higher than the $119 reported in July and the $105 demanded one
year ago.

umes continuing to show signs of slowing. On a year-to-date basis, closing volumes are off 10.6 percent. For
the past 12 months, sales totaled 48,667, down 12.6 percent from 55,702 closings in the prior period.

NEW HOME MARKET SNAPSHOT

Median Home Price
Average Price Per Square Foot
No. of Closings - Month
No. of Closings - Year-to-Date
No. of Closings - Last 12 Months
New Home Permits - Month
New Home Permits - Year-to-Date
New Home Permits - Last 12 Months
Active Subdivisions
Average Sales per Subdivision

SalesTraq

Value

Annual Growth

$266,389
$122.99
755
4,961
7,295
641
4,910
6,764
153
4.93

+30.1%
+16.6%
+25.4%
+62.4%
+62.5%
+11.9%
+23.0%
+33.3%
-25.7%
+68.9%

6385 S. Rainbow Blvd., Suite 105

Las Vegas, NV 89118

EXISTING (RESALE) HOME PRICING: Median resale home prices remained flat from July to August at
$155,000. Compared to a year ago, pricing is up 30.3 percent, and on a per-square-foot basis average resale
prices were at $102 (+24.3 percent year-over-year).

RESALE AVAILABILITY (MLS LISTINGS): Availability in the resale market is continuing to rise. The Multiple Listing Service (MLS) reported over 8,300 units available, which equates to approximately 2.6 months of
effective inventory at the current MLS selling pace.

NEW HOME SUPPLY: New home permitting volumes remain relatively consistent with recent trends as
builders pulled 641 permits valley-wide for new home construction. The top 10 most active builders included:
Richmond American (80), Ryland (77), Lennar (74), American West (73), DR Horton (59), KB Home (43), Pulte
(27), Harmony Homes (25), Warmington Homes (25), and Dunhill Homes (24).

EXISTING (RESALE) HOME CLOSINGS: Existing home closings totaled 4,249 units in August, with vol-

BANK FORECLOSURES (REPOSSESSIONS): The number of homes repossessed by lenders totaled 165
units in August, which is a relatively small amount when considering the total count of delinquencies in the
market.
EXISTING (RESALE) HOME MARKET SNAPSHOT
Median Home Price
Average Price Per Square Foot
No. of Closings - Month
No. of Closings - Year-to-Date
No. of Closings - Last 12 Months
Bank Repossessions - Month
Bank Repossessions - Year-to-Date
Bank Repossessions - Last 12 Months
MLS Listings (Available)
Effective MLS Inventory (in Months)

T: 702.949.3333

E: info@SalesTraq.com

SalesTraq.com

Value

Annual Growth

$155,000
$101.68
4,249
32,914
48,667
165
1,524
2,395
8,319
2.6

+30.3%
+24.3%
-6.1%
-10.6%
-12.6%
-39.3%
-56.9%
-67.9%
+69.4%
+94.7%

August 2013

Monthly Report
SalesTraq Fast-Facts
Page 1

600
500
400
300
200

Aug-13

Apr-13

Jun-13

Feb-13

Oct-12

Dec-12

Aug-12

Apr-12

Jun-12

Feb-12

Oct-11

Dec-11

Aug-11

100

SalesTraq
Fast-Facts
New
Home Permits
Page
9001 Median New Home Prices
800 New Home Sales
$280,000

Aug-11Aug-11
Aug-11
Oct-11
Oct-11
Oct-11
Dec-11
Dec-11
Dec-11
Feb-12
Feb-12
Feb-12
Apr-12Apr-12
Apr-12
Jun-12Jun-12
Jun-12
Aug-12Aug-12
Aug-12
Oct-12
Oct-12
Oct-12
Dec-12
Dec-12
Dec-12
Feb-13
Feb-13
Feb-13
Apr-13
Apr-13
Apr-13
Jun-13
Jun-13
Jun-13
Aug-13
Aug-13
Aug-13

700
$270,000
800
$260,000
600
700
$250,000
500
600
$240,000
400
$230,000
500
300
$220,000
400
200
$210,000
300
$200,000
100
200
$190,000
0
$180,000
100

Aug-13

Jun-13

Median New Home Prices

New Home
Avg $/SqFt

New Home
Permits

Active
Subdivisions

Average Sales
Per Subdivision

377 -9.8% $197,828 -9.3% $97.13 -7.1% 337 -1.7% 240 10.6% 1.57 -18.5%
398 -11.2% $205,263 -4.0%

$98.70 -5.7%

252 27.3%

241 9.5% 1.65 -18.9%

323 -0.6% $197,443 -8.2% $98.42 -4.5% 197 -28.9% 243 6.6% 1.33 -6.8%

Nov-11

347 -11.3% $207,286 3.0%

$95.51 -9.6%

250 64.5%

Dec-11

365 4.0% $211,265 -3.5%

$93.17 -8.9%

384 30.2% 235 3.1% 1.55

Jan-12

215 -5.3% $211,970 1.8% $92.13 -7.8% 222 -4.7% 235 0.4% 0.91 -5.7%

Feb-12

286 7.5% $196,483 3.3% $95.40 -1.7% 236 0.0% 241 2.6% 1.19 4.8%

Mar-12

348 23.0% $204,370 3.0%

$98.46 3.8%

514 43.2% 225 -5.9% 1.55 30.6%

$280,000
Apr-12
$270,000
May-12
$260,000
$250,000
Jun-12
$240,000
$230,000
Jul-12
$220,000
Aug-12
$210,000
$200,000
Sep-12
$190,000
$180,000
Oct-12

350 38.9% $202,653 6.7%

$95.05 2.8%

596 90.4% 220 -9.8% 1.59 54.0%

413 45.4% $197,945 2.0%

$96.18 -1.3%

654 50.0% 221

-11.2% 1.87 63.8%

Median New Home Prices

373

4.5%

$193,875 -3.7%

468 49.0% $204,111 1.6%

$103.32

5.5%

648 41.8%

240 4.8% 1.45 -15.3%

217 -13.2% 1.72

0.9%

20.4%

$98.19 1.7%

549 92.0% 212

-13.1% 2.21 71.5%

602 59.7% $204,737 3.5% $105.44 8.6%

573 70.0% 206

-14.2% 2.92 86.0%

592 48.7% $198,845 -3.1% $102.64 4.0%

437 73.4% 186

-22.8% 3.18 92.7%

580 79.6%

543 175.6%

$216,045

9.4%

$103.98

5.6%

184 -24.3% 3.15 137.1%

557 60.5% $219,000 5.7% $109.56 14.7%

Dec-12

605 65.8% $219,963 4.1% $108.21 16.1% 397 3.4% 184

-21.7% 3.29 111.7%

Jan-13

512 138.1% $220,355 4.0%

Feb-13

497 73.8% $231,573 17.9% $119.45 25.2%

463 96.2% 152

-36.9% 3.27 175.5%

Mar-13

581 67.0% $222,201 8.7% $114.09 15.9%

680 32.3% 153

-32.0% 3.80 145.5%

Apr-13

650 85.7% $238,194 17.5% $109.08 14.8%

643 7.9% 151

-31.4% 4.30 170.6%

May-13

714 72.9% $255,565 29.1% $113.79 18.3%

764 16.8% 155

-29.9% 4.61 146.5%

300

Jun-13

616 65.1% $266,725 37.6% $116.21 12.5%

606 -6.5% 151

-30.4% 4.08 137.3%

200

Jul-13

636 35.9% $267,254 30.9% $118.86 21.0%

514 -6.4% 152

-28.3% 4.18 89.5%

Aug-13

755 25.4% $266,389 30.1% $122.99 16.6%

641 11.9% 153

-25.7% 4.93 68.9%

New Home Permits

900
800
700
600
500
400

100
0

Aug-11
Oct-11
Dec-11
Feb-12
Apr-12
Jun-12
Aug-12
Oct-12
Dec-12
Feb-13
Apr-13
Jun-13
Aug-13

Jun-13
Aug-13

New Home Median

Closing Prices

Nov-12

New Home Permits

New Home
Closings

Aug-11
Oct-11
Dec-11
Feb-12
Apr-12
Jun-12
Aug-12
Oct-12
Dec-12
Feb-13
Apr-13
Jun-13
Aug-13

700

New Home Sales

Median New Home Prices

$280,000
$270,000
$260,000
$250,000

$240,000

$230,000
$220,000
Aug-11
$210,000
Sep-11
$200,000
$190,000
Oct-11
$180,000

Aug-11
Oct-11
Dec-11
Feb-12
Apr-12
Jun-12
Aug-12
Oct-12
Dec-12
Feb-13
Apr-13
Jun-13
Aug-13

New Home Sales

New Home Sales

800

Note: Growth rate (%) reflects year-over-year changes

$116.05 26.0%

477 90.8% 181

-24.6% 3.08 112.8%

599 169.8%

168 -28.5% 3.05 233.1%

August 2013

Monthly Report

Existing Home Sales

Existing Home Sales

$165,000

5,500

$155,000
$145,000

5,000

$125,000

4,000

$103,900 -12.2%

Existing Home
Avg $/SqFt

Bank
Repossessions

$68.90 -10.7% 1,501

Available MLS
Effective MLS
Listings (Resale) Inventory (in months)

4.2% 13,149 -11.5%

3.1 -22.5%

$68.56 -11.1% 1,106 -26.3% 12,761 -18.9%

3.2 -27.3%

Oct-11
$95,000

4,200 -0.7% $105,000 -4.5% $67.33 -7.8% 928 -45.1%

12,228
-24.9% 3.2 -30.4%

Nov-11

4,572 5.0% $103,000

-14.7% $66.58 -12.3% 984 2.2%
11,086
-33.0% 3.2 -31.9%

Dec-11

5,153 14.2%

$104,900 -8.7%

$67.13

904 -40.8% 10,540 -35.3%

2.8 -33.3%

Jan-12

4,418 11.2%

$100,000 -8.3%

$65.10 -10.7% 1,021 -36.8% 9,536 -37.8%

2.8 -42.9%

Feb-12

4,331

7.7%

$101,000 -7.3%

$65.83

-8.9%

620 -35.2% 7,873 -45.3%

2.2 -53.2%

Median Existing Home5,299

Prices
Mar-12

2.4%

$105,000 -2.8%

$67.44

-3.9%

356 -83.2% 5,897 -58.7%

2.1 -48.8%

-9.1%

Apr-12

4,657 -7.3%

$107,000

0.5%

$68.57

-2.0%

258 -86.1% 4,738 -66.6%

1.3 -66.7%

May-12

4,833 -5.6%

$112,000

5.9%

$75.55

7.3%

408 -82.2% 4,577 -67.1%

1.1 -68.2%

$155,000
$145,000

Jun-12
$135,000

4,658 -18.3% $115,000 9.2%

$78.20 14.2%

313 -84.0% 4,636 -66.5%

1.2 -60.6%

$125,000
Jul-12

4,078 -16.2% $116,000 11.5%

$79.81 16.9%

285 -81.3% 4,713 -62.8%

1.4 -58.4%

$115,000
Aug-12

4,526 -21.1% $119,000 14.5%

$81.80 18.7%

272 -81.9% 4,911 -62.7%

1.4 -56.2%

Sep-12

3,684 -26.0% $122,781 17.0%

$79.60 16.1%

210 -81.0% 4,930 -61.4%

1.6 -51.3%

Oct-12

4,257

$79.67

18.3%

262 -71.8% 4,767 -61.0%

1.3 -57.8%

Nov-12

3,776 -17.4% $125,000 21.4%

$82.09 23.3%

186 -81.1% 4,694 -57.7%

1.5 -53.8%

Dec-12

4,036 -21.7% $130,000 23.9%

$83.88 24.9%

213 -76.4% 4,516 -57.2%

1.3 -53.7%

Jan-13

3,371 -23.7% $130,000 30.0%

$87.59 34.5%

253 -75.2% 4,226 -55.7%

1.6 -44.3%

Feb-13

3,637 -16.0% $130,000 28.7%

$86.96 32.1%

212 -65.8% 4,022 -48.9%

1.3 -41.0%

Mar-13

3,862 -27.1% $138,151 31.6%

$90.42 34.1%

205 -42.4% 4,193 -28.9%

1.2 -42.6%

1,000

Apr-13

4,456 -4.3% $143,500 34.1%

$96.84 41.2%

188 -27.1% 4,316 -8.9%

1.2

800

May-13

4,685 -3.1% $142,150 26.9%

$95.43 26.3%

173 -57.6% 4,806 5.0%

1.3 12.9%

Jun-13

4,199 -9.9% $151,000 31.3%

$99.52 27.3%

119 -62.0% 5,750 24.0%

1.6 33.8%

Jul-13

4,455 9.2% $155,000 33.6% $101.96 27.7%

209 -26.7% 7,667 62.7%

2.2 60.7%

Aug-13

4,249 -6.1% $155,000 30.3% $101.68 24.3%

165 -39.3% 8,319 69.4%

2.6 94.7%

Foreclosures (REOs)

Foreclosures (REOs)
1,400
1,200

600
400

Aug-13

Jun-13

Apr-13

Feb-13

Dec-12

Oct-12

Aug-12

Jun-12

Apr-12

Feb-12

Dec-11

Oct-11

Aug-11

200
Jun-13

4,977 13.3% $104,900 -10.5%

$165,000

1,600

Aug-13

Sep-11

Aug-11
Oct-11
Dec-11
Feb-12
Apr-12
Jun-12
Aug-12
Oct-12
Dec-12
Feb-13
Apr-13
Jun-13
Aug-13

Aug-13

Apr-13

Jun-13

Feb-13

Oct-12

Dec-12

Aug-12

Apr-12

Jun-12

Feb-12

Oct-11

Dec-11

Aug-11

Existing Home Sales

1,400
$165,000
6,000
1,200
$155,000
1,000
5,500
$145,000
800
5,000
$135,000
600
$125,000
4,500
400
$115,000
200
4,000
$105,000
0
3,500
$95,000
3,000

$105,000
$95,000

1.4%

Aug-11
Oct-11
Dec-11
Feb-12
Apr-12
Jun-12
Aug-12
Oct-12
Dec-12
Feb-13
Apr-13
Jun-13
Aug-13

Aug-11
Aug-11
Oct-11
Oct-11
Aug-11
Dec-11
Dec-11
Oct-11
Feb-12
Feb-12
Dec-11
Apr-12
Feb-12
Apr-12
Jun-12
Apr-12
Jun-12
Aug-12
Jun-12
Aug-12
Oct-12
Aug-12
Oct-12
Dec-12
Oct-12
Dec-12
Feb-13
Dec-12
Feb-13
Feb-13
Apr-13
Apr-13
Apr-13
Jun-13
Jun-13
Jun-13
Aug-13
Aug-13
Aug-13

Jun-13

Aug-13

Median
Existing
Home
1,600 Median
Existing Home
Prices Prices

5,740 34.1%

$105,000

Foreclosures (REOs)

Median
Closing Prices

Aug-11

$115,000

3,500
3,000

Existing Home
Closings

$135,000

4,500

Existing Home Sales

Median Existing Home Prices

6,000

$124,000 18.1%

Note: Growth rate (%) reflects year-over-year changes

-8.6%

August 2013

Monthly Report

Existing Home Sales

NON-DISTRESSED SALES (67%): The number of

non-distressed sales, referred to as equity sales or
transactions that do not fall within one of the other
three distressed categories listed below, represented
the highest share since prior to the Great Recession.
A total of 2,851 non-distressed sales were completed
in August, which accounted for two out of every three
closings. During the past 12 months, a total of 26,911
non-distressed sales took place, which was 55.3 percent more than the same period of the prior year. The
median price of equity sales was $165,000, which led
all sectors and was 32.0 percent ahead of last year.
Per-square-foot values were the highest among all
sales categories at $109 per square foot.

SHORT SALES (19%): Accounting for nearly one

in every five resale closings, the number of successful short sales totaled 807 units, which was nearly
one-half the total posted one year ago. Pricing for
short sales was a below-average $137,000 during the
month, or $84 per square foot.

BANK-OWNED PROPERTIES (8%): The number

of REO sales totaled 344 units in August, which was
55.2 percent below the same month of the prior year.
During the past 12 months, a total of 5,057 bankowned properties were sold, reflecting a 74.0-percent
drop from the prior year. The median price of REO sales
was $144,950, up 14.1 percent from a year ago but
down 8.4 percent from July. REO sales averaged $93
per square foot in August.

AUCTION SALES (6%): The number of homes acquired at auction was 247 in August, accounting for
5.8 percent of all closings. With fewer properties moving through the foreclosure process overall, fewer
homes are available and ultimately sold at auction to
third parties. A total of 3,027 auction sales took place
in the last 12 months, down 47.3 percent from the
prior year. The median price was the lowest among all
sectors at $119,000 per unit. The average price per
square foot was $84, also the lowest.

NUMBER OF SALES
Distressed Sales Categories
Auction
REO
Short Sale

MEDIAN CLOSING PRICE

Non-
Distressed

Total
All Types

Distressed Sales Categories

Auction
REO
Short Sale

Non-
Distressed

Total
All Types

Aug-11

611 2,636

959

1,534

5,740 $91,100 $98,000 $119,000 $109,950 $103,900

Sep-11

570 2,241

894

1,272

4,977 $85,470 $103,500 $113,000 $108,000 $104,900

Oct-11

506 1,789

804

1,101

4,200 $94,750 $103,500 $111,500 $105,000 $105,000

Nov-11

530 1,949

908

1,185

4,572 $89,050 $103,000 $113,500 $103,500 $103,000

Dec-11

503 2,121

1,026

1,503

5,153 $85,100 $100,500 $115,000 $109,900 $104,900

Jan-12

550 1,796

888

1,184

4,418 $80,000 $100,000 $110,000 $104,101 $100,000

Feb-12

628 1,679

923

1,101

4,331 $93,801 $99,900 $108,000 $104,500 $101,000

Mar-12

602 2,036

1,078

1,583

5,299 $89,450 $105,000 $109,000 $108,000 $105,000

Apr-12

423 1,652

1,071

1,511

4,657 $92,200 $110,000 $110,000 $108,000 $107,000

May-12

408 1,440 1,219

1,766 4,833 $109,350 $114,000 $110,000 $115,000 $112,000

Jun-12

345 1,217 1,028

2,068 4,658 $101,400 $120,000 $105,000 $120,000 $115,000

Jul-12

355

782 1,267

1,674 4,078 $102,100 $120,000 $111,000 $121,667 $116,000

Aug-12

321

768 1,486

1,951 4,526 $109,000 $127,000 $112,000 $125,000 $119,000

Sep-12

224

548 1,315

1,597 3,684 $112,250 $127,690 $115,500 $130,000 $122,781

Oct-12

290

572 1,493

1,902 4,257 $113,850 $130,800 $117,900 $126,250 $124,000

Nov-12

231

494 1,235

1,816 3,776 $111,000 $137,013 $118,500 $128,000 $125,000

Dec-12

167

484 1,514

1,871 4,036 $110,100 $140,000 $129,450 $130,000 $130,000

Jan-13

235

449

911

1,776 3,371 $127,000 $149,000 $120,000 $134,945 $130,000

Feb-13

242

377 1,103

1,915 3,637 $120,250 $134,000 $126,000 $137,000 $130,000

Mar-13

222

364 1,094

2,182 3,862 $120,050 $143,846 $125,000 $146,000 $138,151

Apr-13

226

419 1,115

2,696 4,456 $135,550 $145,900 $125,118 $150,000 $143,500

May-13

313

376 1,137

2,859 4,685 $110,100 $145,501 $133,000 $150,000 $142,150

Jun-13

252

314 1,015

2,618 4,199 $133,013 $140,376 $135,000 $163,000 $151,000

Jul-13

378

316

933

2,828 4,455 $125,639 $158,250 $137,000 $165,000 $155,000

Aug-13

247

344

807

2,851 4,249 $119,000 $144,950 $137,000 $165,000 $155,000

Months of Housing Inventory by Zip Code

Las Vegas, Nevada
September 2013

Monthly Report

August 2013

SalesTraq

Effective
Housing Inventory

89143

2.2

89085
89131

2.2

89166

3.1

89002
89011
89012
89014
89015
89030
89031
89032
89044
89052
89074
89081
89084
89085
89086
89101
89102
89103
89104
89106
89107
89108
89109
89110
89113
89115
89117
89118

1.7
3.7
2.0
2.2
2.2
3.1
1.8
2.5
3.3
3.8
1.6
2.4
2.5
1.4
3.7
3.5
3.6
2.9
2.4
5.2
3.1
2.8
8.7
2.8
3.3
3.0
2.9
3.9

Zip Code
89119
89120
89121
89122
89123
89128
89129
89130
89131
89134
89135
89138
89139
89141
89142
89143
89144
89145
89146
89147
89148
89149
89156
89166
89169
89178
89179
89183

89130

Note: Effective inventory (in months) is computed based on

available (non-contingent) listings in the Greater Las Vegas
Association of Realtors Multiple Listing Service (MLS) and
resale closings in the MLS.

3.7

89031

2.2

Inventory

3.5
3.8
2.5
3.3
1.7
2.9
2.4
2.2
2.2
4.0
3.2
2.4
2.7
2.9
1.9
2.2
1.7
2.4
3.3
2.0
3.1
2.4
2.8
3.1
4.4
2.6
3.1
2.8

89086

89084

89149

2.4

Inventory

N/A

2.5

By Zip Code (in Months)

Zip Code

89087

1.4

89081

1.8

2.4

89115

3.0

89191

89129

2.4

89032

2.5

89030

89134

3.1

4.0

89138

2.4

89128

2.9

89144

1.7

89145

2.4

89117

2.9

2.8

89147

2.0

89148
89113

5.2

89107
89146

3.3

89110

89101

2.8

3.5

3.1

89104
89102

3.6

89103

1.9

89109 8.7
89169 4.4

89121

89119

3.5

3.9

2.7

89120

3.8

89123

1.7

3.7

89015

89074

1.6

2.2

2.0

89183

2.6

89124

89011

89014

89012

89178

3.1

3.3

2.2

89139

89179

89122

2.5

3.3

89004

89124

89142

2.4

2.9

89118

3.1

2.8

89106

89135

3.2

89156

89108

89002

2.8

1.7

89052

89141

3.8

2.9

89124

89044

3.3

Note: Inventory includes available homes (excluding contingent and pending properties) relative to closings.

3,500
3,000
2,500
2,000
1,500
1,000
500
0

Monthly Report

August 2013

EXISTING HOME CLOSINGS

By Type

By Price

SalesTraq Fast-Facts
Page 5

Auction

REO

Short Sale

Non-Distressed

SalesTraq is a comprehensive residential real estate research

and analysis solution. For more than two decades, SalesTraq
has been providing home pricing, sales and development data
to real estate agents, homebuilders, appraisers, buyers and
investors. Our firm also maintains an archive catalogue of
nearly 20,000 floor plans of Nevada homes. The following
highlights our products and services:

$170,000

5,000
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
0

$160,000
$150,000
$140,000
$130,000
$120,000
$110,000

SALESTRAQ STANDARD: A database of new residential construction in southern Nevada providing an easy-to-navigate
search feature. The product also includes access to nearly
20,000 searchable floor plans, which is ideal for listing presentations, brochures and more.

$100,000
$90,000
$80,000

Auction

REO

Short Sale

Auction

Non-Distressed

REO

Short Sale

Non-Distressed

SALESTRAQ PRO: In addition to the features of SalesTraq

Standard, the professional version includes reporting functions for residential permits, new home closing data, existing
(resale) home closings, final mapped lots and raw land sales
activity.

Key Statistics

$170,000
$160,000
$150,000

Resale Closings
$140,000

Month

$130,000
Auction

247

Sales

$120,000

Short Sales

$110,000

REO
$100,000

807

Sales

344

$90,000
Non-Distressed
$80,000

Sales

4,249
Auction

Home Closings

REO

Pricing
100,000Avg PSF
Median

6%

90,000

3,027

6%

$119,000
80,000

$85

19% 13,672

28%

70,000
$137,000

$84

8%

60,000

5,057

10%

$144,950

67% 26,911

55%

$165,000
40,000

$109

100% 48,667 100%

30,000
$155,000

$102

2,851

Total

Closings
12 Months

Short Sale

50,000

20,000
0

$350,000
$325,000
$300,000
$275,000
$250,000
$225,000
$200,000
$175,000
$150,000
$125,000
$100,000
$75,000

90,000
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000

$350,000
$325,000
$300,000

'02

'03

'04

'05
'06
'07
Resale Homes

SalesTraq

'08

'09
'10
New Homes

'11

of August Sales
were VACANT

'03
'04
'05
'06 RESALE
'07
'08HOMES
'09
'10
Median '02
Home
Prices
Resale Homes
New Homes

NEW HOMES

100,000

49%

of August Sales
were CASH

10,000

Non-Distressed

RESALE HOMES

48%

$93

FASTFACTS MONTHLY REPORT: The monthly statistical

publication on relevant housing market information trends
new and existing housing data. Information spans supply
and demand factors, including foreclosure activity and breakdowns of the type of transactions taking place.

'12

6385 S. Rainbow Blvd., Suite 105

'02

Las Vegas, NV 89118

'03

'04

'05
'06
'07
Resale Homes

T: 702.949.3333

'08

'11 HOMES
'12
NEW

'09
'10
New Homes

E: info@SalesTraq.com

'11

'12

SalesTraq.com

NEW HOME LINK: This marketing and research tool for

REALTORS assists agents and their clients in identifying
relevant new home communities and properties. This powerful
tool also allows for increased communication between buyers
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