Subdivision Snapshot: Summerlin, Anthem, Lake Las Vegas, Tuscany, Calico Ridge
The following graphs provide a subdivision snapshot as to how many properties will be sold in a number of months, such that this gives an estimated time frame in how many months it will take for the property sell. Furthermore, the following graphs illustrate how many properties were sold in 90 days and how many are available for sale in the month of July.
The “Effective Availability in Selected Mater Planned Communities” graph displays the that it will take Summerlin about 3.1 months to sell a single property; Anthem, 3.2 months; Lake Las Vegas, 7.9 months; Tuscany, 4.8 months; and Calico Ridge, 3.3 months.
In the last 90 days over 717 properties, 501 were in Summerlin, 135 were in Anthem, 40 in Lake Las Vegas, 32 in Tuscany and nine in Calico Ridge.
In just this past month there are over 834 properties ready to become homes! Now, it is just a matter of looking at the selection of homes to choose from versus how long homes will stay on the market for.
The Information above was provided by Chicago Title, the GLVAR and SalesTraq as of July 25, 2016.