Starting 2016 off with a bang, American West is Number One in new homes sales in Las Vegas, Nevada. Home Builders Research, Inc. which tracks all new home sales activity, showed that American West reported 21 sales. The only other builders to come close to this number were two national builders, William Lyon Homes who reported 13 sales and KB Homes who reported 12 sales.
According to Larry Canarelli, President of American West Homebuilding Group, American West did over $160 million in new home sales revenue over the past year. This is a 25% sales increase for the company over the prior year. The company built 451 homes in 2015 and projects to build 550 homes in 2016. American West has substantial holdings in the residential land starved Las Vegas market. Canarelli stated that the company has already completed over 17,000 homes in Las Vegas and owns land for more than 5,000 future residences in addition to 4,100 homes in Pahrump.
A study completed by Home Builders Research, Inc. shows that in 2015, there was an over 1000 new home sales increase over prior years in Las Vegas. “It’s a great time to buy,” said Canarelli “interest rates are still low and new home prices in the Las Vegas Valley keep appreciating. American West's success story and market acceptance is based on building the largest homes, having the best sales value and building the highest quality new homes in Las Vegas. Our new home designs are incomparable to other builders.”
American West is currently selling at 9 new home communities located throughout the Las Vegas Valley. New home designs range from 1,798 to 5,487 square feet. For more information on their new homes and communities, visit www.AmericanWestHomes.com
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