Southern Nevada’s land market saw 54 sales in the third quarter of 2017. A total of 904 acres were sold with sales volume of $90.7 million and an average price per square foot of $2.30. Sales volume was done on a quarter-over-quarter basis, despite more acres being sold in the third quarter than the second quarter. The jump in acres sold was due to the sale of a large industrial parcel, which was also the cause of the average price per square foot falling from $11.10 in the second quarter of 2017. Compared to one year ago, sales, acres sold and sales volume were all up, and price per square foot was down.