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Las Vegas NV Area High & Mid Rise Condominium Resale & Rental Market Report May 2011

Las Vegas Area High Rise Condominiums for Rent

Las Vegas High Rise Rentals:

  • 227 Listed 6/15/2011
  • 28 Under Contract 6/15/2011
  • 74 Leased May 2011
  • 3.1 Months Inventory
  • Low Leased Price:  $800/Month (Park Avenue)
  • Median Leased Price:  $1700/Month (Newport Lofts)
  • High Leased Price:  $6000 (One Queensridge)

Las Vegas Area High Rise Condominiums for Sale

Las Vegas High Rise Resales:

  • 375 Listed 6/15/2011
  • 240 Under Contract 6/15/2011
  • 81 Closed May 2011
  • 4.6 Months Inventory
  • Low Sold Price:  $55000 (Lake Las Vegas)
  • Median Sold Price:  $185000 (Panorama)
  • High Sold Price:  $3034000 (City Center)

This Market is extremely volatile due to the boutique nature and lack of condominium financing.    Read last month's report here.

This report is compiled by using data from the GLVAR MLS. Data is gathered by the "HIGH RISE" field. Information is deemed reliable but not guaranteed.

What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?

General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?)  It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley.  They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.

View More FAQ About My Las Vegas Area Real Estate Market Reports.


Thanks,  Renée Burrows 702-580-1783 Broker/Owner, REALTOR®
 

 

copyright 2006-2013 Renee Burrows, REALTOR®, Savvy Home Realty Solutions  702-966-2494

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Comment balloon 6 commentsRenée Donohue~Home Photography • July 14 2011 02:39PM
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