Las Vegas NV Area High & Mid Rise Condominium Resale & Rental Market Report July 2011
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Las Vegas High Rise Rentals: 236 Listed 8/15/2011 24 Under Contract 8/15/2011 64 Leased July 2011 3.7 Months Inventory Low Leased Price: $850/Month (Park Avenue Condo) Median Leased Price: $1600/Month (Allure) High Leased Price: $3995 (Park Towers @ Hughes Center) Las Vegas High Rise Resales: 380 Listed 8/15/2011 192 Under Contract 8/15/2011 74 Closed July 2011 5.1 Months Inventory Low Sold Price: $45000 (Lake Las Vegas) Median Sold Price: $170000 (Panorama) High Sold Price: $1225000 (One Queensridge Place) 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...