Las Vegas NV Area High & Mid Rise Condominium Resale & Rental Market Report October 2011
By Renée Donohue~Home Photography, Western Michigan Real Estate Photographer
(Savvy Home Pix)
Las Vegas High Rise Rentals: 239 Listed 11/15/2011 27 Under Contract 11/15/2011 73 Leased October 2011 3.3 Months Inventory Low Leased Price: $850/Month (Park Avenue) Median Leased Price: $1750/Month (The Martin) High Leased Price: $5000 (City Center) Las Vegas High Rise Resales: 420 Listed 11/15/2011 173 Under Contract 11/15/2011 59 Closed October 2011 7.1 Months Inventory Low Sold Price: $48000 (Wimbledon Tennis Club) Median Sold Price: $175000 (Allure) High Sold Price: $1000000 (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 Ar...
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