Las Vegas High Rise Sales for 2009

Here is a report on the Las Vegas high rises that have sold in 2009. For more high rise information please contact Felipe Crook at 1-866-589-1646

The Las Vegas high rise market has been hurt by the growing number of units available. As of February 4th, 2009 there are over 700 units available. There are units in every price range, from high $100,000's to over $12,000,000 for a stunning penthouse. Many of the available properties are condo/hotel units which have been difficult to sell because of restricted financing options for these types of investments. As of February 4th, 2009 there were a total of 14 closed transactions in our high rise market. Click here to see the most recent high rise units sold in Las Vegas. At this rate, we have a supply of 53 months which means if you are trying to sell, make sure you price your property very aggressively in order to attract buyers. It's interesting to note the price per sq/ft of these units vary wildly. The highest price per sq ft of a sold unit went for $548 sq /ft in the MGM signature, a condo hotel. The cheapest price went to Soho Lofts at $151 sq/ft!! It is physically and economically impossible to build a high rise unit for this price. If you would like to search for your own high rise, please click the icon below and start house hunting for free. All information is up to date and ready to view.

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