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Las Vegas NV Area High & Mid Rise Condominium Resale & Rental Market Report February 2013
Renée Burrows, Las Vegas Real Estate Broker - www.urLVhome.com (Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate)

Las Vegas Area High Rise Condominiums for Rent

Las Vegas High Rise Rentals:

  • 230 Listed 3/15/2013
  • 19 Under Contract 3/15/2013
  • 63 Leased February 2013
  • 3.6 Months Inventory
  • Low Leased Price: $1050/Month (Park Avenue)
  • Median Leased Price: $1800/Month (Turnberry Place)
  • High Leased Price: $5500 (One Queensridge)

Las Vegas Area High Rise Condominiums for Sale

Las Vegas High Rise Resales:

  • 391 Listed 3/15/2013
  • 121 Under Contract 3/15/2013
  • 64 Closed February 2013
  • 6.1 Months Inventory
  • Low Sold Price: $74000 (Lake Las Vegas)
  • Median Sold Price: $293000 (Luxe Lofts)
  • High Sold Price: $2300000 (Panorama)

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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To Buy or To Lease
Jamie Maxwell, Las Vegas Real Estate - www.702Listings.com (702-446-7812) (REALTY 360 - Las Vegas)

Buying and selling means more than finding a real estate agent to do the work that is needed.  There is also the need to make sure that you know what you want or need when you are moving with the investment.  No matter what the market, there are always different moves that you can make in order to get the right person moved in to your property. 

Leasing is one of the several ways that you can move into a real estate investment.  If you are having difficulty selling your home or property, then you can consider leasing as an option instead of selling it. If you decide to use the lease option for the property, then it means that you will become the landlord for a period of at least one year.  The tenant will have a contract that is signed for this amount of time that says to take care of the property and pay rent.  After the time period is up, the tenant will have the option of buying the property from you. 

If you are considering buying a home, this is a good first step to get into.  You will have lower payments, will be able to build your credit, and will have the option of trying out the property before you buy it.  If you are selling the property, it can also be beneficial, as it allows you to demand a higher price and move into a better market when it is time to sell.  Usually, by the time you are ready to sell, you will be able to offer a price that is ten to twenty percent higher than it would have been a year before. 

If the market isn't right, you can't sell your home, and the right options don't seem to be walking through the door, then leasing is a second option that you can consider.  By leasing the property, you will have the ability to profit on either side of the fence. www.702listings.com

  Kickback and relax! Browse around our new and improved website and get to know us. Search for your next home or investment property in our live real estate database, read one of our blogs (1,2,3 to choose from!), browse the allways updated Las Vegas Real Estate news feed, or just play with the fish. Just don't forget to feed them!

*HOT off the presses* Put in your vote for the name of the new addition to the 702Listings family fishtank!




We are here to answer your questions and ease your concerns. There are never any obligations, just free information from an expert real estate team. We are on YOUR side! Get the representation you deserve today. 702-446-7812 or email LasVegasRealEstate@702Listings.com

Las Vegas Real Estate Professionals - Member of the National Association of REALTORS®

We are a full service Las Vegas real estate brokerage office. Our team is dedicated to providing you with assistance in any aspect of real estate within the Las Vegas and Henderson areas. We also provide real time listings of homes for sale on the multiple listing service, Short Sale Help, investment properties, and relocation assistance for those relocating to or within the Las Vegas, Henderson, Boulder City and North Las Vegas areas.

 

Jamie Maxwell - REALTOR®
REALTY360 - Las Vegas
6370 W. Flamingo Rd. # 27 
Las Vegas, NV. 89103

Phone/Fax 702.446.7812

Email LasVegasRealEstate@702Listings.com

Website: http://www.702Listings.com

 

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Have You Ever Wanted To Lounge On The Rooftop While Enjoying Views Towards The City & Mountains? - $319,000.
Aaron Auxier - "Hollywood's Connection to Vegas"® (Realty ONE Group)


$319,000.00 - Have You Ever Wanted To Lounge On The Rooftop While Enjoying VIews Towards The City & Mountains?
Main Photo
Location: C2 Lofts
This is a highly upgraded designer luxury loft. It features brand new top of the line stainless steel appliances, granite counter tops, upgraded bathrooms, large private balcony, two underground parking spaces, access to the rooftop lounge/barbecue area and views towards the city and the red rock mountains.

Disclaimer: All information in this post is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive. Photos and/or renderings may be of model homes; not of the exact property advertised. Photos and/or renderings may not be final. Views may be different than shown and are not guaranteed.

Listing provided courtesy of William Go of Prudential Americana Group.
Contact Information
Logo
 
My Pic Association Logo
Aaron Auxier, REALTOR®, ABR
702-205-1818
Pricing
Price: $319,000.00
Property Location
11441 Allerton Park Dr
#206
Las Vegas, NV 89135
Features
Bedrooms: 2 Bathrooms: 3
Year Built: 2007 Square Footage: 2258
Agent Name: William Go Broker: Prudential Americana Group
MLS #: 1075442
Attributes
Appliances
Range/Oven
Full Refrigerator
Dishwasher
Sink Disposal
Microwave
Stainless Steel Appliances
Interior Amenities
Hardwood Floors
Security System
Breakfast bar
Granite Countertops
Walk-In Closets
Large Private Balcony
2 Underground Parking Spaces
Building Amenities
Swimming Pool
Rooftop lounge
Rooftop barbeque
Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 3651229


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Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 3651229
All information in this site is deemed reliable but is not guaranteed and is subject to change


 

 - A mind inspired by Steve Jobs, Howard Hughes, & Walt Disney -

 

Aaron Auxier - Celebrity Real Estate Agent
"Hollywood's Connection to Vegas"®
President - Aaron Auxier Group
The Easiest Way to Legendary Living in Las Vegas

 

"Aaron Auxier loves Las Vegas." - Mayor Oscar Goodman

 

Aaron Auxier has been featured in/on NBC News, Entertainment Tonight, Wall Street Journal, ABC News, Real TV, New York Times, VEGAS Magazine, National Geographic, Wealth TV, FOX News, CNBC, The Insider, Travel Channel, Los Angeles Times, 944, Forbes, CBS News, & Fortune Magazine.

 

Direct Cell - 702-205-1818

Realty ONE Group, Inc.

 

Read, Watch, and Interact. With Social Media, the power is now in The People's hands. Join Aaron Auxier’s harmonized revolution of Las Vegas on Twitter, Google+, Facebook, YouTube, and LinkedIn. (The below Flickr account has been deleted and the icon now links to Aaron Auxier's Google+ account - the icon will be updated in the future).

 

Twitter - Follow Aaron Auxier  Google+ - Join Aaron's Inner Circle   Facebook – Facebook - Become Aaron's Friend   YouTube - Watch Aaron's Channel Sin City 90210  LinkedIn - Network with Aaron Auxier     

 

Copyright Aaron Auxier Group. All Rights Reserved.

Disclaimer: All information in this post is subject to change without notice. Subject matter: is an opinion, is not guaranteed, is time sensitive, and based on information collected from several sources which may not be reliable at the time of sourcing.

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Las Vegas Area Real Estate Market Seller Concession Stand September 2009
Renée Burrows, Las Vegas Real Estate Broker - www.urLVhome.com (Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate)

Las Vegas NV Area Real Estate

Here is what buyers received in seller paid concessions on September 2009 Las Vegas Area (Henderson - N Las Vegas - Las Vegas) Closes:

  • Less than $500:  65% ($500 only buys you a home warranty or (no and) an appraisal
  • Between $501-4000:  17%
  • Over $4001:  17%

This pretty much means that sellers aren't giving up much of anything since Las Vegas is a Seller's Market and in dire need of sellable inventory!

Last Month's Concession Stand


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

 

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

Blog Disclaimer Important Notice

Realtor/MLS Member, NAR, NVAR, GLVARAccredited Buyer's RepresentativeSeller Representative SpecialistSenior Real Estate SpecialistAt Home with DiversityResort & Second Home Property SpecialistShort Sale Foreclosure Resource

 

 

 

Sell Las Vegas Home          Las Vegas Homes for Sale     Las Vegas Rental House

              

 

 

 

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Las Vegas, NV November 2008 High Rise Inventory Update: OUCH!
Renée Burrows, Las Vegas Real Estate Broker - www.urLVhome.com (Savvy Home Strategies Realty, LLC-REALTOR®-Estate-Probate)

Las Vegas High Rise Condos For Rent

We have seen the Las Vegas, NV high rise real estate market as a challenged market with an abundance of resale inventory.  For several reasons:

  • Too many speculators in that market.  They want to close n flip.  They are not interested in holding, renting or living in them.  Each time a building closes, we see an increase of inventory.Trump High Rise Tower Las Vegas, NV
  • Mortgage market madness has reduced the amount of loan products available to jumbo, second, vacation or investor type property owners. The ones who have very little money down and marginal credit, that is.  So the buyer pool for both resales and new went kaput.  Loud and hard too.

Here are the high rise stats:

Rentals:

  • 432 Listed 12/29/2008
  • 10 Under Contract 12/29/2008
  • 33 Leased November 2008
  • 9.8 Months Inventory

Resales:

  • 706 Listed 12/29/2008
  • 25 Under Contract 12/29/2008
  • 8 Closed November 2008 
  • 88.5 Months Inventory (=7.4 years)

Rental inventory has increased from the last report.  Resale inventory absorption rate has gone up by 1 year in one month.  THis is how volatile this market is.    Read last month's report here.

This report is compiled by using data from the GLVAR MLS. Data is gathered by the "VERTICAL" field and the "RESIDENTIAL" field using "CON" as subtype and  "HIGHRIS,LOFTLIV,PENTHSE" equals any for building description.  Information is deemed reliable but not guaranteed.

Read the most current market report for the Las Vegas High Rise Sector right here.

If you are thinking about buying or renting a high rise condominimum in the Las Vegas area, please call 702-966-2494.  Press 1 if you are a buyer or press 2 if you are a renter.  For financing options press option 3.  For selling or leasing/property management press option 0.  We will not list condos that have not yet closed with the builder or are not interested in contract reassignments.  Para español presione el cuatro.

Las Vegas High Rise Condos For Sale


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

 

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

Blog Disclaimer Important Notice

Realtor/MLS Member, NAR, NVAR, GLVARAccredited Buyer's RepresentativeSeller Representative SpecialistSenior Real Estate SpecialistAt Home with DiversityResort & Second Home Property SpecialistShort Sale Foreclosure Resource

 

 

 

Sell Las Vegas Home          Las Vegas Homes for Sale     Las Vegas Rental House

              

 

 

 

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C2 Lofts Report Robust Sales
Darren Hildreth, Realtor - Las Vegas Real Estate Agent (Specialists Real Estate)

Las Vegas community C2 Lofts recently opened its new design center and models. Reportedly, there is considerable interest in the loft style properties. The units are professionally decorated and comprise the live, work, play concept.

"Pre-grand-opening sales activity at C2 Lofts was already impressive, but our official grand opening took us right over the top," Crook said. "People are really responding to these spacious, flexible and meticulously detailed models, as well as the prime Summerlin location. These are the first true lofts to be introduced in Las Vegas and the response from the public, as well as the real estate community, has been outstanding."
The Las Vegas properties are priced in the mid-$300,000s to more than $1 million, more than a dozen one-, two- and three-story designs are available, ranging from 900 to 3,300 square feet.
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C2 Lofts in Summerlin
Jacqulyn Richey, Las Vegas Real Estate (Prominent Realty Group)

Christropher was the first loft builder in the Summerlin master planned community. C2 Lofts is a mid-rise project (five stories) of two buildings, each housing 50 lofts. Construction is well under way and should be completed soon. Potential residents will have a choice of eight floorplans, ranging in size from approximately 1,400 to over 2,800 square feet of luxury. Each C2 loft has two garage spaces, a covered balcony, alarm system with motion detectors and a storage unit.  Other amenities include a rooftop garden (both buildings), firepit, heated spa, wet bar, fireplace, barbecues, seating areas and much more.

Due to the tremendous success of C2, another C2 project is planned tenatively titled "Upper West Side." New C2 lofts are still available. To reserve your C2 loft, call 702-493-8033. To view C2 floor plans online or get more information about Las Vegas lofts, visit our website at www.lvrealty.net. -cr

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Verge lofts in downtown Vegas

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