Las Vegas, NV Area October 2009 High Rise Inventory Update

Las Vegas High Rise Rentals:

• 252 Listed 11/15/2009
• 13 Under Contract 11/15/2009
• 43 Leased October 2009 
• 5.9 Months Inventory

Las Vegas High Rise Resales:

• 673 Listed 11/15/2009
• 209 Under Contract 11/15/2009
• 65 Closed October 2009
• 10.4 Months Inventory 
  

This Market is extremely volatile due to the boutique nature and lack of financing.    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.  12/3/2009 NOTE:  The high rise portion of the RESIDENTIAL field is being phased out into the VERTICAL field currently.  Information is deemed reliable but not guaranteed.

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