Las Vegas NV Area High & Mid Rise Condominium Resale & Rental Market Report December 2011

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Services for Real Estate Pros with Savvy Home Pix B.1000860.LLC

Las Vegas Area High Rise Condominiums for Rent

Las Vegas High Rise Rentals:

  • 260 Listed 1/15/2012
  • 29 Under Contract 1/15/2012
  • 51 Leased December 2011
  • 5.1 Months Inventory
  • Low Leased Price: $800/Month (Wimbledon)
  • Median Leased Price: $1600/Month (Veer)
  • High Leased Price: $6000 (City Center)

Las Vegas Area High Rise Condominiums for Sale

Las Vegas High Rise Resales:

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.

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

 

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Groups:
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City and State
Las Vegas Foreclosures - Homes, High-Rises-Condos
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Rainmaker
2,051,258
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Rene,

About 5 months of inventory available in both the rental and high rise sale markets actually looks very good to me. I hope this trend continues for the rest of the year with inventory levels continuing to fall.

Feb 14, 2012 06:22 AM #1
Ambassador
1,611,229
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Division Specialist

Renee,

Now you want to go there with RENTALS.  This market report I can blow your mind with.

We have waiting lists for rentals.  Our rental market is insane currently.

Feb 14, 2012 06:52 AM #2
Rainmaker
1,339,352
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Renee - Another fabulous market report for Las Vegas NV area hig and mid rise condos.

Feb 14, 2012 11:30 AM #3
Rainmaker
1,940,274
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Just wanted to drop by and wish you the best Valentines day you could possibly have.

Feb 14, 2012 11:52 AM #4
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Rich Cederberg
eXp Realty - Albuquerque, NM
eXp Realty Agent Albuquerque

ANother great report Rene.  Your graphics always make your posts so interesting to read.

Feb 14, 2012 12:07 PM #5
Rainmaker
546,153
Bob Jakowinicz
National Realty Centers Livonia--Bob Jakowinicz - Livonia, MI
Michigan Real Estate Agent-- MI RE Adventures

Interesting that both market times seem to be about the same.  Rental properties in our area don't last all that long with the flood gates of applications coming in.  I don't do many rentals but the few I do move in days more than weeks or months. 

Feb 15, 2012 04:13 AM #6
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Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Thank you all for the comments :)

Mar 17, 2012 03:36 AM #7
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