What Happened to the $55,000 Condo in Las Vegas?

Real Estate Broker/Owner with Luxury Realty Group NV B.050917

I think many buyers were alseep when the bottom of the Las Vegas high rise market occurred in late 2009.  Yes, in 2009 you could find condos selling for $55,000.  Also at that time $220,000 could buy a luxury high rise condo at Turnberry Place which at the peak of the market in Las Vegas was selling for $1 million.  How do I know this?  Cause my client did just that.

So in March 2014, how does the Las Vegas High Rise condo market look now?  You will be quite surprised to see the statistics for residential near Strip high rise condos and hotel-condos in this video.


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Bruce Hiatt

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