Visit our website at www.luxrealestateadvisors.com
Turnberry Towers FULLY FURNISHED 1bd/1.5ba residence #403
Turnberry Towers Las Vegas’ high-end amenities are situated on 12+ acres of lush grounds and include resort style pools with multiple waterfalls, tennis courts, putting green, dog park and 24hr guard gated security.
Contact us today for a tour Anthony@mylvcondosales.com
For more information, please visit
http://www.mylvcondosales.com/las-vegas-condos-for-rent/featured-rentals/
Sky Las Vegas with Strip Views
Sky Las Vegas condos feature luxurious finishes and amazing views. Amenities include valet parking, fitness center, business center, spa, billiard room, concierge services and over an acre of green space including a pool and gardens.
For more information, visit http://www.mylvcondosales.com/las-vegas-condos-for-rent/featured-rentals/
Contact us today for a tour Anthony@mylvcondosales.com
Southern Nevada home prices increased in March and are now 30 percent higher than one year ago.Strong demand and a tight housing supply are fueling the price increases, according to a report released Tuesday by the Greater Las Vegas Association of Realtors. The median price of single-family homes sold last month was $161,000 — a 7.3 percent increase from February.The median price of single-family homes sold in March 2012 was $123,000.The median price of condominiums and townhomes sold in March, however, was $80,150, a 2.3 decrease compared with February.
via Las Vegas home prices 30 percent higher than year ago – VEGAS INC.
Veer Towers Furnished 3bd with Bellagio Lake Views #2701
This gorgeous three bedroom residence is being offered for lease fully furnished (turnkey) and features custom high end furniture, floor to ceiling windows throughout, and spectacular Strip views including a direct view of Bellagio Lake!
Veer Towers at City Center residents enjoy stunning, unobstructed views of the Las Vegas Strip with interior features of stainless steel appliances, European style cabinets and stone flooring. Veer Towers condo amenities include a 37th floor rooftop pool, residents lounge and gym. Live just steps from the world famous Aria Hotel/Casino.
Contact us today for a tour Anthony@mylvcondosales.com
Las Vegas is trying to beat its reputation as a shut-in.
MGM Resorts International announced Thursday that it will sink $100 million into building a park and public promenade outside of its New York-New York and Monte Carlo casinos.
The project runs counter to casinos’ long-held strategy of trying to keep people inside, losing track of time as they buy more chips and flit from one pricey attraction to the next.
“It’s what customers were really excited about in the ’80s and ’90s- the convenience of being in a single environment when you could sample so many different kinds of entertainment,” MGM CEO Jim Murren said in a telephone interview. “Tomorrow’s consumer doesn’t want that limitation. They are far more spontaneous.”
via Las Vegas Strip to get New York-style public park – Las Vegas Sun News.
CARSON CITY — Casino gaming revenue was up 15.1 percent in February compared to the same month last year, while the Las Vegas Strip posted a record win of $956.4 million, up 31.1 percent.
“It was the highest win ever on the Strip,” said Michael Lawton, senior research analyst for the board. The board attributed the Strip record to this year’s Chinese New Year celebration, which attracted many big-money gamblers.
Statewide, casinos reported revenue of $1 billion in February, according to the Nevada Gaming Control Board. Since July, the start of the fiscal year, casino revenue statewide is up 2.2 percent, and taxes collected by the state were up 2.9 percent to $495.7 million.
2013 Q1 Las Vegas High-Rise Condo Market Report | MyLvCondoSales.com
The Las Vegas high-rise condo market continues to see significant improvements for the second year in a row. If we compare yearly average sale price per square foot from the 1st Quarter 2012 ($213) to 1st Quarter 2013 ($299) we see in increase of avg price/sf of 29%.
Here is a brief summary of significant events:
Both Mandarin Oriental Residences and Veer Towers have sold more residences in the quarter then they had in the previous 2 years combined. The investment group which purchased the remaining residences at Veer has put some residences back on the market at very attractive price points. They currently have a 3rd floor 2bd residence for $458,000, contact us for details.
Trump Tower is the new hot property in the condo-hotel segment due to its quality and the announcement of Genting’s new $5 billion project being built next door. See link for details:
http://www.vegasinc.com/news/2013/mar/05/new-genting-mega-resort-expected-be-big-boost-stri/
Along with the Genting group’s project, the SLS is going into the old Sahara site and the LVCA just approved at $2.5 billion overhaul of its facilities. Our team is already working with the SLS team for housing their executives at Turnberry Towers. These projects will especially benefit the north strip properties of Turnberry Towers, Sky Las Vegas, Allure Las Vegas and Trump.
Turnberry Towers has 1bd residences with views of the new SLS starting at $220,000 with tenants in place paying $1500’s per month- Contact us for details.
http://slshotels.com/lasvegas/
http://www.vegasinc.com/news/2013/feb/26/lvcva-approves-first-phase-25-billion-convention-c/
We have added an investment page on our website which shows both sales/leasing data for the majority of the high-rise projects, please visit http://www.mylvcondosales.com/investments/
Las Vegas Condo Stats
Number of Properties Sold – 179
Avg Sale Price – $449,253
Avg Sale Price/SqFt- $299
Avg Days on Market – 76
Current Inventory on MLS – 371
Allure Las Vegas
Number of Properties Sold – 7
Avg Sale Price – $313,714
Avg Sale Price/SqFt- $209
Avg Days on Market – 149
Current Inventory on MLS – 22
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/allure-las-vegas/
Mandarin Oriental
Number of Properties Sold – 6 (some developer sales are not reflected in this data)
Avg Sale Price – $1,407,323
Avg Sale Price/SqFt- – $693
Avg Days on Market – 21
Current Inventory on MLS – 17
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/mandarin-las-vegas/
MGM Signature
Number of Properties Sold – 20
Avg Sale Price – $208,625
Avg Sale Price/SqFt- – $336
Avg Days on Market – 81
Current Inventory on MLS – 50
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/mgm-signature-las-vegas/
Newport Lofts
Number of Properties Sold – 1
Avg Sale Price – $410,000
Avg Sale Price/SqFt- $150
Avg Days on Market – 10
Current Inventory on MLS – 4
For current inventory, please visit:
http://www.mylvcondosales.com/downtown-vegas-condos/newport-lofts-las-vegas/
Palms Place
Number of Properties Sold – 10
Avg Sale Price – $188,500
Avg Sale Price/SqFt- $257
Avg Days on Market -50
Current Inventory on MLS – 21
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/palms-place-las-vegas/
Panorama Towers
Number of Properties Sold – 10
Avg Sale Price – $399,550
Avg Sale Price/SqFt- $243
Avg Days on Market – 53
Current Inventory on MLS – 20
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/panorama-towers-las-vegas/
The Martin
Number of Properties Sold – 26
Avg Sale Price – $414,019
Avg Sale Price/SqFt- $311
Avg Days on Market – 30
Current Inventory on MLS – 18
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/martin-condos/
One Queensridge Place
Number of Properties Sold – 15
Avg Sale Price – $1,187,533
Avg Sale Price/SqFt- $368
Avg Days on Market – 55
Current Inventory on MLS -20
For current inventory, please visit:
http://www.mylvcondosales.com/summerlin-condos/one-queensridge-place/
Sky Las Vegas
Number of Properties Sold- 21
Avg Sale Price – $256,984
Avg Sale Price/SqFt- $215
Avg Days on Market – 97
Current Inventory on MLS – 9
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/sky-las-vegas-condos/
Turnberry Place
Number of Properties Sold – 13
Avg Sale Price – $583,462
Avg Sale Price/SqFt- $215
Avg Days on Market – 73
Current Inventory on MLS – 27
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/turnberry-place-las-vegas/
Turnberry Towers
Number of Properties Sold – 8
Avg Sale Price – $315,081
Avg Sale Price/SqFt- $260
Avg Days on Market – 56
Current Inventory on MLS -17
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/turnberry-towers-las-vegas/
Trump Towers (some developer sales are not reflected in this data)
Number of Properties Sold – 16
Avg Sale Price – $380,538
Avg Sale Price/SqFt- $494
Avg Days on Market – 59
Current Inventory on MLS- 31
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/trump-towers-las-vegas/
Veer CityCenter (some developer sales are not reflected in this data)
Number of Properties Sold- 3
Avg Sale Price- $386,667
Avg Sale Price/SqFt- $460
Avg Days on Market- 158
Current Inventory on MLS- 23
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/veer-citycenter-las-vegas/
If our team can help you buy, sell, lease or manage a Las Vegas high-rise condo, please give us a call/email.
Thanks,
Anthony J. Phillips
Owner/Realtor
Luxury Real Estate Management
3960 Howard Hughes Parkway Suite 500, Las Vegas, NV 89169
P: 702.482.8885 | F: 702-302-4486
MyLvCondoSales.com | MyLvHomeSales.com
HighRise Blog MyLvCondos.com
Property Management LvLuxPm.com
Data provided by the MLS and is deemed reliable but not guaranteed.
Southern Nevada home prices increased in March and are now 30 percent higher than one year ago.
Strong demand and a tight housing supply are fueling the price increases, according to a report released Tuesday by the Greater Las Vegas Association of Realtors. The median price of single-family homes sold last month was $161,000 — a 7.3 percent increase from February.
The median price of single-family homes sold in March 2012 was $123,000.
The median price of condominiums and townhomes sold in March, however, was $80,150, a 2.3 decrease compared with February.
More than 55 percent of all homes sold in March were traditional sales, meaning with the homeowner as the seller rather than a bank.
“That tells me we’re getting back to a more normal housing market,” Dave Tina, the 2013 president of the GLVAR, said in a statement.
There were 3,642 existing local homes, condominiums and townhomes sold in March, which is 12 percent more than in February. But that’s down from March 2012 when there were 4,388 total sales.
via Las Vegas home prices 30 percent higher than year ago – VEGAS INC.
New Reduced Pricing at the Residences at Mandarin Oriental Las Vegas
Mandarin Luxury Residences
Mandarin Residence 3901, $680,000 @ 1,084 sq. ft.
Mandarin Residence 3802, $654,000 @ 1,090 sq. ft.
Mandarin Residence 3910, $663,000 @ 1,105 sq. ft.
Mandarin Residence 3907, $1,029,000 @ 1,583 sq. ft.
Mandarin Residence 3303, $1,074,000 @ 1,652 sq. ft.
Mandarin Residence 3403, $1,074,000 @ 1,652 sq. ft.
Mandarin Residence 3803, $1,074,000 @ 1,652 sq. ft.
Mandarin Residence 3509, $1,361,000 @ 2,094 sq. ft.
Mandarin Residence 3709, $1,361,000 @ 2,094 sq. ft.
Mandarin Residence 3604, $1,667,000 @ 2,563 sq. ft.
Mandarin Residence 3804, $1,801,000 @ 2,563 sq. ft.
Mandarin Residence 4008, $1,892,000 @ 2,910 sq. ft.
Mandarin Residence 3605, $2,249,000 @ 2,998 sq. ft.
Mandarin Penthouse Collection
Mandarin Penthouse Residence #4103, $3,184,000 @ 3,980 sq. ft.
Mandarin Penthouse Residence #4306, $3,138,000 @ 3,922 sq. ft.
Contact us today to schedule a tour.
Anthony J. Phillips
Owner/Realtor
Luxury Real Estate Management
3960 Howard Hughes Parkway Suite 500, Las Vegas, NV 89169
P: 702.482.8885 | F: 702-302-4486
MyLvCondoSales.com | MyLvHomeSales.com
HighRise Blog MyLvCondos.com
Property Management LvLuxPm.com
In the go-go 1990s, when it seemed like announcements about new casino megaresorts were annual occurrences, the prevailing wisdom was “the more the merrier” and “a rising tide raises all boats.”
But that philosophy came into question in the late 2000s as Las Vegas and the rest of the country weathered the worst economic downturn in recent history. Local tourism numbers fell, hotel rooms sat empty, resort profits plummeted and proposed projects were abandoned.
Monday’s announcement of the first new megaresort in years signaled a potential sea change. The Genting Group, a Malaysian multinational company, announced that it will spend between $2 billion and $7 billion to build a 3,500-room Asian-themed resort on the Strip on land Boyd Gaming had planned for its Echelon project.
via New Genting megaresort expected to be big boost for the Strip – VEGAS INC.
Las Vegas Condos For Sale 
You must be logged in to post a comment.