Category: Trump Towers

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Las Vegas High-Rise Condo Market Report | MyLvCondos.com

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.

Panorama Towers Loft 2-105

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Trump Towers Las Vegas Condo Second Quarter Market Report For 2012

Trump Towers Las Vegas Condo Second Quarter Market Report For 2012

Trump Towers Las Vegas sold 17 residence in the second quarter with an average selling price of $261,838  with an average price per foot of $397. Trump Towers Las Vegas condos were on the market for an average of 46 days and there are currently 24 condos on the market with $185,000 being the lowest priced condo currently available.

For current condos for sale or lease, visit our Trump Towers Las Vegas  and Market Report pages for data on the majority of the Las Vegas High Rise Condos.

 
Anthony Phillips
http://www.mylvcondosales.com/
www.facebook.com/LasVegasCondos

Realtor Marketing Services http://www.luxuryrealestatepartners.com/

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Trump Towers Las Vegas Condo First Quarter Market Report For 2012

Trump Towers Las Vegas Condo First Quarter Market Report For 2012

Trump Towers Las Vegas sold 9 residence in the first quarter with an average selling price of $245,167  with an average price per foot of $332.

Trump Towers Las Vegas condos were on the market for an average of 282 days and there are currently 13 condos on the market with $209,900 being the lowest priced condo currently available.

For current condos for sale or lease, visit our Trump Towers Las Vegas and Market Report pages for data on the majority of the Las Vegas High Rise Condos.

 
Anthony Phillips
http://www.mylvcondosales.com/
www.facebook.com/LasVegasCondos

Realtor Marketing Services http://www.luxuryrealestatepartners.com/

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Trump Towers Las Vegas Condo Market Report For February 2012

Trump Towers Las Vegas Condo Market Report For February 2012

Trump Towers Las Vegas sold 1 residence in February with an average selling price of $295,000  with an average price per foot of $324.

Trump Towers Las Vegas condos were on the market for an average of 18 days and there are currently 16 condos on the market with $189,900 being the lowest priced condo currently available.

For current condos for sale or lease, visit our Trump Towers Las Vegas and Market Report pages for data on the majority of the Las Vegas High Rise Condos.

Anthony Phillips

http://www.mylvcondosales.com/
www.facebook.com/LasVegasCondos

Realtor Marketing Services http://www.luxuryrealestatepartners.com/

ABOUT TRUMP INTERNATIONAL HOTEL, LAS VEGAS

Bringing the gold standard of style and elegance to Las Vegas, the Trump International Hotel Las Vegas is located just off the Las Vegas Boulevard, adjacent to Fashion Show Mall.

Towering 64 stories and sheathed in gold glass, Trump Las Vegas is an iconic hotel landmark, offering spectacular panoramic views of the Strip and mountains beyond, and an indulgent lifestyle within.

As you would expect, all the high-end comforts that are synonymous with the world-renowned Trump brand define this non-gaming property, from the dazzling array of amenities to the luxuriously-appointed Trump Las Vegas condos available for ownership. These glamorous living spaces include studio and one-bedroom suites, as well as deluxe one-, two- and three-bedroom penthouse suites on the upper floors. Floorplans range from 550 to 3,000 square feet.

Absentee condo owners may elect to have their units placed in rental through the Trump Las Vegas hotel or an independent agency.

The Trump Las Vegas interiors offer sumptuous features and luxury appointments that include European-style kitchens with Wolf, Bosch, and Sub-Zero appliances, owner lock-out closets, plasma televisions, expansive floor to ceiling windows, generously proportioned bathrooms with custom-designed vanities, twin sinks and marble countertops, and master baths include a spa tub. Entryways and bathrooms also feature Breccia Oniciata Italian marble floors.

Trump towers Las Vegas condos for sale come with an exquisite day spa, fitness center, salon, acclaimed restaurants DJT and H2Eau, an outdoor heated pool and sundeck, full-service business center, white gloved doorman and valet parking. The experience at Trump International Hotel Las Vegas is a level of excellence that is undeniably Trump.

There may not be a more opportune time to live the Trump lifestyle. Trump Las Vegas real estate opportunities abound, with pricing reductions of 50% or more off select new and resale units.

Our team of Las Vegas real estate specialists is ready to provide you with our unique market insights and personalized service to help you feel completely confident about your next real estate transaction. Please contact us today.702.482.8885 or email us at Anthony@mylvcondosales.com

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Trump Towers Las Vegas Condo Market Report For December 2011

Trump Towers Las Vegas Condo Market Report For December 2011

Trump Towers Las Vegas sold 1 residence in December with an average selling price of $252,500  with an average price per foot of $473. Trump Towers Las Vegas condos were on the market for an average of 1 days and there are currently 34 condos on the market with $199,900 being the lowest priced condo currently available.

 
For current condos for sale or lease, visit our Trump Towers Las Vegas and Market Report pages for data on the majority of the Las Vegas High Rise Condos.

Anthony Phillips
http://www.mylvcondosales.com/
www.facebook.com/LasVegasCondos

Realtor Marketing Services http://www.luxuryrealestatepartners.com/

ABOUT TRUMP INTERNATIONAL HOTEL, LAS VEGAS

Bringing the gold standard of style and elegance to Las Vegas, the Trump International Hotel Las Vegas is located just off the Las Vegas Boulevard, adjacent to Fashion Show Mall.

Towering 64 stories and sheathed in gold glass, Trump Las Vegas is an iconic hotel landmark, offering spectacular panoramic views of the Strip and mountains beyond, and an indulgent lifestyle within.

As you would expect, all the high-end comforts that are synonymous with the world-renowned Trump brand define this non-gaming property, from the dazzling array of amenities to the luxuriously-appointed Trump Las Vegas condos available for ownership. These glamorous living spaces include studio and one-bedroom suites, as well as deluxe one-, two- and three-bedroom penthouse suites on the upper floors. Floorplans range from 550 to 3,000 square feet.

Absentee condo owners may elect to have their units placed in rental through the Trump Las Vegas hotel or an independent agency.

The Trump Las Vegas interiors offer sumptuous features and luxury appointments that include European-style kitchens with Wolf, Bosch, and Sub-Zero appliances, owner lock-out closets, plasma televisions, expansive floor to ceiling windows, generously proportioned bathrooms with custom-designed vanities, twin sinks and marble countertops, and master baths include a spa tub. Entryways and bathrooms also feature Breccia Oniciata Italian marble floors.

Trump towers Las Vegas condos for sale come with an exquisite day spa, fitness center, salon, acclaimed restaurants DJT and H2Eau, an outdoor heated pool and sundeck, full-service business center, white gloved doorman and valet parking. The experience at Trump International Hotel Las Vegas is a level of excellence that is undeniably Trump.

There may not be a more opportune time to live the Trump lifestyle. Trump Las Vegas real estate opportunities abound, with pricing reductions of 50% or more off select new and resale units.

 Our team of Las Vegas real estate specialists is ready to provide you with our unique market insights and personalized service to help you feel completely confident about your next real estate transaction. Please contact us today.702.482.8885 or email us at Anthony@mylvcondosales.com