Visit our website at www.luxrealestateadvisors.com
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
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.
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.
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Mandarin Residence 3604, $1,667,000 @ 2,563 sq. ft.
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Mandarin Residence 3804, $1,801,000 @ 2,563 sq. ft.
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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.
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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:Â 702.482.8885Â | F:Â 702-302-4486
MyLvCondoSales.com | MyLvHomeSales.com
HighRise Blog MyLvCondos.com
Property Management LvLuxPm.com
2012 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 prices in 2010 ($231,100), 2011 ($270,721) and 2012 ($313,048) we see in increase of avg sale price by 27%.
Our team at Award Realty continues to be the #1 office in regards to sales and leasing in the high-rise segment and hold the records for the highest resale price/sf at Vdara and Veer.  In addition, my team also holds the record for highest leasing price/sf in the city for 2012. (Mandarin 2bd at $6500/month).
Here is a brief summary of significant events:
CityCenter Residential sold the remaining residences at Veer towers which totaled 427 condos for roughly $120 million. The new investment group plans on putting 100 of these residences back on the resale market at reduced prices and many are tenant occupied and can provide immediate cash flow. For more information on Veer, please email us.
ST Residential, owners of Juhl, Ogden, Loft 5 and One Las Vegas will be putting these (entire) buildings up for sale in the next 30 days so I anticipate the new ownership groups will start adding inventory to the resale market. Currently, ST has only offered leasing at these buildings but we think there is significant sale demand especially at Juhl and Ogden which are located Downtown.
Turnberry Place continues to see significant challenges due to the Stirling Club being closed and the Fountainblue casino project next door being stalled. The price/sf at Turnberry Place is attractive and there could be upside potential at this project if Stirling opens or if any of the north strip casino projects get completed.
Trump Tower sold 300 residences to the Hilton chain and is outperforming the other condo hotels from a price/sf basis.
The Martin sold 89 residences in 2012 which was the highest of any condo project other than MGM Signature. The Martin continues to be a popular property due to its low homeowner’s association dues, high rental demand, and its close proximity to CityCenter.
Panorama Towers resolved its construction defect litigation and put a significant amount of cash back into the property by improving the valet and common areas. The resolution of litigation should open the building back up for financing so I anticipate Panorama will have a good year in 2013.
Las Vegas Condo Stats
Number of Properties Sold – Â 708
Avg Sale Price  – $305,174
Avg Sale Price/SqFt- Â Â $261
Avg Days on Market  – 83
Current Inventory on MLS Â – 361
We have a breakdown of specific buildings including average rental rates on our new investment page, please visit:
http://www.mylvcondosales.com/investments/
Allure Las Vegas
Number of Properties Sold – 53
Avg Sale Price  –  $206,524
Avg Sale Price/SqFt- Â $175
Avg Days on Market  – 74
Current Inventory on MLS –Â 20
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/allure-las-vegas/
Mandarin Oriental
Number of Properties Sold    – 4
Avg Sale Price  – $1,837,250
Avg Sale Price/SqFt- Â –Â $815
Avg Days on Market  – 130
Current Inventory on MLS –Â 18
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/mandarin-las-vegas/
MGM Signature
Number of Properties Sold  – 161
Avg Sale Price – Â $193,552
Avg Sale Price/SqFt- Â – Â $295
Avg Days on Market  – 106
Current Inventory on MLS –Â 18
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/mgm-signature-las-vegas/
Newport Lofts
Number of Properties Sold – 7
Avg Sale Price – $143,914
Avg Sale Price/SqFt- Â $101
Avg Days on Market –Â 101
Current Inventory on MLS Â –Â 7
For current inventory, please visit:
http://www.mylvcondosales.com/downtown-vegas-condos/newport-lofts-las-vegas/
Palms Place
Number of Properties Sold – 52
Avg Sale Price –Â $181,859
Avg Sale Price/SqFt- Â $253
Avg Days on Market – 112
Current Inventory on MLS – 18
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/palms-place-las-vegas/
Panorama Towers
Number of Properties Sold – 53
Avg Sale Price –Â $269,833
Avg Sale Price/SqFt- Â $194
Avg Days on Market – Â 73
Current Inventory on MLS –Â 29
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/panorama-towers-las-vegas/
The Martin
Number of Properties Sold  – 89
Avg Sale Price  –  $348,470
Avg Sale Price/SqFt- Â Â $282
Avg Days on Market – 19
Current Inventory on MLS Â –Â 24
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/martin-condos/
One Queensridge Place
Number of Properties Sold – 13
Avg Sale Price  –  $1,119,307
Avg Sale Price/SqFt- Â Â $330
Avg Days on Market – 219
Current Inventory on MLS -18
For current inventory, please visit:
http://www.mylvcondosales.com/summerlin-condos/one-queensridge-place/
Sky Las Vegas
Number of Properties Sold- Â 57
Avg Sale Price – Â $216,460
Avg Sale Price/SqFt- Â Â $181
Avg Days on Market – Â 80
Current Inventory on MLS – 18
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/sky-las-vegas-condos/
Turnberry Place
Number of Properties Sold – 53
Avg Sale Price – $424,542
Avg Sale Price/SqFt- Â $184
Avg Days on Market  – 114
Current Inventory on MLS – 25
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/turnberry-place-las-vegas/
Turnberry Towers
Number of Properties Sold – 34
Avg Sale Price  – $332,141
Avg Sale Price/SqFt- Â Â $262
Avg Days on Market – 66
Current Inventory on MLS -19
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/turnberry-towers-las-vegas/
Trump Towers
Number of Properties Sold – 65
Avg Sale Price – $267,276
Avg Sale Price/SqFt- Â $409
Avg Days on Market – 71
Current Inventory on MLS- Â 27
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/trump-towers-las-vegas/
Veer CityCenter
Number of Properties Sold- Â 4
Avg Sale Price- Â $392,750
Avg Sale Price/SqFt- Â $447
Avg Days on Market- 33
Current Inventory on MLS- 15
For current inventory, please visit:
http://www.mylvcondosales.com/las-vegas-strip-area-condos/veer-citycenter-las-vegas/
Anthony Phillips
702-482-8885
Anthony@mylvcondosales.com
Data provided by the MLS and is deemed reliable but not guaranteed.Â
PALMS PLACE CONDOS FOR SALE, LAS VEGAS
Imagine being part of the trendsetting Palms Casino Resort scene when you want, then being able to retreat to your own Palms Place condo just steps away to indulge in all the quiet luxuries of your amazing high-rise home.
Welcome to the 47-story Palms Place Tower. One of the three towers that make up the famed Palms complex just west of the Las Vegas Strip. Palms Place offers a mix of ultra-modern floor plans from studios to penthouses. Each Palms Place condo offers a bold, contemporary design fused with elegant appointments that make Palms Place a remarkable landmark in Las Vegas luxury living.
Palms Place condos for sale or rent range from studios with 600 square feet of living space, one-bedroom suites with 1,200 square feet of luxury living, and two-bedroom suites designed with 1,800 square feet and a spectacular view of the Las Vegas Strip.
All Palms Place Las Vegas condos are fully-furnished and include hardwood and marble flooring, nine-foot ceilings, state-of-the-art kitchens, 42-inch plasma televisions, and Italian bedding. One-bedroom suites add whirlpool bathtubs, a fireplace, and a washer/dryer laundry closet. Two-bedroom floor plans include an additional kitchen, a double-door entry, and an extra bathroom.
Palms Place amenities include an elegant bar scene in the Palms Place lobby, Simon Kitchen’s upscale restaurant, all the indulgent pampering of the Drift Spa, and a spectacular 50,000-square-foot pool with waterfalls, stone gardens, cabana, full service bar and much more all located on the Palms Place 6th Floor.
For more information, please visit http://www.mylvcondosales.com/palms-place-las-vegas/
Cosmopolitan Las Vegas Condos For Sale | Terrace One Bedroom Residence at Cosmopolitan Resort Casino
A Rare opportunity to live in one of the highest private residences Las Vegas. This captivating residence provides endless views of the surrounding city and beyond with sliding glass doors opening to an oversized private terrace. A large, luxurious bathroom features an opulent Japanese soaking tub and an exhilarating shower. Sitting atop the Cosmopolitan Resort Casino, owners enjoy world class amenities and all hotel privileges including room service, private concierge services & much more.
 For more information, visit http://www.mylvcondosales.com/cosmopolitan-condos/
The Residences at Mandarin Oriental Las Vegas http://www.mylvcondosales.com/mandarin-las-vegas/
Allure is one of the best-selling high rise community in Las Vegas outside of CityCenter for good reason. If you’re looking for a higher standard in luxury living – along with an outstanding value – you’ll find both at Allure.
Allure Las Vegas offers contemporary spaces that include over-sized Italian porcelain tile flooring, nine-foot ceilings, spacious master suites, large walk-in closets, European-style cherry cabinets, granite counter-tops, designer faucets, stainless steel appliances, an advanced wiring network, safety systems and exceptional sound attenuation between residences for a relaxing sanctuary away from the hustle and bustle of the Strip.
Just some of the amenities that come with an Allure Las Vegas condo include a private outdoor pool and cabanas, club room with catering kitchen, state-of-the-art fitness facility, business center, media room, secure parking, 24-hour doorman, valet service, and a unique program called Allure Now™ – a signature five-star concierge service available exclusively to Allure condo owners.
Residences are available to own or lease with a choice of  floor plans that include studio, one-, two- and three-bedroom homes, ranging in size from 670 to 4,400 square feet.
For available condos for sale or rent, please visit http://www.mylvcondosales.com/allure-las-vegas/
Here is the view from our Mandarin Oriental residence, for more information, please visit http://www.mylvcondosales.com/mandarin-las-vegas/
MGM Signature Las Vegas Condos For Rent | MyLvCondos.com
Step into your 550-square-foot Deluxe Suite and enjoy your plush king-size bed with lavish linens. This suite features a Whirlpool spa tub in the over-sized bathroom and a separate sitting area with entertainment center and kitchenette.
Residence Amenities Include:
MGM Signature Condo/MGM Grand Amenities Include:
For virtual tour, visit http://www.signaturemgmgrand.com/suites/suite-junior.aspx
Contact us today for available residences. 702.482.8885 or Anthony@mylvcondosales.com
Las Vegas Condos For Sale 
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