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Las Vegas, NV Area February 2009 High Rise Inventory Update

Las Vegas Area High Rise Rental Statistics

Rentals:

  • 334 Listed 3/25/2008
  • 16 Under Contract 3/25/2008
  • 50 Leased February 2009
  • 6.7 Months Inventory

Las Vegas Area High Rise Resale Statistics

Resales:

  • 928 Listed 3/25/2008
  • 45 Under Contract 3/25/2008
  • 19 Closed February 2009
  • 48.8 Months Inventory (=4.1years)

This Market is extremely volatile due to the boutique nature and lack of financing. Read last month's report here.

This report is compiled by using data from the GLVAR MLS. Data is gathered by the "VERTICAL" field and the "RESIDENTIAL" field using "CON" as subtype and "HIGHRIS,LOFTLIV,PENTHSE" equals any for building description. Information is deemed reliable but not guaranteed.

Read the most current market report for the Las Vegas High Rise Sector right here.

If you are thinking about buying or renting a high rise condominimum in the Las Vegas area, please call 702-966-2494. Press 1 if you are a buyer or press 2 if you are a renter. For financing options press option 3. For selling or leasing/property management press option 0. We will not list condos that have not yet closed with the builder or are not interested in contract reassignments. Para español presione el cuatro.

Posted Thursday Apr 23

Hi Renee, in addition to the great pie charts and statistics you provide I like your commentary on the numbers. You are right the lack of financing has made it a challenge to get this market moving again. Hopefully it will continue to get better in this area as the year progresses.

( 04/23/09 08:42AM ) — Larry Brewer Nashville real estate

Renee - Nice looking stats you have. i'll try to incorporporate some of this into my blog. keep up the good work.

Renee


Nice to see things are going stronger by you; great looking graphics.


Tom

( 04/23/09 02:13PM ) — Greg Knowles Santa Barbara Ca.

Renee, you are incredible at keeping all these statistics in front of folks. Great Job!

Gary:  Lower prices to the cash melting point are a must for this market!  Thanks for stopping by!


Larry:  Thanks again!  Make sure you alert me when you get your excel graph done!


Tom:  THANKS!


Greg:  Thanks.  Been behind even though I had numbers pulled so I am kind of throwing a ton of stuff out there now!

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