About Las Vegas' Signature At Mgm Grand

The Las Vegas Condos at the MGM Signature remain a HOT Commodity. WIth prices as low as 25 cents on the original dollar coupled with the terrific location within walking distance of Planet Hollywood, MGM CityCenter, and the COSMOPOLITAN, not to mention an interior walkway to the MGM GRAND, these fully furnished studios are in strong demand.

Last week, out team sold 5 studios and a 1 bedroom and have we got some deals for you!!! We have access to 4 off market studios that will sell at DEEPLY DISCOUNTED PRICES prior to them being listed in the MLS.

Call June at 702 376-5220 for details of the inventory!

And check out our brand new strip view studio listing:

TAKE THE TOUR

The Signature at MGM Grand Amenities Include:

§Private 24 Guard Gated Entrance.

§Private Gym.

§Coffee Bar.

§Valet Parking.

§Owner's Lounge.

§Pool and Spa.

§Concierge.

§High-Speed Voice/Data Connectivity.

§Fully Staffed Lobby.

§24-hour Security.

§Conference and Business Centers.

Contact THE STARK TEAM for the Best Values at THE SIGNATURE AT MGM GRAND!

Demand for the luxury high rise hotel-condos in The Signature at MGM Grand has remained strong as ever. Because these MGM condos are well located within walking distance of MGM CityCenter, Planet Hollywood & it shops, and the COSMOPOLITAN RESORT, as well as being connected via an interior walkway to the MGM Grand Hotel, the location simply does not get any better. Add to that the on site optional rental program, the ability to rent the condo out when not in use, adds to the appeal.

View MGM Signature Condos for Sale in the MLS

Take Our Virtual Tours & View Our SHOWCASE LISTINGS

The fact that the MGM SIGNATURE CONDOS are guard gated, originally built by Turnberry Associates in partnership with MGM/Mirage, gives buyers that level of quality that cannot be duplicated in 2011 at the prices these condos are now selling for. THE STARK TEAM has been selling foreclosures and short sales for the past 3 years now, and the repo train is coming to a halt. As of this writing, there are no foreclosures available at all three towers and only 1 or 2 short sales. Most available inventory these days is offered for sale by owners wishing to make a small profit on the foreclosure or short sale that they purchased, trustee flips, or those wishing to liquidate their assets into cash.

The demand for these condos is strong as ever. Each day we get calls from buyers wanting to buy a studio for $150k or less. These days buying in that price range is difficult to accomplish . Strip View Studios on dobel digit floors, especially the ones with balconies, or on the penthouse levels are going to cost $170k and upwards approximatey. The exciting world of Las Vegas Strip real estate is highly sought after, and fully furnished hotel condos make great vacation properties and offer a maintence free option to buyers.

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With our pulse on the market, we know where the deals are. At present, we have a strip view 1 BR Studio Pair on the 37th PENTHOUSE FLOOR for sale. The Corner 1 BR is listed at $349,000. Original price was $ 1,230,000. The Studio is listed at $239,000. Original price was $655,000.

LAS VEGAS STRIP REAL ESTATE IS ON SALE!

Take the Tour-MGM 1 BR Corner Penthouse Condo for Sale

Take the Tour-MGM Signature Strip View Studio Penthouse for Sale

Las Vegas High Rise Rentals:

• 208 Listed 5/15/2011
• 40 Under Contract 5/15/2011
• 62 Leased April 2011
  
• 3.4 Months Inventory
• Low Leased Price:  $799/Month (Lake Las Vegas)
  
• Median Leased Price:  $1625/Month (Veer Towers)
  
• High Leased Price:  $3500 (Panorama Towers)

Las Vegas High Rise Resales:

• 419 Listed 5/15/2011
• 245 Under Contract 5/15/2011
• 76 Closed April 2011
  
• 5.5 Months Inventory
  
• Low Sold Price:  $60000 (Boca Raton)
  
• Median Sold Price:  $180000 (Regency Towers)
• High Sold Price:  $1700000 (One Queensridge)

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

This report is compiled by using data from the GLVAR MLS. Data is gathered by the "HIGH RISE" field. Information is deemed reliable but not guaranteed.

What Areas Do You Cover for your Las Vegas Area Real Estate Market Reports?

General Las Vegas Area Real Estate Market Reports are for MLS Areas 101-606 (the average consumer probably asks, what’s that?)  It means that I cover the cities of Las Vegas, Henderson, North Las Vegas including unincorporated Clark County Townships of Whitney, Paradise, Winchester, Enterprise, Sunrise Manor & Spring Valley.  They do NOT cover the areas of Boulder City, Pahrump, Laughlin, Moapa or Mesquite.

View More FAQ About My Las Vegas Area Real Estate Market Reports.

MGM Signature Hotel-Condos are EXTREMELY POPULAR with International Buyers!

MGM SIGNATURE hotel condos offer International Buyers the best of both worlds: a great vacation condo in Vegas that is turn key ready and fully funished, as well as an easy care property that can be placed in an on site rental program when not in use. Coupled with the guard gated tropically landscaped site, and a wonderful location in the ever popular HARMON CORRIDOR, owners can walk to MGM CityCenter, the new COSMOPOLITAN RESORT, PLANET HOLLYWOOD and so much more.

THE STARK TEAM knows where the bargains are in these 3 white and golden glass high rise condo towers. CONTACT US for more info and to be put on our MGM SIGNATURE HOT DEAL ALERT.

Where have all the bank owned repos gone in MGM Signature? Into the hands of strong cash buyers who have gobbled them up over the past few years. There are still some fantastic deals in the towers from trustee flippers, short sellers, and folks who wnat to liquidate their cash assets.

CHECK OUT MGM TOWER # 3 # 1715 Strip View Studio priced at $179,990 Take the Virtual Tour

One of our clients very aptly said that nowhere in the world, in any large city, can you find such a beautifully appointed condo at these prices under $200k.

Looking for a Las Vegas Luxury Foreclosure? VISIT WWW.LASVEGASFORECLOSUREWORLD.COM
~ Our LAS VEGAS FORECLOSURE LISTINGS are UPDATED DAILY! ~
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