INSI GHT Las Vegas | March 17 - April 17 2020
Green Valley Office
table of contents
6
globally connected
8
by the numbers
14
news + notes
16 communities
MacDonald Highlands Office
Summerlin Office
Lake Las Vegas Office
25
golf course living
28
verticals
37
listings of distinction
TOGETHER. We’re moving forward. Above all else, we hope you and your family are healthy and safe. These are unprecedented times. The guidelines of social distancing are requiring us to make big adjustments to the way we live and work, yet we can continue to stay connected. At Synergy Sotheby’s International Realty, we are meeting this challenge while keeping the health and safety of our friends, family, clients, and colleagues a top priority. With our dedicated and fully operational staff working from home, we are serving you with every means possible in order to navigate through these challenging times. As we move forward, we will continue to work on your behalf, in every way possible, including staying in constant communication with the brokerage community and keeping abreast of market changes that affect anyone purchasing or selling a home. For showing listings, we’ll be using convenient technologies that people are familiar with like FaceTime, Zoom, Skype, Curate, and 3D Virtual Tours in order to mitigate the spread of the virus. For one-on-one in-person property appointments, we are using all of the precautionary methods including shoe covers, hand sanitizers, and asking that everyone keep a healthy physical distance. Currently, we’ve suspended all open houses and broker events because of the potential number of people congregating in one place. We are, however, working with our clients who are in the process of closing on a real estate transaction since both the title companies and the Clark County Recorder’s office are still open for business. We are committed to staying connected on what matters to you and will be available for your preferred form of communication whatever form that may take; email, Facebook, Facetime, Skype, Zoom, Whatsapp or any other platform you might use. We're here for you and want to be of help in any way we can. By supporting one other and working together, we will overcome these difficult times. As we all move forward, we wish you and your loved ones strength and good health.
about us
At Synergy Sotheby’s International Realty we take great pride in presenting you with current trends
PUBLISHER
Gene Northup
and developments affecting luxury communities of Las Vegas and the surrounding areas. This report represents a consolidation of local real estate knowledge and an in-depth analysis of market data to bring you the most useful insights as they emerge
MANAGING BROKER
Thomas Marsaw BROKER MANAGER
Brittany Northup
in the region. MANAGER
In addition to offering general statistics related to the overall market, the report contains valuable information developments
concerning and
Las
Vegas’
neighborhoods.
hottest
Particularly
noteworthy is the large-scale growth in the city with
Kyle Northup DESIGNER
Lindsay Rohlfsen PHOTOGRAPHY
JPM Studios
expansions and new developments, bringing with it many opportunities for clients to capitalize on future investments.
COPYWRITER
Melissa Whitaker
One of the many tools available to agents and brokers of Synergy Sotheby’s International Realty, we sincerely hope that this report will assist our clients in understanding Las Vegas’ expansive luxury real estate market. As an international luxury
FEATURE YOUR HOME IN THE NEXT ISSUE All listings and data are presented by Synergy Sotheby’s International Realty. To be featured by the only truly international real estate brand in Southern Nevada contact Kyle Northup | 702.360.1414 | kyle@synergysir.com.
brand, represented in 72 countries, with over 22,500 associates across 990 offices, we have the capacity to offer our clients a level of talent and marketing
ABOUT THE MAGAZINE
expertise unlike any other. Synergy Sotheby’s International Realty publishes Insight, a market report
Whether you are interested in learning more about current market conditions, or are considering representation in the sale of your home, please give us a call and we can discuss how Synergy Sotheby’s International Realty may be of service to you.
magazine each quarter. All materials are copyrighted and can not be reprinted or duplicated without permission, including photographs, artwork, designs and text. The publication is distributed without charge to readership throughout Southern Nevada. Additional copies and advertising information can be requested by contacting Synergy Sotheby’s International Realty. Address: 10100 W Charleston Blvd., 160, Las Vegas, NV 89135.
702.360.1414 | insight@synergysir.com
VIEW MORE PROPERTIES:
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WE HAVE
1,000
O F F I C ES 1 OUT OF 3 OFFICES ARE
OUTSIDE OF THE UNITED STATES
AGENTS
WE NOW HAVE
23,000 $114B ANOTHER RECORD YEAR
IN ANNUAL GLOBAL SALES
34MTO
VISITS
SIR.COM 14PERCENT
INCREASEYoY
EXCEEDED
$2.25B IN ANNUAL VALUE FROM
2,115 C LOS E D R E F E R RA LS
OVER 180,0000
YOUTUBE SUBSCRIBERS
SILVER CREATOR
AWARD WINNER WE 41 TOP 250 TOP AGENTS IN AMERICA OF THE
HAVE
by the numbers Single family homes
*
Luxury is $750,000 and up
**
LUXURY SINGLE FAMILY HOMES** Distribution of Sales by Location 3/17 - 4/17 3/17 - 4/17 2020 2019 East Henderson
29
Distribution of Sales by Price Difference
3/17 - 4/17 2020
3/17 - 4/17 2019
Difference
1
(1)
$750K - $1M
45
45
-
21
8
$1M - $1.5M
23
29
(6)
$1.5M - $2M
7
6
1
$2M - $5M
9
9
-
North
4
3
1
North West
20
30
(10)
South
3
2
1
South West
28
32
(4)
ALL SINGLE FAMILY HOMES* Distribution of Sales by Location 3/17 - 4/17 2020
3/17 - 4/17 2019
Distribution of Sales by Sales Price Difference
East
304
303
1
Henderson
426
544
(118)
North
487
551
(64)
North West
511
528
(17)
South
233
262
(29)
South West
513
578
(65)
3/17 - 4/17 3/17 - 4/17 2020 2019 <$100K
NUMBER OF PROPERTIES SOLD ABOVE, EQUAL TO OR BELOW LIST PRICE*
3
2
1
$100K - $250K
451
690
(239)
$250K - $500K
1,726
1,800
(74)
$500K - $750K
210
185
25
$750K - $1M
45
45
-
$1M - $1.5M
23
29
(6)
$1.5M - $2M
7
6
1
$2M - $5M
9
9
-
DAYS ON MARKET BY PRICE RANGE*
<$100K
<$100K
$100K - $250K
$100K - $250K
$250K - $500K
$250K - $500K
$500K - $750K
$500K - $750K
$750K - $1M
$750K - $1M
$1M - $1.5M
$1M - $1.5M $1.5M - $2M
$1.5M - $2M
$2M - $5M
$2M - $5M 0%
20%
40% less
6
Difference
Equal
60% Greater
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80%
100%
0%
20% <30
120 - 180
40% 180+
60% 30 - 90
80% 90 - 120
100%
VINTNER GRILL Vintner Grill is a lively American bistro nestled in Summerlin, Las Vegas’ premier community. From working lunches to formal dinners, casual date night to family celebrations, Vintner Grill’s pleasant and inviting ambiance makes it perfect for a variety of occasions. The menu features American dishes infused with flavors from Spain, France and Italy. The bistro’s compelling architecture combined with the simplicity of its modern décor gives the dining experience a sense of casual elegance. Vintner Grill also offers a beautifully appointed patio featuring two, illuminated cabanas where guests can enjoy their meal in a unique outdoor setting. In short, Vintner Grill is worth taking a brief trip “off the Strip” if you are looking for a neighborhood gem where the locals go.
702.214.5590 • 10100 W CHARLESTON BLVD 150 • LAS VEGAS, NV 89135
LIVE 552 S Stephanie St | Inside DragonRidge Country Club | 702.614.9100 macdonaldhighlands.com | synergysir.com
AT A HIGHER LEVEL We are proud to be the exclusive listing brokerage for MacDonald Highlands. An extraordinary master plan community 2,700 feet above the valley floor. Spectacular strip views and modern architecture are brought together with a five star country club offering the golf, swim, tennis and dining lifestyle you deserve. Luxury Homes | New Modern Customs | Luxury Townhomes Strip View Lots | Design & Build Your Dream Home
communities
Only
For Those With a Vision Your home is more than a building or an address. Itâ&#x20AC;&#x2122;s where you experience life, family, connection, growth. Your home should be as exceptional as you are, and as you are going to be. For a lifestyle inspired by your potential, there is only Sothebyâ&#x20AC;&#x2122;s International Realty.
las vegas, summerlin & henderson
|
702.360.1414
the ridges This private reserve of luxury homes, situated on 800 acres in the masterplanned community of Summerlin, is recognized as one of the most exclusive neighborhoods in the country. The Ridges presents stunning views of the Las Vegas Strip to the east, while on its western border lies the surreal beauty of the Mojave Desertâ&#x20AC;&#x2122;s Red Rock Conservation Area. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 32 32 0 Number of Sales 4 14 -10 Average Sale Price $2,983,084 $2,075,357 $907,727 Average Sale $/Ft $553 $436 $118 Average Days on Mkt 40 93 (53)
red rock country club Set in the master-planned community of Summerlin on the very western edge of Las Vegas, Red Rock Country Club is one of the most exclusive addresses in the valley. Possessing not one but two signature Arnold Palmer golf courses, the private Mountain Course and the public Arroyo Course. The nearby Red Rock State Park provides inspiring natural beauty.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 32 18 14 Number of Sales 3 12 -9 Average Sale Price $933,250 $963,417 $(30,167) Average Sale $/Ft $273 $271 $2 Average Days on Mkt 25 127 (102)
tournament hills Tournament Hills remains one of the most sought after addresses in the master-planned community of Summerlin on the western side of the Las Vegas valley. Tournament Hills is built on and around the Tournament Players Club Summerlin, the course famed as the site for Tiger Woods first professional victory. The residences of Tournament Hills are renowned for their luxury and opulence. Exclusively custom by design, Tournament Hills features homes ranging from the classic to the contemporary. 2020 2019 March 17 - April 17 March 17 - April 17 Change - - New Listings - - Number of Sales - - Average Sale Price - - Average Sale $/Ft Average Days on Mkt - - -
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eagle hills Tree-lined sidewalks and manicured lawns are only some of the pleasant wonders of life inside the guard-gated community of Eagle Hills. Situated in The Trails within the master-planned community of Summerlin on the western edge of Las Vegas. Homes in Eagle Hills let you forget the surrounding desert landscape as few other communities can. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 5 4 1 Number of Sales 4 -4 Average Sale Price $1,180,000 $(1,180,000) Average Sale $/Ft $289 $(289) Average Days on Mkt 112 (112)
canyon fairways Appropriately situated for luxury and appropriately named for its convenience as it backs up to Tournament Players Club Las Vegas, a public course Golf Digest described as, â&#x20AC;&#x153;one of the best.â&#x20AC;? Pass through the 24hour guard gated entrance and discover lavish homes set against amazing views of the Las Vegas Valley. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings - - Number of Sales - - Average Sale Price - - Average Sale $/Ft - - Average Days on Mkt - - -
bellacere Set behind a guard-gated entrance, Bellacere is a truly intimate community filled with a wealth of green spaces, which only fifty-four families can enjoy. Designed in a way so that most of the residences of Bellacere are situated far from the exterior boundaries, gives Bellacere a quiet, small town feel while outside the walls, a host of amenities and conveniences await in the master-planned community of Summerlin.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 3 3 0 Number of Sales - - Average Sale Price - - Average Sale $/Ft - - Average Days on Mkt - - -
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mountain trails A community within a community, Mountain Trails resides in The Trails section of the master-planned community of Summerlin, long recognized as the pinnacle of Las Vegas living. Life at Mountain Trails begins by passing through the guard-gated entrance and takes residence on a path of unmatched possibilities. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 2 4 -2 Number of Sales 2 -2 Average Sale Price $1,295,000 $(1,295,000) Average Sale $/Ft $249 $(249) Average Days on Mkt 110 (110)
palisades As its name implies, Palisades is a distinctive barrier to the common world. Drive through the guard-gated entrance and youâ&#x20AC;&#x2122;ll leave the world behind. Situated along the Tournament Players Club (TPC) Las Vegas Golf Course, Palisades provides an elevated sense of living and the views of the Las Vegas valley and the Canyon Fairways accentuate that feeling. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings - - - Number of Sales - - - Average Sale Price - - - Average Sale $/Ft - - - Average Days on Mkt - - -
vineyards The residences at Vineyards are for those seeking to elevate their lifestyle. Set amongst gently rising hills in the master-planned community of Summerlin in Las Vegas, The Vineyards represents the best semi-custom living has to offer. The community is highlighted by terraced walkways winding through green spaces and leading to three separate private squares with relaxing water features. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings - - - Number of Sales - - - Average Sale Price - - - Average Sale $/Ft - - - Average Days on Mkt - - -
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willow creek When you enter the guard gated community of Willow Creek, there are 3 subdivisions within the gate. They are: Eden Ridge by Pulte homes which is a single story only neighborhood offering a semi custom product; Heritage Glen and Wood Glen both built by Toll Brothers offering larger tract homes; and finally a separate gated custom community within the Willow Creek guard gate known as Willow Falls. Willow Falls is completely custom and offers 80 home sites that are for the most part 1/3 acre. There is access to tennis courts, a basketball court, a play area, park, a beautiful paseo area and all Summerlin facilities. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings - - - Number of Sales - - - Average Sale Price - - - Average Sale $/Ft - - - Average Days on Mkt - - -
country club hills Set along the Tournament Players Club (TPC) Summerlin Golf Course in the master-planned community of Summerlin, Country Club Hills is a collection of 170 semi-custom homes by one of Las Vegasâ&#x20AC;&#x2122; most sought after, high-end builder, Christopher Homes. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 3 5 -2 Number of Sales 2 -2 Average Sale Price $965,000 $(965,000) Average Sale $/Ft $283 $(283) Average Days on Mkt 15 (15)
queensridge Queensridge is an upscale development located on the west side of Las Vegas just east of Summerlin. It is comprised of about 800 acres of luxury living. As a part of the Peccole Ranch development it presents a European Countryside theme. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 21 12 9 Number of Sales 2 10 -8 Average Sale Price $592,688 $966,580 $(373,893) Average Sale $/Ft $207 $201 $6 Average Days on Mkt 39 94 (55)
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canyon gate country club Not far from Las Vegas, Canyon Gate Country Club offers terrific views and challenging play for golfers at every skill level. Well-groomed fairways and greens keep Canyon Gate Country Club difficult yet friendly, and the staff can offer tips and tricks for playing your best round. Canyon Gate Country Club is a terrific choice for your regular rounds of golf or a new destination for you and friends when visiting Las Vegas. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 14 5 9 Number of Sales 2 6 -4 Average Sale Price $504,900 $1,094,667 $(589,767) Average Sale $/Ft $207 $240 $(33) Average Days on Mkt 12 102 (90)
southern highlands* Living in Southern Highlands means one of the nationâ&#x20AC;&#x2122;s top private golf courses is just steps from your house. Co-designed by the late legendary golf architect Robert Trent Jones Sr. and his son Robert Trent Jones Jr., the Southern Highlands Golf Course takes advantage of the surrounding mountain terrain to set up exciting shots on finely manicured fairways with picturesque water features. The warm, dry climate also makes it possible and enjoyable to spend weekends on the green any time of the year. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 24 13 11 Number of Sales 5 8 -3 Average Sale Price $1,164,600 $1,382,250 $(217,650) Average Sale $/Ft $286 $265 $21 Average Days on Mkt 118 149 (31) *country club only
spanish trail Since opening in 1984 Spanish Trail offers one of the Southwest's finest Country Clubs and we have focused on what every golfer is striving for - balance, tempo, consistency and relaxation. Featuring a 27-hole championship course has been the home to 5 PGA Tour Las Vegas Invitationals and offers the perfect combination of Country Club tradition and Resort living.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 18 24 -6 Number of Sales 5 6 -1 Average Sale Price $635,490 $886,667 $(251,177) Average Sale $/Ft $186 $201 $(16) Average Days on Mkt 75 52 23
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spanish hills The community of Spanish Hills in Las Vegas, is an affluent borough famous for being home to a number of celebrities, business owners, and pro-athletes. Spacious lots and multi-million dollar custom homes offer peace and quiet while providing breathtaking views of Red Rock Canyon National Park and The Strip.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 3 1 2 Number of Sales 2 -2 Average Sale Price $1,250,000 $(1,250,000) Average Sale $/Ft $266 $(266) Average Days on Mkt 125 (125)
macdonald highlands As the master listing agents for MacDonald Highlands we are honored to have an office within DragonRidge Country Club giving us unique insight into the MacDonald Highlands market. Shaped from the foothills of the McCollough Mountains, McDonald Highlands blends the organic with the epic. Placed on the southern edge of the Las Vegas valley in a suburb of Henderson, MacDonald Highlands is uniquely luxurious and distinctly lavish and home to the Dragonridge Country Club. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 26 21 5 Number of Sales 10 -10 Average Sale Price $1,480,344 $(1,480,344) Average Sale $/Ft $307 $(307) Average Days on Mkt 95 (95)
anthem country club Nestled in the foothills of Black Mountain, Anthem Country Club is the pinnacle of living in the master-planned community of Anthem. Meandering along the golf course, Anthem Country Club is a collection of upscale tract and custom homes amongst almost 5,000 acres of beautifully landscaped homes with a three-mile walking loop. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 35 19 16 Number of Sales 5 16 -11 Average Sale Price $1,321,000 $873,738 $447,263 Average Sale $/Ft $287 $269 $18 Average Days on Mkt 97 79 18
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las vegas, summerlin & henderson
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702.360.1414
seven hills As the Roman Empire was built upon its famed rolling hills, so too is the master-planned community Seven Hills, just south of Las Vegas and gloriously nestled against the magnificent McCollough mountain range. Travel along the rolling hills and one discovers a range of architecture from classic Tuscan to the ultimate in modern design. Elevated to afford wonderous views of the entire Las Vegas valley Seven Hills is home to the Rio Secco golf course designed by Rees Jones, as well as, an abundance of outdoor activities and amenities. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 68 32 36 Number of Sales 16 17 -1 Average Sale Price $647,009 $756,964 $(109,954) Average Sale $/Ft $210 $223 $(13) Average Days on Mkt 68 65 3
the fountains Known as one of the most prestigious addresses in the master-planned community of Green Valley in the Las Vegas suburb of Henderson, The Fountains community is an unexpected gem in the desert. Enjoying large, open lawns and tree-canopied streets, The Fountains is reminiscent of an east coast neighborhood.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 3 6 -3 Number of Sales 2 4 -2 Average Sale Price $980,000 $897,000 $83,000 Average Sale $/Ft $176 $161 $15 Average Days on Mkt 100 152 (52)
lake las vegas If there is one place to be a world away in the desert, that place could only be Lake Las Vegas. Surrounding a 320-acre shimmering lake, the resort community of Lake Las Vegas flawlessly blends luxury residential living with the finer aspects of commercial enticements and golf only minutes from Las Vegas. 2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 64 49 15 Number of Sales 13 18 -5 Average Sale Price $744,077 $584,950 $159,127 Average Sale $/Ft $224 $213 $12 Average Days on Mkt 116 82 33
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The leader in premium real estate, we deploy intuitive technology to deliver a truly personalized, clientdriven experience. With professionals in more than 70 countries and territories worldwide, weâ&#x20AC;&#x2122;re local everywhere, allowing us to walk alongside our clients at every stage of their journey. We know they expect us to be the first and the best in exclusive property. We deliver.
LIVE 2030 Lake Las Vegas Pkwy Henderson, NV 89011 synergysir.com | 702.360.1414
WATERFRONT We all have dreams and they are as vast and varied as the world is wide. But they all start with inspiration, and inspiration starts with your surroundings. That’s what home is. A sense of place. An amazing view. It’s all part of what makes a space a home, because your home is where you truly LIVE. Synergy Sotheby’s International Realty is proud to be the master listing agent for Lake Las Vegas. From waterfront lots to custom homes, our team of experts are here to help you find your dream lifestyle.
20
Fashion Show Mall
8
Gold Coast Caesars Palace
Rio
Palms
7
6
3
5
Monte Carlo NewYork NewYork
Venetian
Bellagio Cosmopolitan
Ballyâ&#x20AC;&#x2122;s Paris
City Center T-Mobile Arena
4
Planet Hollywood
Mirage / TI
2
MGM Grand
Excalibur Tropicana Luxor as
eg sV
VD BL
La
Mandalay Bay
1
McCarran International Airport
LIVE HIGHRISE
17 18 13 10
Circus Circus Wynn / Encore
14 Stratosphere
Downtown
16
15
Sahara
11
Hilton
Riviera
12 Las Vegas Country Club
Las Vegas Convention Center Wynn Golf Course
Palazzo Sands Convention Center
9
Harrahs Imperial Palace Flamingo Billâ&#x20AC;&#x2122;s
UNLV
Thomas & Mack Center
LEGEND 1.
ONE Las Vegas
6.
Panorama Towers
11. Metropolis
16.
Turnberry Towers
2.
MGM Signature
7.
The Martin
12.
17
Newport Lofts
3.
Mandarin Oriental
8.
Palms Place
13. Sky
18. Soho Lofts
4.
Veer Towers
9.
Park Towers
14. Allure
19. The Ogden
15.
20. One Queensridge
5. Vdara
10. Trump
Regency Towers
Turnberry Place
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waldorf-astoria As the most prestigious residential address on the Las Vegas Strip, The Residences at the Waldorf Astoria sets the standard for luxury highrise living. It is the residential jewel of City Center. We continue to see a tremendous amount of activity for this premier luxury tower with pricing more than $1,000/sf for the larger units. There are no signs of it slowing down with all the development in the area.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 17 13 4 Number of Sales 2 2 0 Average Sale Price $1,825,000 $3,000,000 $(1,175,000) Average Sale $/Ft $969 $1,317 $(347) Average Days on Mkt 2 65 (63)
park towers These two towers continue to serve as one of the most distinctive and exclusive highrise addresses, home to many of the most influential Las Vegas residents. This property doesnâ&#x20AC;&#x2122;t traditionally have much in the way of turnover.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 3 4 -1 Number of Sales 1 2 -1 Average Sale Price $1,625,000 $1,625,000 $Average Sale $/Ft $558 $462 $96 Average Days on Mkt 81 476 (395)
veer towers The iconic architecture and contemporary design of the Veer towers set these towers apart on the Las Vegas Strip. As a part of CityCenter, they enjoy all the benefits of their location and MGMâ&#x20AC;&#x2122;s new development, The Park, along with the T-Mobile Arena.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 18 12 6 Number of Sales 1 2 -1 Average Sale Price $525,000 $826,500 $(301,500) Average Sale $/Ft $633 $693 $(60) Average Days on Mkt 69 152 (83)
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one queensridge place Dedicated to the most discriminating owners, One Queensridge Place serves as one of the very finest luxury residences in Las Vegas.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 11 8 3 Number of Sales 1 4 -3 Average Sale Price $2,400,000 $1,618,750 $781,250 Average Sale $/Ft $501 $438 $63 Average Days on Mkt 279 20 259
trump tower This classic and luxuriously appointed condotel is now coming into its own and reached stronger sales than in years prior. International buyers continue to show active interest in this property.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 24 50 -26 Number of Sales 5 -5 Average Sale Price $809,000 $(809,000) Average Sale $/Ft $530 $(530) Average Days on Mkt 40 (40)
vdara With direct access to Aria and the Bellagio resorts, Vdara at CityCenter is poised to be one of the most desired condotels in the Las Vegas Strip corridor. Branded as a non-gaming, non-smoking luxury hotel, it is the first choice for visitors seeking a quiet retreat with direct access to some of the finest restaurants, entertainment, and shopping in all of Las Vegas.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 4 -4 Number of Sales 3 -3 Average Sale Price $541,667 $(541,667) Average Sale $/Ft $755 $(755) Average Days on Mkt 247 (247)
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mgm signature MGM Signature continues to be a dominant property of interest in the condo hotel market. It is likely we will continue to see more interest with the new developments surrounding T-Mobile Arena and the arrival of the Raiders.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 32 32 0 Number of Sales 2 9 -7 Average Sale Price $238,700 $327,767 $(89,067) Average Sale $/Ft $459 $414 $45 Average Days on Mkt 156 19 137
palms place Hip and modern is the theme of Palms Place and it continues to garner attention. It is a hot spot for those who want to own a bit of Las Vegas.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 36 30 6 Number of Sales 5 8 -3 Average Sale Price $301,000 $513,658 $(212,658) Average Sale $/Ft $409 $431 $(22) Average Days on Mkt 23 57 (34)
sky las vegas Sky Las Vegas is a 45-story luxury high-rise condominium tower with 409 units. The north end of the Strip received a bit of good news recently with the Fontainebleauâ&#x20AC;&#x2122;s sale announcement, helping Sky, Allure and Turnberry Place.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 7 9 -2 Number of Sales 2 1 1 Average Sale Price $327,500 $325,000 $2,500 Average Sale $/Ft $310 $295 $15 Average Days on Mkt 97 3 94
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turnberry place The four towers of this prestigious enclave continue to be one of the premier residences of the Las Vegas Strip.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 24 25 -1 Number of Sales 4 4 0 Average Sale Price $631,250 $1,410,500 $(779,250) Average Sale $/Ft $264 $363 $(100) Average Days on Mkt 94 127 (33)
turnberry towers The sister project to Turnberry Place overlooks the Las Vegas Country Club golf course as well as offering some amazing Strip views.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 13 14 -1 Number of Sales 2 7 -5 Average Sale Price $407,500 $474,236 $(66,736) Average Sale $/Ft $362 $376 $(13) Average Days on Mkt 50 60 (11)
allure This highrise tower benefits from being adjacent to the Sahara on the Las Vegas Strip and MGM Resortsâ&#x20AC;&#x2122; outdoor festival space. One of the most affordable highrise opportunities on the Strip.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 16 6 10 Number of Sales 2 2 0 Average Sale Price $262,500 $236,000 $26,500 Average Sale $/Ft $255 $243 $13 Average Days on Mkt 20 8 12
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panorama towers The twin towers overlooking the world-class architecture of CityCenter is seeing more attention with the advent of the professional hockey team expansion in the T-Mobile arena and its surrounding restaurant/retail complex, The Park. All these new venues are within walking distance.
# of Transactions Sales Price (Max) Sales Price (Min) AVG $/SF AVG Days on Mkt
2020 2019 March 17 - April 17 March 17 - April 17 Change 17 12 5 1 5 -4 $1,650,000 $562,278 $1,087,722 $495 $375 $121 95 42 53
the martin The sister project of Panorama Towers has stayed steady in its sales relative to last year while bolstering its average sales price.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 16 8 8 Number of Sales 4 1 3 Average Sale Price $535,000 $415,000 $120,000 Average Sale $/Ft $404 $394 $10 Average Days on Mkt 195 74 121
metropolis Overlooking the prestigious Wynn golf course, these Art Deco inspired lofts have not had much activity as most owners have been holding on to them. These lofts have amazing views of the Las Vegas Strip and the Wynn golf course.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings - - - Number of Sales - - - Average Sale Price - - - Average Sale $/Ft - - - Average Days on Mkt - - -
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towers
These long-standing Vegas residential towers, located within the Las Vegas Country Club.This high rise tower offers breath taking strip, golf course and mountain views.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 11 3 8 Number of Sales 3 -3 Average Sale Price $309,167 $(309,167) Average Sale $/Ft $176 $(176) Average Days on Mkt 85 (85)
one las vegas One Las Vegas is located on the world-famous Las Vegas Boulevard just south of McCarran International Airport. This condo community offers a multi-floor fitness center, ownerâ&#x20AC;&#x2122;s lounge and social area, and an elegant pool and spa complex.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 25 18 7 Number of Sales 5 5 0 Average Sale Price $403,900 $422,920 $(19,020) Average Sale $/Ft $280 $290 $(10) Average Days on Mkt 5 30 (25)
the ogden Bordering the newly redeveloped Fremont East Entertainment District, this development has been home to many of the people shaping the renaissance of the Las Vegas downtown. As downtown Las Vegas continues to evolve as the new epicenter for high tech businesses, special events and cultural activities.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 22 6 16 Number of Sales 2 2 Average Sale Price $520,000 $520,000 Average Sale $/Ft $293 $293 Average Days on Mkt 116 116
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newport lofts These contemporary lofts are the highlight of the downtown residential scene. Located in the renaissance of the downtown area.Featuring open floor plans owners have a view of the Las Vegas Strip and surrounding city.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 7 1 6 Number of Sales 1 1 0 Average Sale Price $550,000 $265,000 $285,000 Average Sale $/Ft $289 $252 $37 Average Days on Mkt 13 19 (6)
soho lofts Leading the way in the downtown redevelopment, this loft development continues to play an iconic role in the next phase of the downtown renaissance.
2020 2019 March 17 - April 17 March 17 - April 17 Change New Listings 2 2 0 Number of Sales 2 -2 Average Sale Price $315,500 $(315,500) Average Sale $/Ft $236 $(236) Average Days on Mkt 39 (39)
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listings of distinction
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2312 pearl crest
$1,695,000 | 5,331 sq ft | 5 beds | 5 baths
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SYNERGYSIR.COM
synergysir.com Summerlin • 10100 W Charleston Blvd., Suite 160, Las Vegas, NV 89135 • Next to Vintner Grill MacDonald Highlands • 552 S Stephanie St, Henderson, NV 89012 • Inside DragonRidge Country Club Green Valley • 120 S Green Valley Pkwy., Suite 154, Henderson, NV 89012 • Next to Whole Foods Lake Las Vegas •2030 Lake Las Vegas Pkwy, Henderson, NV 89011 • Next to The Westin
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