The Corcoran Report ANNUAL | 2021 | L AS VEGAS HIGH RISE
VegasLuxuryHomes.com
L A S V EG A S HI GH R I SE
A NN UA L 2 021 | L A S V EG A S HI GH R I SE
Overview Total Sold
Highest Sale
12 1. 8 % Y E A R OV E R Y E A R
2 61.1% Y E A R OV E R Y E A R
1,293
$16.3M
Total properties sold for Las Vegas High Rise changed 121.8% year-over-year to 1,293.
The highest sale price in Las Vegas High Rise changed 261.1% year-over-year to $16.3M.
Days on Market
Lowest Sale
78
$110K
-11. 4% Y E A R OV E R Y E A R
10 . 0 % Y E A R OV E R Y E A R
Average days on market for Las Vegas High Rise changed -11.4% to 78 days.
The lowest sale price in Las Vegas High Rise changed 10.0% year-over-year to $110K.
Median Price
Average Price
$360K
$529K
Median price in Las Vegas High Rise changed 2.9% year-over-year to $360K.
Average price in Las Vegas High Rise changed 6.8% year-over-year to $529K.
2 .9 % Y E A R OV E R Y E A R
6 . 8 % Y E A R OV E R Y E A R
A NN UA L 2 021 | WA L D O R F - A S TO R I A | L A S V EG A S HI GH R I SE
Waldorf-Astoria • Waldorf-Astoria sales changed by 112.5% year-over-year. • The highest sale price changed by -6.7% year-over-year, while the lowest sale price changed -12.1% year-over-year. • Average days on market for Waldorf-Astoria changed 29.5% to 79 days. • Waldorf-Astoria average price changed -7.4% year-over-year, and the median price changed -13.1% year-over-year.
Total Properties Sold
Average Price
Highest Sale
34
$2.1M
$4.2M
112 . 5% Y E AR OV ER Y E AR
-7.4% Y E AR OV ER Y E AR
- 6.7% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
79
$1.9M
$835K
2 9. 5% Y E AR OV ER Y E AR
-13.1% Y E AR OV ER Y E AR
-12 .1% Y E AR OV ER Y E AR
A NN UA L 2 021 | PA R K TOW ER S | L A S V EG A S HI GH R I SE
Park Towers • Park Towers sales changed by 250.0% year-over-year. • The highest sale price changed by 147.2% year-over-year, while the lowest sale price changed -44.6% year-over-year. • Average days on market for Park Towers changed -19.9% to 133 days. • Park Towers average price changed 1.4% year-over-year, and the median price changed 549.4% year-over-year.
Total Properties Sold
Average Price
Highest Sale
7
$2.0M
$5.5M
250.0 % Y E AR OV ER Y E AR
1.4% Y E AR OV ER Y E AR
147. 2 % Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
133
$1.3M
$900K
-19.9 % Y E AR OV ER Y E AR
549.4% Y E AR OV ER Y E AR
- 4 4.6% Y E AR OV ER Y E AR
A NN UA L 2 021 | V EER TOW ER S | L A S V EG A S HI GH R I SE
Veer Towers • Veer Towers sales changed by 61.1% year-over-year. • The highest sale price changed by 48.7% year-over-year, while the lowest sale price changed 15.6% year-over-year. • Average days on market for Veer Towers changed -13.8% to 94 days. • Veer Towers average price changed 15.9% year-over-year, and the median price changed 20.6% year-over-year.
Total Properties Sold
Average Price
Highest Sale
58
$714K
$2.9M
61.1% Y E AR OV ER Y E AR
15.9 % Y E AR OV ER Y E AR
4 8.7% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
94
$565K $260K
-13.8% Y E AR OV ER Y E AR
20.6% Y E AR OV ER Y E AR
15.6% Y E AR OV ER Y E AR
A NN UA L 2 021 | O NE Q U EENSR I D GE | L A S V EG A S HI GH R I SE
One Queensridge • One Queensridge sales changed by 250.0% year-over-year. • The highest sale price changed by 12.5% year-over-year, while the lowest sale price changed 1.6% year-over-year. • Average days on market for One Queensridge changed -27.3% to 112 days. • One Queensridge average price changed 9.2% year-over-year, and the median price changed 3.7% year-over-year.
Total Properties Sold
Average Price
Highest Sale
35
$1.7M
$4.5M
250.0 % Y E AR OV ER Y E AR
9. 2 % Y E AR OV ER Y E AR
12 . 5% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
112
$1.3M
$625K
-27. 3% Y E AR OV ER Y E AR
3.7% Y E AR OV ER Y E AR
1.6% Y E AR OV ER Y E AR
A NN UA L 2 021 | TR U M P TOW ER | L A S V EG A S HI GH R I SE
Trump Tower • Trump Tower sales changed by 203.7% year-over-year. • The highest sale price changed by -45.2% year-over-year, while the lowest sale price changed -3.7% year-over-year. • Average days on market for Trump Tower changed -100.0% to 117 days. • Trump Tower average price changed -24.7% year-over-year, and the median price changed 1.8% year-over-year.
Total Properties Sold
Average Price
Highest Sale
82
$287K
$920K
203.7% Y E AR OV ER Y E AR
-24.7% Y E AR OV ER Y E AR
- 4 5. 2 % Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
117
$229K $161K
-10 0.0 % Y E AR OV ER Y E AR
1.8% Y E AR OV ER Y E AR
- 3.7% Y E AR OV ER Y E AR
A NN UA L 2 021 | V DA R A | L A S V EG A S HI GH R I SE
Vdara • Vdara sales changed by 433.3% year-over-year. • The highest sale price changed by 7.2% year-over-year, while the lowest sale price changed 1.4% year-over-year. • Average days on market for Vdara changed 327.1% to 205 days. • Vdara average price changed -92.0% year-over-year, and the median price changed -29.4% year-over-year.
Total Properties Sold
Average Price
Highest Sale
16
$512K
$965K
4 33. 3% Y E AR OV ER Y E AR
-9 2 .0 % Y E AR OV ER Y E AR
7. 2 % Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
205
$470K $365K
327.1% Y E AR OV ER Y E AR
-2 9.4% Y E AR OV ER Y E AR
1.4% Y E AR OV ER Y E AR
A NN UA L 2 021 | SI GN AT U R E M G M | L A S V EG A S HI GH R I SE
Signature MGM • Signature MGM sales changed by 255.3% year-over-year. • The highest sale price changed by 18.6% year-over-year, while the lowest sale price changed -0.5% year-over-year. • Average days on market for Signature MGM changed -26.4% to 78 days. • Signature MGM average price changed 16.0% year-over-year, and the median price changed 7.8% year-over-year.
Total Properties Sold
Average Price
Highest Sale
167
$311K
$780K
255. 3% Y E AR OV ER Y E AR
16.0 % Y E AR OV ER Y E AR
18.6% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
78
$275K
$184K
-26.4% Y E AR OV ER Y E AR
7.8% Y E AR OV ER Y E AR
- 0. 5% Y E AR OV ER Y E AR
A NN UA L 2 021 | PA L M S PL ACE | L A S V EG A S HI GH R I SE
Palms Place • Palms Place sales changed by 32.0% year-over-year. • The highest sale price changed by -51.4% year-over-year, while the lowest sale price changed 9.1% year-over-year. • Average days on market for Palms Place changed -24.3% to 56 days. • Palms Place average price changed 1.1% year-over-year, and the median price changed 2.1% year-over-year.
Total Properties Sold
Average Price
66
$282K $595K
32 .0 % Y E AR OV ER Y E AR
1.1% Y E AR OV ER Y E AR
- 51.4% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
56
$245K $180K
-24. 3% Y E AR OV ER Y E AR
2 .1% Y E AR OV ER Y E AR
Highest Sale
9.1% Y E AR OV ER Y E AR
A NN UA L 2 021 | SK Y L A S V EG A S | L A S V EG A S HI GH R I SE
Sky Las Vegas • Sky Las Vegas sales changed by 166.7% year-over-year. • The highest sale price changed by 443.8% year-over-year, while the lowest sale price changed 4.2% year-over-year. • Average days on market for Sky Las Vegas changed -22.0% to 71 days. • Sky Las Vegas average price changed 25.1% year-over-year, and the median price changed 19.7% year-over-year.
Total Properties Sold
Average Price
48
$539K $4.4M
16 6.7% Y E AR OV ER Y E AR
25.1% Y E AR OV ER Y E AR
4 4 3.8% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
71
$428K $254K
-22 .0 % Y E AR OV ER Y E AR
19.7% Y E AR OV ER Y E AR
Highest Sale
4. 2 % Y E AR OV ER Y E AR
A NN UA L 2 021 | T U R NB ER RY PL ACE | L A S V EG A S HI GH R I SE
Turnberry Place • Turnberry Place sales changed by 122.0% year-over-year. • The highest sale price changed by -25.3% year-over-year, while the lowest sale price changed -6.0% year-over-year. • Average days on market for Turnberry Place changed -45.2% to 74 days. • Turnberry Place average price changed -14.6% year-over-year, and the median price changed -10.7% year-over-year.
Total Properties Sold
Average Price
Highest Sale
91
$814K
$2.8M
122 .0 % Y E AR OV ER Y E AR
-14.6% Y E AR OV ER Y E AR
-25. 3% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
74
$625K $315K
- 4 5. 2 % Y E AR OV ER Y E AR
-10.7% Y E AR OV ER Y E AR
- 6.0 % Y E AR OV ER Y E AR
A NN UA L 2 021 | T U R NB ER RY TOW ER S | L A S V EG A S HI GH R I SE
Turnberry Towers • Turnberry Towers sales changed by 100.0% year-over-year. • The highest sale price changed by 39.7% year-over-year, while the lowest sale price changed 2.4% year-over-year. • Average days on market for Turnberry Towers changed -43.7% to 49 days. • Turnberry Towers average price changed 0.7% year-over-year, and the median price changed -10.8% year-over-year.
Total Properties Sold
Average Price
90
$488K $1.0M
10 0.0 % Y E AR OV ER Y E AR
0.7% Y E AR OV ER Y E AR
39.7% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
49
$478K $256K
- 4 3.7% Y E AR OV ER Y E AR
-10.8% Y E AR OV ER Y E AR
Highest Sale
2 .4% Y E AR OV ER Y E AR
A NN UA L 2 021 | A L LU R E | L A S V EG A S HI GH R I SE
Allure • Allure sales changed by 186.4% year-over-year. • The highest sale price changed by 111.5% year-over-year, while the lowest sale price changed -6.7% year-over-year. • Average days on market for Allure changed -13.0% to 60 days. • Allure average price changed 21.3% year-over-year, and the median price changed 21.2% year-over-year.
Total Properties Sold
Average Price
Highest Sale
63
$331K
$920K
18 6.4% Y E AR OV ER Y E AR
21. 3% Y E AR OV ER Y E AR
111. 5% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
60
$315K
$182K
-13.0 % Y E AR OV ER Y E AR
21. 2 % Y E AR OV ER Y E AR
- 6.7% Y E AR OV ER Y E AR
A NN UA L 2 021 | PA N O R A M A TOW ER S | L A S V EG A S HI GH R I SE
Panorama Towers • Panorama Towers sales changed by 125.8% year-over-year. • The highest sale price changed by -18.2% year-over-year, while the lowest sale price changed -8.9% year-over-year. • Average days on market for Panorama Towers changed -28.1% to 64 days. • Panorama Towers average price changed 7.4% year-over-year, and the median price changed 8.8% year-over-year.
Total Properties Sold
Average Price
70
$565K $1.4M
125.8% Y E AR OV ER Y E AR
7.4% Y E AR OV ER Y E AR
-18. 2 % Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
64
$463K $255K
-28.1% Y E AR OV ER Y E AR
8.8% Y E AR OV ER Y E AR
Highest Sale
- 8.9 % Y E AR OV ER Y E AR
A NN UA L 2 021 | THE M A R TIN | L A S V EG A S HI GH R I SE
The Martin • The Martin sales changed by 28.6% year-over-year. • The highest sale price changed by 1,377.3% year-over-year, while the lowest sale price changed -1.5% year-over-year. • Average days on market for The Martin changed -20.2% to 71 days. • The Martin average price changed 123.0% year-over-year, and the median price changed 16.7% year-over-year.
Total Properties Sold
Average Price
Highest Sale
45
$1.1M
$16.3M
28.6% Y E AR OV ER Y E AR
123.0 % Y E AR OV ER Y E AR
1, 377. 3% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
71
$490K $296K
-20. 2 % Y E AR OV ER Y E AR
16.7% Y E AR OV ER Y E AR
-1. 5% Y E AR OV ER Y E AR
A NN UA L 2 021 | M E TRO P O L I S | L A S V EG A S HI GH R I SE
Metropolis • Metropolis sales changed by 600.0% year-over-year. • The highest sale price changed by 45.6% year-over-year, while the lowest sale price changed -62.0% year-over-year. • Average days on market for Metropolis changed -18.5% to 106 days. • Metropolis average price changed -6.5% year-over-year, and the median price changed 3.6% year-over-year.
Total Properties Sold
Average Price
Highest Sale
7
$519K
$808K
6 0 0.0 % Y E AR OV ER Y E AR
- 6. 5% Y E AR OV ER Y E AR
4 5.6% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
106
$575K
$211K
-18. 5% Y E AR OV ER Y E AR
3.6% Y E AR OV ER Y E AR
- 62 .0 % Y E AR OV ER Y E AR
A NN UA L 2 021 | R EGEN C Y TOW ER S | L A S V EG A S HI GH R I SE
Regency Towers • Regency Towers sales changed by 171.4% year-over-year. • The highest sale price changed by 163.9% year-over-year, while the lowest sale price changed -15.5% year-over-year. • Average days on market for Regency Towers changed 28.2% to 91 days. • Regency Towers average price changed 21.8% year-over-year, and the median price changed 17.3% year-over-year.
Total Properties Sold
Average Price
38
$348K $1.1M
171.4% Y E AR OV ER Y E AR
21.8% Y E AR OV ER Y E AR
16 3.9 % Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
91
$342K $118K
28. 2 % Y E AR OV ER Y E AR
17. 3% Y E AR OV ER Y E AR
Highest Sale
-15. 5% Y E AR OV ER Y E AR
A NN UA L 2 021 | O NE L A S V EG A S | L A S V EG A S HI GH R I SE
One Las Vegas • One Las Vegas sales changed by 41.3% year-over-year. • The highest sale price changed by 62.5% year-over-year, while the lowest sale price changed 43.4% year-over-year. • Average days on market for One Las Vegas changed 62.1% to 94 days. • One Las Vegas average price changed -11.4% year-over-year, and the median price changed 8.4% year-over-year.
Total Properties Sold
Average Price
Highest Sale
65
$441K
$1.3M
41. 3% Y E AR OV ER Y E AR
-11.4% Y E AR OV ER Y E AR
62 . 5% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
94
$420K $273K
62 .1% Y E AR OV ER Y E AR
8.4% Y E AR OV ER Y E AR
4 3.4% Y E AR OV ER Y E AR
A NN UA L 2 021 | THE O G DEN | L A S V EG A S HI GH R I SE
The Ogden • The Ogden sales changed by 21.4% year-over-year. • The highest sale price changed by 44.3% year-over-year, while the lowest sale price changed -4.6% year-over-year. • Average days on market for The Ogden changed -1.3% to 76 days. • The Ogden average price changed -0.8% year-over-year, and the median price changed -10.4% year-over-year.
Total Properties Sold
Average Price
34
$404K $850K
21.4% Y E AR OV ER Y E AR
- 0.8% Y E AR OV ER Y E AR
4 4. 3% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
76
$372K
$248K
-1. 3% Y E AR OV ER Y E AR
-10.4% Y E AR OV ER Y E AR
Highest Sale
- 4.6% Y E AR OV ER Y E AR
A NN UA L 2 021 | NE W P O R T LO F T S | L A S V EG A S HI GH R I SE
Newport Lofts • Newport Lofts sales changed by 69.2% year-over-year. • The highest sale price changed by 52.7% year-over-year, while the lowest sale price changed -7.7% year-over-year. • Average days on market for Newport Lofts changed -15.2% to 39 days. • Newport Lofts average price changed 27.9% year-over-year, and the median price changed 16.7% year-over-year.
Total Properties Sold
Average Price
22
$447K $840K
69. 2 % Y E AR OV ER Y E AR
27.9 % Y E AR OV ER Y E AR
52 .7% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
39
$438K $217K
-15. 2 % Y E AR OV ER Y E AR
16.7% Y E AR OV ER Y E AR
Highest Sale
-7.7% Y E AR OV ER Y E AR
A NN UA L 2 021 | SO H O LO F T S | L A S V EG A S HI GH R I SE
Soho Lofts • Soho Lofts sales changed by 325.0% year-over-year. • The highest sale price changed by 36.8% year-over-year, while the lowest sale price changed 10.9% year-over-year. • Average days on market for Soho Lofts changed -23.5% to 52 days. • Soho Lofts average price changed 22.7% year-over-year, and the median price changed 19.9% year-over-year.
Total Properties Sold
Average Price
17
$389K $465K
325.0 % Y E AR OV ER Y E AR
22 .7% Y E AR OV ER Y E AR
3 6.8% Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
52
$380K $327K
-23. 5% Y E AR OV ER Y E AR
19.9 % Y E AR OV ER Y E AR
Highest Sale
10.9 % Y E AR OV ER Y E AR
A NN UA L 2 021 | J U HL | L A S V EG A S HI GH R I SE
Juhl • Juhl sales changed by 130.0% year-over-year. • The highest sale price changed by 9.9% year-over-year, while the lowest sale price changed -1.5% year-over-year. • Average days on market for Juhl changed 61.1% to 29 days. • Juhl average price changed -1.6% year-over-year, and the median price changed 11.5% year-over-year.
Total Properties Sold
Average Price
Highest Sale
69
$377K
$1.1M
13 0.0 % Y E AR OV ER Y E AR
-1.6% Y E AR OV ER Y E AR
9.9 % Y E AR OV ER Y E AR
Days on Market
Median Price
Lowest Sale
29
$390K $197K
61.1% Y E AR OV ER Y E AR
11. 5% Y E AR OV ER Y E AR
-1. 5% Y E AR OV ER Y E AR
Methodology The Corcoran Report offers current and valuable information regarding the local market. Each region reported on is broken down by neighborhood and contains specific details and insights related to that market. METR I C S
TOTAL PROPERTIES SOLD is the total number of properties
MEDIAN PRICE is the middle or midpoint price where half of
that closed within the quarter reported.
sales fall below and half fall above this number.
HIGHEST SALE is the highest priced property that was sold in
DAYS ON MARKET averages how long a unit takes to sell and is
the area being reported on during the quarter reported.
calculated from subtracting the list date from the date of close.
LOWEST SALE is the lowest priced property that was sold in the area being reported on during the quarter reported.
SOURCE Figures in this report are based on publicly reported closed sales information via the Multiple Listing Service.
AVERAGE PRICE is the price calculated by dividing the combined prices of properties by the amount of sold properties in that same area.
D I SCL AI MER ©2022 Corcoran Global Living. 1980 Festival Plaza Drive, Suite 460, Las Vegas, NV 89135. CA DRE# 02109201; NV B.1000747; OH REC.2021004219. All rights reserved. Corcoran® and the Corcoran Logo are registered service marks owned by Corcoran Group LLC. Corcoran Global Living fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Real estate agents affiliated with Corcoran Global Living are independent contractors and are not employees of Corcoran Global Living. Each office is independently owned and operated. All material presented herein is intended for information purposes only and has been compiled from sources deemed reliable. Based on information from Multiple Listing Servic. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Though information is believed to be correct, it is presented subject to errors, omissions, changes or withdrawal notice.