Las Vegas High-Rise Condominiums
New and Resale
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Price Reduced – Information on all listed properties with price reductions over the last 30 days.
Sold Listings – Information on all closed sales over the last two weeks.
The results you receive by clicking on the links above should produce only currently available properties. This information is updated every 24 hours. Note that I have added a search for all properties having sold over the last two weeks.
There was a tremendous surge in actual and proposed high-rise projects in the Las Vegas area over the last few years. Excluding time shares and casino projects, there were at least 95 developments proposed. At one point, over 40,000 new units were projected. Of all the proposed,, many never got built
Having said this, there are opportunities out there for the prudent buyer, but you really need to be careful. Feel free to contact me with any questions you may have. The median price of high-rise closings has risen (see below), but is still my most estimates roughly 57% of any replacement cost. Most analysis I read indicates that a selling price of $600 a sq. ft. would be necessary to build a new high-rise from dirt. My contact information is at the bottom of the page. Feel free to email or call me with any questions.
As of August 16, 2021 there have been 699 closed high-rise sales per the local MLS over the last six month period. That is a 78% increase from the same figures calculated March, 2021 There are 342 high-rise properties currently listed. That is a 42% decrease, also, from March 2021. There is now just over a two month inventory at the present rate of sale. March 2021 there was a 8.6 month inventory The median price per sq. ft for all the high-rise closings over the last six months was $341. That is up around 20 dollars per sq. ft. from the same statistic I computed in March 2021. This market had been relatively flat during the pandemic, however over the last 5 1/2 months sales have accelerated and inventories have reduced substantially.
Existing high-rise condo developments in Las Vegas
For more information on each of these below projects including links to information on currently listed resales in most of these communities, click on the highlighted links below.
This information last updated 7/16/2021
Allure Condos* – This newer development is located just west of the Strip on Sahara. 427 units have been built on 41 floors. Homes sizes range from 671 to 4,400 sq. ft. Resale list prices average $324 per sq. ft.
Boca Raton – This project is on the south Strip. There will be 756 units in all in four, seven story towers. Home sizes ranging from 593 to 2,413 sq. ft. Resale list prices average $309 per sq. ft. Recorded as Palm Beach Resort.
Juhl Lofts* – This 341 unit development is located in the central/downtown area. Home sizes range from 584 to 1,728 sq. ft. A few units have recorded here to individual buyers, but most of the units, 309, were sold to a single entity in April, 2012. KRE group purchased the unsold units this last year and plan on releasing them for sale in blocks over the next 4 years. Resale list prices average $334 per sq. ft.
Marie Antoinette – Located at the southeast corner of Koval and Flamingo, just east of the strip. The development comprises 140 units on 10 floors and was constructed in the mid 1970’s. Units range from 621 to 1556 sq. ft. This development is two blocks from the strip. Al Pacino owned a property here at one time. Resale list prices average $235 per sq. ft.
Metropolis – This newer high-rise is located on E. Desert Inn. All units are built in a loft style and face to the south, across from the Wynn/Le Rev golf course, with most having strip views. 71 units were built in all ranging from 877 to 5,467 sq. ft. This building has very much of an art deco look. Resale list prices average $351 per sq. ft.
MGM City Center* – 8 billion dollar mixed use development including 2 condominium and one condo-hotel option. Located just to the south of Bellagio, fronting the Strip and backing to the Interstate 15. Largest development of its kind possibly anywhere.
MGM Grand Residences Turnberry – This is a condo/hotel It is currently the only existing condominium-hotel connected to a major resort on the Strip. There are two floor plans available in three buildings. Resale list prices average $472 per sq. ft.
Newport Lofts* – Downtown area high-rise. 168 units on 24 floors. Homes sizes range from 911 to 3,052 sq. ft. Units start on the 8th floor with parking below. Resale list prices average $324 per sq. ft.
One Las Vegas* – This is a very ambitious project located approximately 2 1/2 miles south of the airport just off of Las Vegas Blvd. Several thousand units were projected ranging in size from 831 to 2,857 sq. ft. KRE group purchased the unsold units this last year and plan on releasing them for sale in blocks over the next 5 years. Resale list prices average $311 per sq. ft.
One Queensridge Place* – This development is located well off the Strip at Rampart and Alta. Units are between 2,000 sq. ft. and 16,000 sq. ft. Resale list prices average $453 per sq. ft.
Palms Place* – 599 unit condo/hotel located in the same complex as the Palms Hotel on W. Flamingo. Units range from 615 to 6,230 sq. ft. Resale list prices average $414 per sq. ft.
Panorama Towers* – Three tower development just west of the I15 and the Strip. 854 units completed. This includes the 3rd tower called The Martin. Homes range in size from 732 to 6,900 sq. ft. Resale list prices average $413 per sq. ft.
Park Towers – This project is located in the Hughes Center north and west of Flamingo and Paradise. 84 units were built in all. These were completed in 2000 and 2001. Sizes range from 2,055 to 9,024 sq. ft. More units were anticipated, but some of the prospective buyer’s wanted larger homes with some taking over an entire floor. This was the first of the new breed of high-rise developments in the Las Vegas area. Resale list prices average $679 per sq. ft.
Platinum Resort Condo – Condo/Hotel with 255 units located on Flamingo, two blocks east of the strip. Home sizes range from 739 to 2,194 sq. ft. Resale list prices average $174 per sq. ft.
Regency Towers – This project was built inside the grounds of the Las Vegas Country Club, north and west from Desert Inn and Paradise.. 218 units were built in all. The standard floor plans range from 584 to 2208 sq. ft. with 8 customized units ranging from 2408 to 5938 sq. ft. This complex was completed in 1974. Resale list prices average $234 per sq. ft.
Soho Lofts – This is a newer completed high-rise development of 122 units. They range in size from 1,277 sq. ft. to 5,206 sq. ft. All units are, with variations, done in the loft style with high ceilings and few separations between rooms. The location of this high-rise is on Las Vegas Blvd., roughly half way between the Stratosphere and Fremont St. This was the first local high-rise to be constructed north of Sahara. Resale list prices average $264 per sq. ft.
Sky Las Vegas* – This 409 unit development is located across the street from once was the Sahara hotel location on Las Vegas Blvd. Home sizes range from 778 to 5000+ sq. ft. One of the newer high-rise developments on the Strip. Resale list prices average $347 per sq. ft.
The Ogden formerly Streamline Tower* – 21 story building with 277 units ranging in size from 854 to 2,044 sq. ft. It is located one block north of the Fremont Street Experience, downtown. Homes average list price is $349 per sq. ft.
Trump Tower* – New condo/hotel with 64 floors and 1,282 units. They range in size from 550 to 3,000 sq. ft. This development is located just north of the Fashion Show Mall and one block to the west of the Strip. Resale list prices average $533 per sq. ft.
Turnberry Place – Units range from 1,179 to over 9,000 sq. ft. Resale list prices average $366 per sq. ft.
Turnberry Towers*- Two towers built with homes ranging from 814 to 1,937 sq. ft. Both new and resales are available here. Resale list prices average $402 per sq. ft.
Wimbledon Tennis Club – This project consists of 114 units on 10 floors. It was built in the mid 1970’s and is located on the east side, near Flamingo and Swenson, about a mile and one-half from the strip. It is in an area of older apartment and condominium developments. It is guard gated as are all the above developments. Home sizes range from 1,080 to 1,483 sq. ft. Resale list prices average $148 per sq. ft.