We have just posted our latest update to the Las Vegas Luxury Condominium Market Report in association with Northcap. This report is another one-of-a-kind product serving a niche here in Clark County. While we don't here as much about this segment as we did some years ago, they are certainly still selling and renting units.
Comparing 1st quarter 2014 to 2015, Developer Unit sales were up nearly 20%. When we include re-sales and combine all sales the just was much less, about 3%. CityCenter properties Veer Towers and Mandarin Oriental held over 30% market share among condo-only properties while Palms Place had over 60% of sales in the condo-hotel segment.
The report also includes rental data such as average rent, rent/sqft, and average days-on-market. Both sales and rentals are broken down by unit-type as well.
Overall a great, unique tool for the high-end condominium segment. Download it today!