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Saturday, December 31, 2016

Palms Place Condos Las Vegas Year End Market Wrap Up

2017 Palm Place Market Update

Aside from the $22 million Founders Palms Place Penthouse for Sale, there are 34 condos on the market ranging in price from $182,500 for a studio to $675k for a 1 bedroom studio combo.

There are currently 6 Palms Place condos in escrow.  One is a studio short sale listed at $125k that is sure to sell at a higher price than list.  All other Palms Place condos in escrow are 1 bedroom unit, which are corners. List prices for these 1220 sq. ft. fully furnished units range from $260k to $369.

73 Palms Place condos have sold in the last 6 months of 2016. This strong sales velocity was in large part due to the bulk buyer's sell out and strong incentive offerings.

For more info on all Palms Place Condos for Sale - CLICK HERE.