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Sunday, September 3, 2017

September 2017 Market Snapshot

Palms Place Condos Market Wrap as of Labor Day Weekend

Inventory is quite thin, with only 17 condos available for sale as of Sept. 3rd. Of these, 8 are 1 bedroom condos and 9 are studios. Studios are priced from $220k to $260k.  At Palms Place, the even numbered units face the Strip and the odd numbered units face the mountains (west).

There are 2 condos in escrow - one studio and 1 One Bedroom.

7 condos were sold in the past 30 days, of these all were studios except one.  The studios that sold were priced from $180k to $245k, and the one bedroom sold for $340k.


Thursday, June 22, 2017

Summer 2017 Palms Place Market Update

There are currently 15 Palms Place condos for sale as of this writing.  8 are studios.

There are 10 units currently under contract. 3 are one bedroom units and the rest are studios.

And a whopping 27 units were sold over the past 90 days.

Sales at Palms Place have been strong, as have sales at Panorama Towers and The Martin.  This is probably due to the announcement of the new Raiders Stadium that will be built a quick 10 minute drive from these properties.

To see what the current inventory is at Palms Place:



Saturday, April 1, 2017

Palms Place 1st Quarter Market Report

Palms Place Condos Las Vegas 2017 Stats

There are 28 condos on the market ranging in price from $195,000 for a studio to $1,488,000 for a penthouse on the 55th floor.

There are currently 12 Palms Place condos in escrow. Of these 12, all are studios except for two one bedroom 1220 sq. ft corner units priced in the $300k's

16 Palms Place condos have sold in the first 3 months of 2017. This strong sales velocity may be due to the announcement that the Raiders Stadium will be completed in 2020.  It is a quick trip from Palms Place to the proposed Stadium sites via Dean Martin Drive.

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

If you are considering Buying a Palms Place Condo, you may also want to consider MGM SIGNATURE CONDOS.   They are similar in flexibilty as far as use goes.