Veer Towers Condo Listings For Sale – June 2022
As of July 13th, 2022, per the Multiple Listing Service, there were 33 high-rise condos listings at Veer Towers. In comparison to the inventory update I did in April, there were 25 listings for sale. While this isn’t a huge increase, it is expected. Overall, inventory is up across the United States. With interest rates doubling, inflation, and other factors, it’s time for sellers of luxury properties to come back to Earth. The good news is that I’m using the change in the market to help those interested in buying real estate. While we’re nowhere close to being a buyer’s market, there’s MANY more properties to choose from. Not to mention it was almost IMPOSSIBLE to even get a deal excepted over the last year. A market that is generating 30% appreciation and 30 offers all over list price is NOT a healthy market. Out of the 33 current active condominium listings at Veer Towers:
- Listing prices ranged from $310,000 to $5,500,000
- 9 properties were listed $500k and under
- 9 listings were priced between the $1 and $2 million range
- 1 condo (a true penthouse) was listed above the $5 million mark ($5.5m)
What You Need To Know
Pertaining to high-rise condominiums on the Las Vegas Strip, did you know that there’s only 3 RESIDENTIAL projects? Those would be Sky, Veer Towers, and the Waldorf Astoria at MGM MIRAGE CityCenter. Contrary to what you may have heard, Cosmopolitan, Trump Tower, and Vdara are CONDOTEL buildings. Additionally, Panorama Towers, Turnberry Place, Turnberry Towers, and Regency Towers are NOT on the Las Vegas Strip. Lastly, the first high-rise condo project since the 2008 crash has been announce. That project is Pinnacle Residences in MacDonald Highlands. Set to break ground this summer (exciting), I’m currently adding names to my VIP Interest List. Feel free to reach out to me should you want to learn more about ANY of the above projects. Thanks for reading LUXE BLOG.