The Las Vegas High Rise Market continues to recover! Overall high rise inventory has been cut down more than half over the past 4 months. Great deals have been harder to come by due to high demand and low supply. Vegas is now bustling seven days a week and we have data to show from the Las Vegas Convention and Visitors Authority compared to the prior year. As of May 2021:

• Visitor Volume increased by 1,802.3%
• McCarran Airport Traffic increased by 788.9%
• Midweek Hotel Occupancy reached 62.8%
• Weekend Hotel Occupancy reached 87.8%

As momentum picks back up, more investors are interested in all unit types, including many that are willing to pay a premium, specifically for strip-side units!

If you’re curious about the value of your high rise unit or thinking of selling, contact us to set up a free strategy session with our high rise specialists.

Please click below on any property to view its corresponding July 2021 sales report.

If you know anyone looking to buy or sell Las Vegas real estate, please contact us anytime with their name and contact information. We are always available to assist you or anyone you know!

Jim Brooks | The Brooks Team | eXp Realty | Lic# S.0055990