With one of its strongest first quarters since 2018, High Rise sales continue to surge in 2021 due in part to a shortage of single-family home inventory alongside the demand for leisure travel. Sales activity is spilling over to the high rise sector, pushing buyers to consider alternatives like condo living. Tourism is also steadily rising as shown in data from the Las Vegas Convention and Visitors Authority compared to the prior year. As of April 2021:
- Visitor Volume increased by 2,307%
- McCarran Airport Traffic increased by 1,806.5%
- Midweek Hotel Occupancy reached 57.9%
- Weekend Hotel Occupancy reached 83.5%
If you’re thinking of listing your unit or buying, contact us today or email email@example.com to set up a free strategy session with our high rise specialists.
Please click below on any condo-hotel to access its corresponding June 2021 Sales Report.