March 2019 Newsletter Click here to view this email in a web browser.
| | 
| 
|
| |
|
|
| 
|
| February Basic Stats | by Myra Hatten, Coldwell Banker Premier Realty |
|
| Condo-Hotels
Palms Place Hotel & Spa
3 units sold in February
19 Suites currently on the market starting at $235,000
Average sales price: $287,333
Median price: $242,000
$/sq. ft.: $358.27
The Signature at MGM Grand
2 units sold in February
39 Suites currently on the market starting at $240,000
Average sales price: $290,000
Median price: $290,000
Average $/sq. ft.: $557.69
Trump International Hotel
5 units sold in February
45 Suites currently on the market starting at $225,000
Average sales price: $306,400
Median price: $315,000
Average $/sq. ft.: $502.72
Single Family Home
Inventory: 7,630
February closings: 1,825
Days on market: 45
Median price: $300,000 |
|
|
|
|
|
|
|
| 
|
| Las Vegas Home Price Appreciation |
| National average price appreciation – 5%
Nevada average price appreciation – 13%
2018 brought a dramatic increase in home value for Southern NV. The real estate market was boosted by the increase in population and employment. The US Census Bureau released that NV population increased by 2.1%, crossing the 3M mark. Las Vegas home value is predicted to continue to rise at just over 7% in 2019. |
|
|
|
|
|
|
|
| 
|
| Area 15 Project |
| The 40-acre project located behind Palace Station will offer 126,000 square-feet of customized retail space. A 40,000 square-foot indoor and outdoor event space is ideal for music events, festivals, and corporate events. The art collective known as Meow Wolf, based in Santa Fe, New Mexico, is a major part of the project. They will bring artists from all over the world to create a "one of a kind" experience. It’s retail, entertainment, and art redefined.
Website - https://area15.com/ |
|
|
|
|
|
|
|
| "In order to be irreplaceable, one must always be
different.”
- Coco Chanel |
|
|
|
|
|
|
|
| 
|
| Palms Place Suite 25321 |
| Property Type: High-rise
Bathrooms: 1/1
Year Built: 2006 |
| MLS #: 2044966
Square Feet: 1,220
List Price: $419,000 |
| Bedrooms: 1
Lot Size: 0 ac
Community: Palms Place |
| Enjoy this just completed, FULLY RENOVATED corner suite with open living & dining areas, with great views of the mountains, strip, & future Raiders stadium. Spectacular master suite with private balcony & marble bath. The renovation has been inspected & approved by Palms Management. New owner can elect to join the rental program, use the property for Airbnb or as a private suite. Ownership features access to gym & spa. Luxury 4-diamond living. |
|
|
|
|
|
|
| Las Vegas Events & Concerts |
| Mar 8: Justin Timberlake at the T-Mobile Arena
Mar 13-16: PAC-12 Men’s Basketball Tournament at the T-Mobile Arena
Mar 15: Il Divo at the Palms Hotel Palms Hotel
Mar 17-20: ASD (Affordable Shopping Destination) Market Week Winter 2019 at the Las Vegas Convention Center
Mar 30: Michael Buble at the T-Mobile Arena
Multiple dates: Gwen Stefani at the Planet Hollywood
Multiple dates: Cher at the Park Theater |
|
|
|
|
|
|
| Did you know? |
| Wild and Wacky Real Estate Laws
• Homes in Waldron, Washington cannot have more than two toilets.
• In Maryville, MO having furniture designed for indoor use, such as couch and recliners, on your porch is illegal.
• In California, buying real estate without water rights makes sewer and water hookups illegal.
• In Rhode Island, no property can be surrounded by a fence that is more than 6 feet tall.
• In Tempe, AZ no more than three unrelated people can live together in a single family home.
• In 1991, the Supreme Court of New York ruled that a seller must disclose if his or her property is considered to be haunted.
Source: https://ballenvegas.com/101-real-estate-facts/ |
|
|
|
|
|
| | |
|
| 
|
| © 2019 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. | An Equal Opportunity Company  Equal Housing Opportunity |
|
|
|
|
|
|
| |
|
|
|
| 
|
|
|
