The 567 sales through the first three quarters won’t come close to matching the record highs in 20 when there were 1,159 and 944, respectively. That’s on par with the 180 sold during the third quarter of 2022 when interest rate increases started to accelerate. The high-rise condo market held steady during the third quarter despite elevated interest rates, but the arrival of high-net-worth visitors this past week for the Formula One race has prompted Realtors and a downtown developer of a 32-story project to seize the opportunity of those looking for a Las Vegas address.Īpplied Analysis reported there were 170 sales of high-rise condos among the 21 buildings tracked by the firm.
