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ALLURE LAS VEGAS JANUARY 2018 Market Wrap Up

As we begin the New Year, there are 22 condos for sale at Allure Las Vegas ranging in price from a low of $188k to a high of $ 509k.  Last year, there were 24 condos sold at Allure.  These sales included one penthouse that sold for $1,679,200.  If we extract that sale from the mix, the rest of the condos that sold at Allure were priced from $155k-$370k.

In analyzing these statistics, it is clear that Allure has some of the lowest prices per square foot of any high rise condo tower in Las Vegas. 

CLICK HERE TO SEE ALL ALLURE LAS VEGAS CONDOS FOR SALE



Years ago, the ALLURE HOA Board opted to change the minimum rental time for owners from 6 months to one year.  This lack of flexibility in rental time frame could be a contributing factory to the sluggish sales velocity that the tower experiences.  That plus the North end of the Strip location.
This month, The Red Dragon, which sits adjacent to Allure laid off all casino workers.  They are keeping the hotel open, but all gaming has been clo…

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2015 ALLURE LAS VEGAS CONDOS FOR SALE