History of price cuts at Residences at Mandarin Oriental Hotel at City Center, Las Vegas is bewildering and by that I mean significant price cuts were made in October-2009 that in some cases was reversed to a degree a month later.
City Center or CityCenter, Mandarin Oriental condos price cuts
| Condo, Square Foot | Bed-Bath | Original price | Price Cut Oct-2009 | Current price | Percent price cut | |
| 3910 | 3, 3.5 | $6,000,000 | $3,856,000 | $5947,000 | 1% | |
| 2652 | 2, 2.5 | $4,000,000 | $2904,000 | $3,150,000 | 21% | |
| 2605 | 2, 2.5 | $3,000,000 | $2,129,000 | $2,590,000 | 14% | |
| 1529 | 1, 2 | $2,000,000 | $1,058,000 | $1,620,000 | 19% | |
| 1105 | 1, 2 | $2,000,000 | $1,101,000 | $1,041,000 | 48% |
Now you see why I call these prices bewildering and while news organizations report 30% price cuts across the board at City Center or CityCenter Las Vegas, price cuts are not uniform at all. The other point is why a 1529 square foot luxury condominium should be priced the same as a 1105 square foot condo in the same building, unless Salestraq which is the new homes and condos MLS in Las Vegas has the wrong original price.
I will discuss Residence at Mandarin Oriental at City Center luxury condos for sale that are listed in Las Vegas MLS by the builder next
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