Las Vegas new condos for sale buying guide

Las Vegas new condo projects should increase significantly in the near future

Las Vegas new condos for sale projects lag far behind the single-family homes. This has been due to the big difference in price per square foot between new units and resale units.

With a couple of exceptions, price per square foot for new condominiums start at about $120. We started 2016 with the median price of resale condominiums at $88 per square foot, however only 18 months later it stood at about $110 per square foot.  So this problem is going away.

Additionally, new construction is directly proportional to the lack of resale condo listings in the MLS and we are in record low territory. So it is not unreasonable to expect significant increases in new condo construction all over the Valley.

Searching the MLS for Las Vegas new condos for sale listings:

To search for new condominiums please click the MLS advanced search. Under the search button, you will find the new condo search with two additional subcategories.

To be built means that the buyer picks a model and orders a new condo from scratch including flooring and upgrades. Under construction means builder’s standing inventory which is sold at a discount.

Unfortunately not all builders list their units in the MLS. Salestraq is another data base which has all listings but information provided is not as complete as MLS listings. Please find the link below and contact us for any other info on the listings.

Greater Las Vegas new condos for sale in Henderson for $250,000

Why you should be represented by a competent Realtor:

Only educated buyers end up with good deals. In order to make correct decision buyers should be aware of all of their choices. Additionally the builder’s asking price is not written in stone and depending on the market conditions buyers may be able to bargain with the builder.

However in order to intelligently bargain one has to access sold comps for new units which we can access.  We are widely known as an authority on the Las Vegas housing market and love to bargain, so you will be in good hands.

Additionally, if you think that the builder always builds the condo per contract specification, you better watch did the Las Vegas new home builder build the right home. In it, we discuss a condo that was built much smaller than promised by the builder as well as other examples.

Visiting the new condominium builder’s project:

If you visit the builder’s sales office without prior registration by your Realtor or without a Realtor accompanying you, then the builder will not allow your Realtor to represent you in the transaction.

Nevada law forbids builders to offer discounts due to lack of Realtor participation, so doing so does not cost you any less and in fact, could end up costing you more.

Making offers on Las Vegas new condos for sale

There isn’t any difference between making an offer on a resale or new condominiums. In both cases, the sales price should be based on comparable condominiums that have sold in recent months while adjusting prices based on the real estate market conditions. In both cases, the buyer should be able to bargain with the seller if the market allows it.

We have access to sold data for new condos which we provide to our clients. This along with the thorough understanding of the market conditions and trends will enable us to achieve a good deal for the buyer.

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Townhouse For Sale

916 Vast Basin Avenue, North Las Vegas, Nevada 89086

3Bedroom(s)
2Bathroom(s)
7Picture(s)
1,453Sqft
Located in master plan Tule Springs.
$253,190

Condominium For Sale

11270 HIDDEN PEAK Avenue, Las Vegas, Nevada 89135

2Bedroom(s)
2Bathroom(s)
31Picture(s)
1,342Sqft
*BRAND NEW* Stylish 2 bedroom, 2 1/2 Bath showcase home located in the heart of Summerlin; Home features a deck off the great room, quartz countertop, stainless steel Kitchen appliances; window coverings; & washer/dryer!
$349,900

Townhouse For Sale

4303 Veraz Street, Las Vegas, Nevada 89135

3Bedroom(s)
3Bathroom(s)
25Picture(s)
2,334Sqft
Join the movement! Sophisticated ranch plans with vertical casitas! Resort 55+ Lifestyle! 24 hour guard gated community. Outlook club with pool, jacuzzi, pickle ball, bocce, fitness, and movement studio; all within walking distance. Gorgeous home that has it all: space for entertaining, relaxing, and everything in between.
$611,016

Townhouse For Sale

5677 Warm Light Street, Las Vegas, Nevada 89118

3Bedroom(s)
2Bathroom(s)
22Picture(s)
1,713Sqft
Upgraded white cabs - 42" uppers, quartz kitchen and bath counters. Upgraded interior paint.. Washer/dryer and Stainless Steel stove, micro, DW, fridge. Downstairs all tile. Landscaped enclosed backyard w/10x12 paver patio. 9' ceiling downstairs. Energy efficient w/tankless water heater.
$314,750

Condominium For Sale

363 14th Street, Las Vegas, Nevada 89101

3Bedroom(s)
1Bathroom(s)
27Picture(s)
1,313Sqft
Brand new construction in Downtown Las Vegas! This newly finished second-floor unit features 3 bedrooms, 2 bathrooms, 1-car garage, manufactured-wood flooring in living areas, stainless steel appliances, quartz countertops, recessed lighting throughout; large, entertaining balcony for enjoying the beautiful Las Vegas weather. Convenient access to all that Downtown Las Vegas offers.
$285,000

Condominium For Sale

363 14th Street, Las Vegas, Nevada 89101

3Bedroom(s)
1Bathroom(s)
15Picture(s)
1,297Sqft
Brand new construction in Downtown Las Vegas! This newly finished first-floor unit features 3 bedrooms, 2 bathrooms, 1-car garage, manufactured-wood flooring in living areas, stainless steel appliances, quartz countertops, recessed lighting throughout; covered patio and fully landscaped backyard. Convenient access to all that Downtown Las Vegas offers.
$250,000

Condominium For Sale

11280 Granite Ridge, Las Vegas, Nevada 89135

4Bedroom(s)
2Bathroom(s)
42Picture(s)
3,274Sqft
Move-in ready Stunning luxury condo located in The Ridges. This 3,211 sq ft, 4 bed, 5 bath condo features an open floor plan, perfect for entertaining. The kitchen has beautiful SS appliances, granite counter tops and custom cabinets.The fireplace in the great room is great for many to gather and the one on the private upstairs terrace is the perfect cozy escape.
$999,995

Condominium For Sale

11280 Granite Ridge, Las Vegas, Nevada 89135

3Bedroom(s)
2Bathroom(s)
30Picture(s)
2,037Sqft
Exquisite Luxury condo located in the guard gated neighborhood of The Ridges, Fairway Hills. This single story condo accesses a private entrance overlooking a greenbelt. All the upgrades you can imagine! SS appliances, tile floors in the kitchen and a private 2 car garage. Everything about this home makes it great for entertaining or simply spending time at home.
$599,995

Condominium For Sale

11280 Granite Ridge, Las Vegas, Nevada 89135

3Bedroom(s)
2Bathroom(s)
19Picture(s)
2,037Sqft
Stunning Luxury Condo in Fairway Hills in The Ridges. Gorgeous Gourmet Kitchen features SS appliances and custom cabinets. The open floor plan and modern fireplace are great for entertaining! Your private covered patio is the perfect outdoor escape. The upgrades in this home are beautiful and will not disappoint.
$599,995
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Las Vegas new condos for sale buying guide was last modified: September 25th, 2019 by masouds