Las Vegas set an all-time record for the average sale price of high-rise condos closed during the third quarter, capped off by the second highest sale of the year for $9.5 million at the Waldorf Astoria.

There were 119 sales in high-rises during the third quarter — the fewest of the year and least amount since the start of the pandemic in the second quarter of 2020. That few sales helped bolster the average sales price of $933,431 or $586 per square foot.

That tops the $816,717 average price in the first quarter of 2024, according to Las Vegas-based research firm Applied Analysis. The third highest was $749,854 in the second quarter this year. The price per square foot in the third quarter was second only to $599 in the first quarter of 2024.

It was a busy quarter with the latest sale f

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