Juhl Announces Record First Quarter Sales
Juhl, the loft-style luxury condominium community that spans an entire city block in Downtown Las Vegas, announces record sales of 27 condos worth more than $10.7 million and the closing of 26 homes worth $9,540,400 in the first quarter of 2022, leaving less than 70 condo-houses available for purchase.
According to Shahn Douglas, Marketing Director of Juhl, which is owned by DK Las Vegas as part of a Las Vegas condominium portfolio.
Commenting on Juhl’s first quarter 2022 sales results, Douglas said: “We are pleased to report that Juhl’s sales exceeded our expectations for the first quarter of 2022, following an equally successful 2021. norm as downtown Las Vegas gains a reputation as a prime location and the availability of new condominium residences becomes limited.
Douglas said other market factors driving sales are double-digit price increases for downtown rental apartments, which Zumper says are up 41% from a year ago. Additionally, millennials are entering the condo market eager to invest in affordable real estate with growth potential. At the same time, baby boomers are ditching their high-maintenance single-family homes for the condominium lifestyle while others are investing in second homes.
Additionally, Douglas notes that homebuyer migration continues from states with high costs of living like California. Recently, National Mortgage News, which ranked Las Vegas among the top 10 cities buyers want to move to this spring, reported that 44.2% of real estate searches in Las Vegas outside the metro area came from Los Angeles.
Responding to the demand for contemporary downtown living, Juhl has strived to continually upgrade community residences for stylish interiors. Juhl design features include floor-to-ceiling windows that maximize sunlight and views; ceramic floor in wood planks throughout; private balconies and terraces; as well as Nest learning thermostats and custom blackout window treatments.
New custom cabinetry and quartz countertops are featured in kitchens and bathrooms. Spacious kitchens feature breakfast islands and counters, new stainless steel appliances, and contemporary backsplashes.
“The pace of Juhl’s condo sales speaks volumes about the continued trend of buyers being drawn to locations that offer good real estate values and strong economic fundamentals, while providing an active urban lifestyle,” Douglas said. .
Juhl’s lifestyle, which epitomizes modern city living, is within walking distance of world-class and neighborhood-centric entertainment, restaurants, art galleries, nightlife, and shopping, as well as shopping. a central location to access the city’s cultural attractions and Las Vegas. professional sports venues.
With a limited number of condos remaining, Juhl’s urban-inspired condos offer dozens of flexible floor plans ranging from low $300,000 to high $800,000 and featuring 800 square feet to 1,998 square feet of living space. living, including one and two-bedroom apartments, two-story Brownstones, Penterraces, work residences and Penthouse.
In addition to its highly desirable flexible floor plans, Juhl homebuyers enjoy luxury amenities such as a full-service concierge and on-site dry cleaning, two-story fitness center with views on the pool and the Strip, a resort pool with cabanas, spa and fire pit, 10th floor vino terrace with views of the Strip, co-op lounge, outdoor movie theatre, private pet walk, guest kitchens grill stations, 24 hour security and electric car charging stations.
Juhl offers low down payment and veteran financing options. For more information, visit Juhllv.com or call 702-816-5466.