Rob's Report - August 2015

AUGUST 2015

10736 Penhurst Way

Willow Creek | $899,000 Ready for a new spectacular home? How about a highly customized Toll Brothers home situated on a prime location in Willow Creek’s guard-gated enclave of Heritage Glen? Add inspired curb appeal and a courtyard entrance, as well as an outdoor oasis overlooking the green belt. Finally, include an amazing interior with inviting upgrades throughout including granite, travertine, Salem maple and so much more. If you want to experience something special, come discover for yourself.

Call us today to help you find or sell your guard gated home.

702.605.7480 robjensen.com

SOLD PROPERTIES | JULY 2015

Address Sq.Ft.

Anthem Country Club 16 Kennesaw Road 123 Emerald Dunes Circle 33 Gladewater Drive 1 Perry Park Court 79 Feather Sound Drive 40 Moraine Drive 17 Knob Oak Drive 2 Wade Hampton Trail 4 Drybrook Trail 11 Stonemark Drive 28 Brookridge Drive

Sold Price

Price Short Sale /Sq.Ft. /REO

1,833 400,000 1,833 390,000 1,905 364,000 1,942 460,000 1,942 370,000 2,733 505,000 3,085 880,000 3,537 996,000 3,600 900,000 3,848 693,000 5,624 1,050,000

$218 $213 $191 REO $237 $191 $185 $285 $282 $250 $180 $187

201 Aventura Street 216 Tesoro Drive

3,023 $649,000 3,372 $890,000

$215 $264

Bellacere

No closed sales for the month.

Aventura

Canyon Fairways 9329 Canyon Classic Drive

$1,695,000

$292

2313 Timberline Way 8721 Double Eagle Drive 1609 Iron Ridge Drive

2,747 $525,000 3,653 $785,000 4,414 $875,000

$191 $215 $198

Corta Bella

No closed sales for the month.

Country Club Hills

No closed sales for the month.

3,972

Canyon Gate

Eagle Hills

9012 Bald Eagle Drive

Eagle Rock

428 Proud Eagle Lane

Legacy Estates 189 Inveraray Court

MacDonald Highlands

5,799

$1,260,000

$317

3,556 $645,000

$181

5,965 $875,000

$147

9516 Royal Lamb Drive 312 Round Stone Court 908 Pont Chartrain Drive

Mountain Trails

No closed sales for the month.

3,856

$1,750,000

$301 $199 $243 $197 $253 SS $425 $260 $189 SS $283

$454

Price Short Sale /Sq.Ft. /REO

3,077 $670,000 4,298 $831,250 5,044 $1,300,000

$218 $193 $258

2,325 $590,000 3,424 $725,000 3,579 $895,000 3,739 $915,000 3,739 $860,000 3,823 $1,400,000 4,200 $893,000 4,899 $950,000 5,037 $1,235,000 5,037 $965,000 5,268 $1,900,000

$254 $212 $250 $245 $230 $366 $213 $194 $245 $192 SS $361

767 Dibasiio Court

5,607

$178

Seven Hills - Marquis

No closed sales for the month.

Seven Hills - Rapallo

No closed sales for the month.

Red Rock Country Club 3302 Saddle Soap Court 1936 Alcova Ridge Drive 2860 Peaceful Grove Street 1942 Country Cove Court 1964 Orchard Mist Street 3084 Red Arrow Drive 2690 Grassy Spring Place 2507 Red Springs Drive 1977 Cherry Creek Circle 2002 Orchard Mist Street 2620 Red Arrow Drive

Roma Hills

Seven Hills - Terracina/Venezia 1525 Villa Rica Drive

$238

11985 Whitehills Street 11786 Alness Lane 11865 Brigadoon Drive

1,039 $807,800 5,098 $1,225,000 5,114 $1,200,000

$777 $240 $235

Spanish Hills

No closed sales for the month.

Southern Highlands

38 Princeville Lane

6,101

$1,000,000

$1,450,000

4,364 $525,000

$120

7424 Doe Avenue

4,372 $750,000

$172

The Fountains

No closed sales for the month.

Ten Oaks

3,484 $1,050,000 4,015 $800,000 4,535 $1,100,000 5,952 $1,175,000 6,315 $1,600,000 6,494 $2,761,714 6,737 $1,750,000 6,863 $1,300,000 7,055 $2,000,000

9103 Alta Drive #202

Queensridge

Spanish Trail

532 Regents Gate Drive 1748 Cypress Manor Drive 535 Regents Gate Drive 1640 Liege Drive 1501 Foothills Village 1513 Foothills Village 584 St Croix Street 1696 Tangiers Drive 1683 Tangiers Drive

One Queensridge

Address Sq.Ft. Sold Price

The Palisades 10217 Orkiney Drive

$1,300,000

$319

48 Pristine Glen Street 18 Drifting Shadow Way 29 Owl Ridge Court 70 Hawk Ridge Drive

4,180 $900,780 4,231 $2,550,000 4,871 $1,200,000 5,856 $2,550,000

$215 $603 $246 $435

The Vineyards

No closed sales for the month.

Tournament Hills

No closed sales for the month.

Willow Creek

No closed sales for the month.

The Ridges

4,079

How’s the Market –­

Guard Gated Sales Statistics - July

160

Pricing <500K 500-750K 750K-1MM 1-1.5MM 1.5-2MM 2-2.5MM 2.5-3MM 3-4MM >4MM

120

80

For Sale 142 150 107 89 58 15 22 20 45

Under Contract 53 25 19 27 5 4 3 6 2

Sold 43 22 21 16 6 0 3 0 0

Expired 5 5 6 9 3 2 0 1 1

Absorption Rate* 5.2 8.3 9.1 9.4 11.5 19 18.8 26 70.5

*Absorption Rate: length of time (given in months) it takes to sell current inventory. Number of months of current supply is based on average number of monthly sales for last 6 months.

Source: Multiple Listing Service (MLS), 8/6/15

40

0 <500K

500-750K

750K-1MM

1-1.5MM

1.5-2MM

2-2.5MM

2.5-3MM

3-4MM

>4MM

111 SOLD PROPERTIES 792 ACTIVE LISTINGS July 2015

-13%

-0.5%

Change from June 2015

E L A

S 0!

T 0 R 0 , O 5

SH $ 59

19%

9%

Change from June 2014

583 Lairmont Place

MacDonald Highlands 27,433 Sq.Ft.

7421 Silver Palm Avenue

Ten Oaks

| $1,299,000

This gorgeous custom home sits on a sprawling 20,000 sq.ft. lot that begins with a circular drive and towering porte-cochere.

Enjoy gleaming marble flooring and towering ceilings coupled with custom hickory and alder wood accents. The open floorplan is inviting, all bedrooms are en-suite with walk-in closets, and the kitchen boasts exclusive high-end appliances. Celebrate the outdoors in style with the pool; spa; fire pit and deep, shaded patios. Upgrade your life today.

702.605.7480 | robjensen.com

75 Kittansett Loop

Anthem Country Club

| $2,700,000

The brand new, never-occupied custom estate sits atop the highest elevation in the community, presiding over amazing valley and Strip views. The professional kitchen features Wolf and Sub-Zero appliances, dual islands, wet and dry pantries & gorgeous Shaker style cabinetry while the rear lawn features outdoor granite service bar with built-in BBQ and plenty of space to relax beside the picturesque infinity negative-edge rimless pool.

Stay in the know with the latest guard gated real estate news â&#x20AC;&#x201C; Join us on Twitter, Facebook, LinkedIn, Google+, Pinterest and Instagram.

10161 Park Run Drive, Suite 150 Las Vegas, NV 89145

Interest Rates, Trends and Closed Sales for 29 Guard Gated Communities inside!

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SorO$32

1/S

3084 Red Arrow Drive

Red Rock Country Club

$1,400,000

Represented Buyer & Seller

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Great Time to Sell! Call Rob Jensen today to sell your home. 702.605.7480