Rob's Report – August 2016

ROB REPORT L A S

113 Tesoro Drive

robjensen.com

702.605.7480

V E G A S

& H E N D E R S O N A U G U S T 2 0 1 6

Aventura

| $799,000

Avante home on private cul-de-sac in the heart of Summerlin’s golf district. One of only 63 homes in the community, it offers the convenience of single-story living in one of the valley’s most prominent locations. You’ll love the dedicated formal spaces, tranquil pool and spa, and walking trail frontage views. Recently refreshed, the home features new exterior paint, new built-in grill, and new pool heater and tank-less water heater. It’s a good life.

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

SOLD PROPERTIES |

LAS VEGAS & HENDERSON

GUARD GATED Anthem Country Club

19 Brookridge Drive 8 Bloomfield Hills Drive 11 Contra Costa Place 18 Weston Hills Road 6 Hammock Dunes Court 19 Chenal Pass 23 Isleworth Drive 12 Bloomfield Hills Drive 2 Club Point Court 27 Braelinn Drive 7 Kennesaw Road 9 Hassayampa Trail

3,600 6,387 3,374 1,905 1,613 3,421 5,624 6,150 10,130 1,942 1,833 4,025

Aventura

200 Tesoro Drive

Bellacere

525 Spruce Canyon Street

$827,500 $1,380,000 $752,500 $435,000 $360,000 $577,500 $950,000 $1,450,000 $4,400,000 $480,000 $375,000 $791,300

8,577

$2,065,000

Las Vegas $241

Canyon Fairways

Las Vegas

Canyon Gate

2316 Timberline Way

Corta Bella

1905 Corta Bella Drive

2,747 4,034

$507,000

Las Vegas $185

$745,000

Las Vegas $185

Country Club Hills

Las Vegas

No closed sales for the month of July.

Country Rose Estates

Las Vegas

No closed sales for the month of July.

Eagle Hills

Las Vegas

No closed sales for the month of July.

Eagle Rock

500 Pinnacle Heights Lane

The Fountains

2261 Buckingham Court 2258 Buckingham Court 2335 Prometheus Court

Hillsboro Heights

1884 Fairfield Terrace

Legacy Estates

2004 Doral Place

MacDonald Highlands

1704 Cypress Manor Drive 423 Stone Lair Court 1733 Cypress Manor Drive

Mira Villa

4,078 2,946 4,660 5,140 3,742 4,258 3,248 5,224 3,248

No closed sales for the month of July.

Willow Creek

Las Vegas

Las Vegas

No closed sales for the month of July.

The Palisades

No closed sales for the month of July.

209 Satin Mist Court 212 Satin Mist Court

Queensridge

9704 Winter Palace Drive 1000 Star Lamb Street

5,236 4,184

$1,250,000 $1,100,000

Las Vegas $239 $263

7,060 2,400

$2,200,000 $435,000

Las Vegas $312 $181 REO

4,061 5,720 3,455 3,455 2,325 3,325

$945,000 $1,850,000 $650,000 $727,500 $600,000 $871,000

Las Vegas $233 $323 $188 REO $211 $258 $262

5,047

$720,500

Las Vegas $143

$5,500,000 $3,700,000 $1,300,000 $3,200,000 $3,650,000 $1,865,000 $3,100,000

Las Vegas $592 $608 $311 $365 $503 $382 $421

Red Rock Country Club

Regency at the Lakes

10016 Fox Springs Drive

The Ridges

19 Hawk Ridge Drive 6 Magic Stone Lane 60 Tapadero Lane 5 Wild Ridge Court 1 Drifting Shadow Way 59 Glade Hollow Drive 57 Painted Feather Way

9,293 6,090 4,179 8,769 7,251 4,888 7,363

Roma Hills

Henderson

Seven Hills - Marquis

Henderson

Seven Hills - Rapallo

Henderson

No closed sales for the month of July.

No closed sales for the month of July.

$729,000

Las Vegas $179

$660,000 $700,000 $910,000

Henderson $224 $150 $177

$600,000

Henderson $160

No closed sales for the month of July.

$800,000

Henderson $188

5038 Scenic Ridge Drive

4,076

$650,000 $1,124,999 $710,000

Henderson $200 $215 $219

7889 Bermuda Dunes Avenue 4,345

Las Vegas

Las Vegas

One Queensridge Place

$1,650,000

No closed sales for the month of July.

Seven Hills - Terracina/Venezia

2594 Mirabella Street

6,627

$940,000

Spanish Trail

Canyon Crest

Canyon Terrace

304 Star Mesa Court

3,301

Seven Hills - Portofino Sky Terrace

Las Vegas $192

929 Vegas View Drive

$640,000

Las Vegas $194

The Lakes, Northshore & Beach View Estates

No closed sales for the month of July.

Las Vegas

$885,000

4,516

Las Vegas $193 Henderson

No closed sales for the month of July.

$705,000

Canyon Ridge

Las Vegas

$1,540,000

Henderson $341 Las Vegas

No closed sales for the month of July.

Dear Friends, You deserve to have a team of professional experts in charge when you decide to sell your home. We are the only real estate brokerage that specializes solely in select gated and guard gated communities in Summerlin, Las Vegas, and Henderson. This unique focus causes us to constantly have our finger on the pulse of what’s going on in your market.

Total resale home sales were somewhat slow for the second quarter of 2016. One notable market condition associated with this trend is that the high-end resale market continues to face increased competition from new home builders. Seasonal factors are another consideration.

However, we are still getting homes sold and know exactly what it takes to get it done in your community.

The marketing, condition, and price of your home are all key factors that contribute to how fast you sell your home and at what price. Most importantly, the real estate broker you choose will play a crucial role in your success.

This month we are offering an exceptional value to our readers that may be interested in selling their home. We are providing a free staging consultation, free home inspection, and free certified home appraisal to those in our exclusive specialty market.* Even better – you are under no obligation to list your home for sale. But this offer is limited to the first seven callers to our office.

$865,000

Las Vegas $212

Lastly there is no substitute for a well-executed professional marketing plan. We create and pay for all the first-class marketing used to sell your home. Please call 702-605-7480 today. We’ll be glad to discuss what we can do for you.

$680,000

Las Vegas $164 Las Vegas

Tournament Hills

Las Vegas

No closed sales for the month of July.

Las Vegas

4,576

Las Vegas $143 SS

Las Vegas

Ten Oaks

No closed sales for the month of July.

Barrington

$500,000

Park Trail Estates

700 Tandoori Lane

No closed sales for the month of July.

3,489

JULY

No closed sales for the month of July.

Serrano

GATED

616 Hermosa Canyon Drive 3,665

Desert Trails

9817 Edgeview Place

|

The staging consultation and home inspection are the first steps in preparing your home for the market. A certified appraisal done prior to listing your home for sale is a must! It’s vital to know the current market value of your home before making it available for sale. Not only will the value affect any transaction with a buyer financing your home’s purchase, but even all cash buyers are increasingly requesting appraisals.

Southern Highlands Spanish Hills

Henderson $142

LAS VEGAS & HENDERSON

The Vineyards

No closed sales for the month of July.

2105 Alcova Ridge Drive 11610 Evergreen Creek Lane 3010 Soft Horizon Way 2471 Hollow Rock Court 11493 Timber Mountain Ave. 2506 Grassy Spring Place

$720,000

SOLD PROPERTIES |

JULY

Las Vegas $296

2209 Paiute Meadows Drive 5,570

3,023

No closed sales for the month of July.

Mountain Trails

Henderson $230 $216 $223 $228 $223 $169 REO $169 $236 $434 $247 $205 $197 Las Vegas $238

|

Sincerely,

Rob Jensen Broker/President

*If your home is currently listed, please disregard this message

HOW’S THE MARKET | GUARD GATED SALES STATISTICS - JULY HOME PRICING

FOR SALE

IN ESCROW SOLD EXPIRED

ABS RATE*

<500K

117

101

52

12

4.5

500-750K

159

35

26

0

9.3

750K-1MM

102

28

11

5

1-1.5MM

106

25

6

1.5-2MM

38

10

2-2.5MM

30

2.5-3MM

TRENDS - MONTHLY & YEARLY Sold Properties

Active Listings

July ‘16

106

853

11.1

June ‘16

114

889

12

14.6

MoM%

-7%

-4%

3

6

12.5

July ‘15

111

792

5

2

0

12.4

YoY%

-5%

+8%

28

0

0

1

16.8

3-4MM

27

2

4

0

12.4

>4MM

40

0

2

3

48.0

*Abs(orption) 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), 8/1/16

It’s as Good as

Money in Your

Bank Account

86 Hawk Ridge Drive

This month we are offering an exceptionally valuable package to a select group of homeowners.

The Ridges

| $2,699,000

The hottest trend in Las Vegas luxury living is desert contemporary design, and this fine home epitomizes the style. Retractable floor-to-ceiling pocket doors open to deep recessed patios, blending indoor and outdoor spaces seamlessly. Custom Brazilian cherry wood flooring, rift cut cherry veneer cabinets, and marble and granite features combine with state-of-the-art appliances and electronics to offer an uncompromising owner experience. Lovingly known as Autumn Ridge, this home is truly a work of art.

1816 Glenview Drive

702.605.7480 | robjensen.com

| $765,000

Situated on the 11th hole of TPC Summerlin golf course; ensconced in the tranquility of nature.

An elevated lot creates privacy as you relax in the saltwater pool. Natural Mexican stone tile floors lead into the great room and open kitchen. A huge sunken tub and double showerhead in master bath complete the relaxing resort lifestyle. Enjoy spectacular sunrises and sunsets minutes from the heart of Summerlin.

Do you want to be included?

Read Rob’s Letter to Learn the Details!

Country Club Hills

robjensen.com

702.605.7480

10785 W. Twain Avenue, Suite 110 Las Vegas, NV 89135

!

D

1763 Harpsichord Way

Roma Hills $ 960,000

L O

S

J. Kiland, Seller: “Great experience. Rob and team are very knowledgable about the market and what is needed to sell a home. Constant communication was valuable. Professional marketing materials such as video and 3D mapping highlighted home’s assets.”

Inside Featured Properties,

Closed Sales and Trends for 43 Select Las Vegas & Henderson Gated & Guard Gated Communities!

Thoughts of Selling?

Stay in the know with the latest gate & guard gated real estate news!

Call us today to sell your home! 702.605.7480