Rob's Report – February 2016

ROB REPORT L A S

11358 Winter Cottage Place

robjensen.com

702.605.7480

V E G A S & H E N D E R S O N F E B R U A R Y 2 0 1 6

Red Rock Country Club | $1,300,000

Featured in VEGAS magazine, this $1MM complete gut-out Christopher Homes conversion in Red Rock Country Club sits on a double fairway golf frontage. The private, gated courtyard entrance opens to an upscale kitchen (outdoor dining anyone?) and en-suite casita. Floor-to-ceiling glass enhances the open floor plan and overlooks the crystal-clear pool and spa. Also, the home is as smart as it is beautiful with its $100K Savant Pro home automation system. It’s a good life.

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

SOLD PROPERTIES |

LAS VEGAS & HENDERSON

|

JANUARY

HOW’S THE MARKET | HOME PRICING

Anthem Country Club

Henderson

Queensridge 301 Kingsclear Court 3,798 9633 Camden Hills Avenue 3,681 608 Queensridge Court 12,781

20 Oro Valley Drive

2,614

$625,000

$239

26 Emerald Dunes Circle

1,720

$348,500

$203

31 Brays Island Drive

3,216

$705,000

$219

23 Clear Crossing Trail

3,592

$855,000

$238

6 Chartiers Court

6,465

$1,675,000

$259

4 Annadale Court

1,833

$415,000

$226

103 Grosse Pointe Place

9,920

$3,350,000

$338

46 Colleton River Drive

2,005

$397,500

$198

Aventura

Las Vegas

129 Tesoro Drive

3,514

$720,000

Bellacere

$205

No closed sales for the month of January.

Seven Hills - Marquis

4,019

$255 Las Vegas

No closed sales for the month of January.

Seven Hills - Terracina/Venezia

Las Vegas

Southern Highlands Spanish Hills

Las Vegas

No closed sales for the month of January.

Eagle Hills

Las Vegas

No closed sales for the month of January.

Eagle Rock

Las Vegas

9737 Plateau Heights Place

3,532

$525,000

$149

9713 Plateau Heights Place

3,942

$640,000

$162

Spanish Trail

Henderson

No closed sales for the month of January.

The Ridges

MacDonald Highlands

63 Panorama Crest Avenue 5 Midnight Ridge Drive

Henderson

525 Bighorn Ridge Avenue

5,993

$1,625,000

$271

1474 Reims Drive

7,998

$3,125,000

$391

Mountain Trails

Las Vegas $1,505,000

One Queensridge Place 4,792

$2,360,000

Las Vegas

Henderson

No closed sales for the month of January.

10425 Orkiney Drive

Legacy Estates

5,446

4,013 7,158

$1,235,000

Las Vegas $227

$1,575,000 $4,204,168

Las Vegas $392 $587

$859,000

Las Vegas $202

The Vineyards 1200 Muscato Court

4,242

Tournament Hills

$248

No closed sales for the month of January.

Las Vegas

Willow Creek

$492

136

102

24

10

7.4

500-750K

132

27

15

8

9.5

750K-1MM

82

29

3

10

1-1.5MM

85

17

5

1.5-2MM

43

8

2-2.5MM

20

2.5-3MM

31

No closed sales for the month of January.

TRENDS - MONTHLY & YEARLY Sold Properties

Active Listings

Jan ‘16

56

783

14.2

Dec ‘15

81

721

6

10.7

MoM%

5

0

17

Jan ‘15

70

690

3

0

1

13.8

YoY%

-20%

13%

4

0

1

105

3-4MM

17

4

2

2

15.8

>4MM

42

1

2

1

51.6

-31% 8.6%

*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), 2/8/16

Dear Friends,

With regard to marketing and technology, much inhabits the space, so I work at separating the relevant from the irrelevant. For instance, a company recently introduced new 3D modeling capabilities that caught my attention. We have been utilizing 4k luxury property videos and will continue to do so because they show “sexier,” on the level of a movie trailer, so-to-speak. However, when functionality comes into play, this new 3D technology helps buyers understand the layout and flow of a home up close and personal. It is common to hear the following from a buyer when physically touring a property: There is something about the layout that just won’t work. In those cases, we could have saved everyone the trip had we used the new 3D technology. It would have allowed them a better use of time “in the house” before ever stepping foot through the door—a very good thing for all involved.

No closed sales for the month of January.

The Palisades

ABS RATE*

Las Vegas

Las Vegas

The Fountains

EXPIRED

Real estate has always been a unique blend of relationships, strategy (both marketing and negotiating), and technology to name a few. For practitioners, it’s an addicting, multi-faceted business, and I love it.

No closed sales of home over 4,000 sq.ft. for the month of January.

Ten Oaks

SOLD

Las Vegas

No closed sales for the month of January.

Country Club Hills

9101 Alta Drive #1201

Henderson

No closed sales for the month of January.

IN ESCROW

<500K

Henderson

No closed sales for the month of January.

No closed sales for the month.

6,071

Henderson

Las Vegas

9312 Canyon Classic Drive

2313 Cedardale Place

Henderson

Seven Hills - Rapallo $130

Corta Bella

Roma Hills

No closed sales for the month of January.

10,032 $1,300,000

Canyon Gate

2922 Red Arrow Drive 5,687 11305 Golden Chestnut Place 4,899 2551 Turtle Head Peak Drive 3,823

No closed sales for the month of January.

400 St. Andrews Court

$1,025,000

$1,500,000 $1,270,000 $1,150,000

Las Vegas $264 $259 $301

Red Rock Country Club

Las Vegas

No closed sales for the month of January.

Canyon Fairways

$670,000 $630,000 $8,000,000

Las Vegas $176 $171 $626

FOR SALE

GUARD GATED SALES STATISTICS - JANUARY

I once had a client, an executive for a new home builder, who was one of the first in his industry to offer fresh cookies and a public restroom to the folks who visited the models.

These builders tracked a lot of metrics, and one of the things they discovered was that the aforementioned perks naturally led people to stay in the models longer. The company attributed this extra time on the property to an increase in sales.

With the national and global marketing capabilities the Internet provides, it’s a no-brainer to offer this marketing technique to all our sellers as one more way to elevate the online marketing of their properties. And for the buyers whom we work with from out of town/ country, well, we can easily map the properties they might want to buy to help make their decision easier and possibly quicker.

Be sure to take a look at the samples we’ve included in this issue. But for the full effect, you should pull up a tour on your phone or computer. You will be amazed!

It’s a good life,

Las Vegas

Las Vegas

Rob Jensen Broker/President

NEWS

3D SHOWCASE |

DIGITAL OPEN HOUSE

3D Showcase is your 24/7 open house on robjensen.com. Because these digital spaces are made from real-world 2D and 3D data, the 3D Showcase becomes a powerful tool to give prospective buyers an accurate sense of your property— before they ever step through the door.

Three Immersive Views Every 3D Showcase offers three unique views that allow online visitors to gain a clear understanding of Rob Jensen properties. By showing potential buyers what it feels like to really be there from the comfort of their own space, they can come to our open house qualified and ready to make an offer.

Inside View

Navigate every room of a property with Inside View.

Dollhouse View

Proprietary Dollhouse View shows how an entire property fits together.

Floorplan View

Understand layout in a glance with top-down Floorplan View.

Big Fish the Musical Premieres at Faith Lutheran Middle and High School Article and Photos by Mike Stotts Colossal “fish stories” are ubiquitous trappings of our everyday life. In the deft hands of a consummate weaver of tall tales, these yarns can take on vibrant personas of their own with larger-than-life mythical proportions. Braggadocio increasingly breeds more braggadocio.

Just ask Edward Bloom, the lead character in the beautifully orchestrated Faith Conservatory musical Big Fish, its first musical of 2016. Played superbly by senior Jackson Langford, Edward is a father stimulated throughout his life—or so he says—by the need to recant outlandish, yet entertaining journeys with a beguiling witch, a sultry mermaid, and jocular circus folks, to name a few. As Edward’s health suddenly takes a turn for the inevitable final chapter, his unbelieving son, Will, played impeccably by senior Matt D’Arrigo, valiantly rekindles his relationship with his dad and journeys to prove his dad’s farfetched, wildly exaggerated tales.

Based on a 1998 book about a father, son, and the stirring interactions with family and community, Big Fish follows the people they contact along the way as their collective hearts and lives are touched with an abundance of realism mixed with fantasy. It was later cast as a popular movie in 2003, followed by a brief Broadway musical stint in 2013. At the Faith Conservatory of the Fine Arts, the alluring musical began pre-production September last year with the bulk of rehearsals uniquely taking place in the classroom.

The challenge for the director of Faith Conservatory theatrical arts and a professional actor in his own right, Erik Ball, was how to effectively help his very aware and conscientious high school students identify with the musical’s many, very real, adult-themed situations: love, marriage, infidelity, and abandonment. The play was selected in part because of the richness and educational value of such

1763 Harpsichord Way | Roma Hills

situations. “They are accustomed to these experiences from a youth’s perspective, but not from a parent, husband, or wife’s perspective,” says Ball. “We created [rehearsal] opportunities, such as theme studies, games, and activities, to allow them to tap into sensitive subject matter without experiencing it.”

D’Arrigo, who obviously had not experienced marriage, pregnancy, and death situations firsthand, says that by channeling his emotions, he learned that “family is there for each other, no matter what happens…they will always be with you, no matter what trials come across.”

Will’s wife, Josephine, played sensitively by senior Molly Show, was the anchoring strength behind Will as he struggled to make sense of his father’s crazy tales. To her, it provided life’s lesson of “the importance of family values.”

Complemented by a talented cast of 28 on-stage actors and staff, and 25 technical people working off-stage, the opening night’s performance on January 22 was a flawless gem. Even after experiencing professional plays, one would still find the opening performance awesome, tugging at the heart and soul, with tears shed at poignant scenes and just the right amount of humor. Line delivery was solid, actors were believable, set designs and props were evocative without being ostentatious, and costuming added to the performances without taking distracting lead roles.

Upcoming Faith Lutheran Events: March 12: Igniting the Arts; May 13-22: Crazy For You For Tickets: 702-804-4400 or faithconservatory.com

7 Boulder Crossing Circle | The Ridges

368 E. Torino Avenue

Silverado Ranch | $2,995,000

Relish exclusivity at ManorGate, a true custom estate with manor and guest home. The 44K-sq.ft. lot features a resort-style pool with grotto and slide, two multi-bay garages with indoor RV parking, and the security that comes with private gated access. Enjoy the bar/game room with friends; host chic events in the outdoor spaces; or simply unwind in the master suite with sitting room, private gym, and spa-like bath. Gorgeous surprises wait at every turn.

To read more exciting articles, visit robjensen.com/news 11358 Winter Cottage Place | Red Rock Country Club

702.605.7480 | robjensen.com

robjensen.com | 702.605.7480

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

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2037 Grouse Street

Eagle Hills 2,342,250

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Inside Featured Properties, Closed Sales and Trends for 29 Las Vegas & Henderson Guard Gated Communities!

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