Rob's Report – February 2017

ROB REPORT SUMMERLIN, LAS VEGAS & HENDERSON February 2017

CALL robjensen.com

702.605.7480

5146 Mountain Top Circle

Spanish Hills |

1,699,000

$

Showcasing custom finishes and fine materials, 5146 Mountain Top exceeds your highest expectations. Enjoy the finished basement with home theater, 6 en suite bedrooms, executive home office, and home gym with full-mirror wall. Revel in the inviting master bedroom and spalike bath. Host epic pool parties with your swim-up bar and sunken outdoor kitchen. The home and grounds sprawl. Come see for yourself just why this home is so special.

SOLD PROPERTIES | ADDRESS

SF

SOLD PRICE

SUMMERLIN, LAS VEGAS & HENDERSON PRICE /SF

ADDRESS

SF

SOLD PRICE

PRICE /SF

GATED Barrington

213 Piazza Del Verano Street

3,674

Summerlin $161 $590,000

Serrano

No closed sales for the month of January.

Summerlin

Canyon Crest

Summerlin

Park Trail Estates

Las Vegas

Canyon Ridge

Summerlin

The Lakes, Northshore & Beachview Estates

Las Vegas

Canyon Terrace

Summerlin

Seven Hills - Portofino

Henderson

Sky Terrace

Henderson

No closed sales for the month of January.

No closed sales for the month of January.

No closed sales for the month of January.

Desert Trails

No closed sales for the month of January.

Summerlin

No closed sales for the month of January.

No closed sales for the month of January.

No closed sales for the month of January.

No closed sales for the month of January.

Dear Friends, I’m always grateful for the opportunity to help clients in need. Recently, I’ve seen an increase in the number of home sellers contacting me because they did not sell their home with their previous agent. While each situation is unique, here are some common factors I’ve encountered.

The first issue is what I call the “related agent”. Almost everyone knows someone who is a real estate agent. It is all too common to hire a relative, friend, or friend of a friend, instead of a dedicated expert with specific experience in your market. This “related agent” hiring rarely ends well. There is a huge difference between listing your home and actually selling your home.

Another issue is what I call the “real estate factory.” Bigger is not always better. Successfully selling luxury residential real estate is completely different than the total volume of homes an agent is willing to list – especially when they do it at inflated sales prices. An agent who patronizes home sellers into thinking their home is worth more than it really is will have a hard time delivering a successful sale.

The last two common factors which always cost home sellers time, money, and headaches, are second-rate marketing materials and/or a poorly defined sales plan. It’s important that the quality of the marketing matches the caliber of your home. You also need to recognize that listing your home on MLS and crossing your fingers is not a sales plan. Additionally, every selling aspect must be formally addressed before any plan execution.

We exclusively specialize in guard gated and select gated communities in Summerlin, Las Vegas and Henderson. Our team is well versed in every phase of marketing and selling your home for top dollar.

Please call me at 702-605-7480 if you’re serious about selling your home this year. I look forward to providing you with an honest and strategic conversation on the best way to sell it.

Sincerely,

Rob Jensen Broker/President

SOLD PROPERTIES | ADDRESS

SF

SOLD PRICE

SUMMERLIN, LAS VEGAS & HENDERSON

PRICE /SF

ADDRESS

SF

SOLD PRICE

PRICE /SF

GUARD GATED Aventura*

Summerlin

Bellacere*

Summerlin

Canyon Fairways

713 Canyon Greens Drive 636 Canyon Greens Drive 517 Canyon Greens Drive

4,896 5,968 5,446

Corta Bella* Country Club Hills 1804 Wincanton Drive 1800 Glenview Drive

Country Rose Estates 2029 Spring Rose Street (SS)

Summerlin $1,625,000 $332 $2,200,000 $369 $1,400,000 $257 Summerlin

4,404 4,587

Summerlin $970,000 $220 $850,000 $185

3,231

Summerlin $435,000 $135

Eagle Hills*

Summerlin

Eagle Rock*

Summerlin

Mira Villa

Queensridge

1001 Meadowleah Street 320 Onyx Crest Street 812 Sir James Bridge Way 9501 Royal Lamb Drive

3,195 3,341 2,917 2,922

Regency at the Lakes* Southern Highlands 12067 Oakland Hills Drive 11811 Canons Brook Drive

Las Vegas $560,000 $175 $600,000 $180 $495,000 $170 $509,000 $174 Las Vegas

3,374 2,172

Spanish Hills*

Las Vegas $730,000 $216 $450,000 $207 Las Vegas

Spanish Trail

4,600

28 Princeville Lane

Ten Oaks*

Las Vegas $755,000 $164 Las Vegas

Anthem Country Club 7 Anthem Creek 2 Old Marsh Court 44 Desert Highlands Drive 95 Fountainhead Circle 7 Clear Crossing Trail 4 Oro Valley Drive 19 Chenal Pass 28 Emerald Dunes Circle 25 Plum Hollow Drive

3,942 5,847 3,216 2,295 3,037 3,848 3,421 2,072 2,725

Henderson $735,000 $186 $1,200,000 $205 $620,000 $193 $450,000 $196 $720,000 $237 $607,000 $158 $705,000 $206 $429,900 $207 $520,000 $191

2,333

Summerlin $825,000 $354

8,645

Summerlin $2,500,000 $289

5,929

Summerlin $999,000 $168

2,325 2,508 5,037 3,455 4,257 2,325

Summerlin $620,000 $267 $692,650 $276 $1,225,000 $243 $655,000 $190 $935,000 $220 $520,000 $224

5,822 3,766 3,562 9,357

Summerlin $2,200,000 $378 $1,285,000 $341 $1,340,000 $376 $3,600,000 $385

MacDonald Highlands

Tournament Hills*

Summerlin

Seven Hills - Marquis*

Henderson

The Vineyards*

Summerlin

Seven Hills - Rapallo*

Henderson

Willow Creek*

Summerlin

Seven Hills - Terracina/Venezia

9204 Tesoras Drive #301

Mountain Trails

9812 Moon Valley Place

The Palisades

117 South Royal Ascot Drive

Red Rock Country Club 11548 Snow Creek Avenue 2790 Peaceful Grove Street 11488 Morning Grove Drive 2271 Alcova Ridge Drive 2117 Orchard Mist Street 3286 Saddle Soap Court (REO)

The Ridges

7 Boulder Crossing Circle 32 Cross Ridge Street 81 Pristine Glen Street 11 Morning Sky Lane (REO)

Canyon Gate

8928 Diamond Falls Drive

One Queensridge Place 9101 Alta Drive #1104

2,180

Las Vegas $428,000 $196

3,100

Las Vegas $452 $1,400,000

The Fountains* Hillsboro Heights

1857 Woodhaven Drive 176 Windjammer Court 1878 Fairfield Terrace

Henderson 4,501 4,325 2,746

Legacy Estates* 1465 Foothills Village Drive

Roma Hills

1757 Harpsichord Way

1520 Villa Rica Drive 1597 Villa Rica Drive

Henderson $786,000 $175 $581,500 $134 $417,500 $152 Henderson

4,107

Henderson $873,500 $213

4,945

Henderson $1,050,000 $212

5,285 5,730

Henderson $1,050,000 $199 $1,850,000 $323

*No closed sales for the month of January REO - Bank Owned Forelcosure SS - Short Sale

900 Pont Chartrain Drive

Queensridge

| $1,189,000

Over $500,000 in total interior remodel. This home could be from the pages of a design magazine. Hardwood, imported marble, steel and glass create this masterwork’s modern look. Yet, there is more to this fine home than looks, such as the en suite detached casita in the gated courtyard and the sparkling pool overlooking 17th-hole frontage. But the feature to cap it all is an incredible master bath to indulge your senses.

9301 Fontainbleu Drive

Queensridge

| $1,190,000

Come be amazed by this prestigious Queensridge estate, immaculately cared for inside and out. Over one-third of an acre of grounds, located on the 4th hole of the Badlands Golf Course, creates a protected, private ambiance. Enter through the new front doors to the impressive 24-foot ceilings and maple hardwood floors throughout this newly painted, impeccable home.

Excellent schools, Downtown Summerlin, and Boca Park are minutes away.

HOW’S THE MARKET | HOME PRICING

GUARD GATED SALES STATISTICS - January

HOMES FOR SALE

IN ESCROW

SOLD

EXPIRED

ABS RATE/ MONTH

$500-$750K

106

33

22

12

6

$750K-$1MM

89

20

7

10

8.7

$1-$1.5MM

97

17

8

6

10.4

$1.5-$2MM

37

23 Sales in Last 6 Months

3

2

3

8.3

$2-$2.5MM

28

9 Sales in Last 6 Months

3

3

2

9.8

$2.5-$3MM

23

5 Sales in Last 6 Months

1

0

0

28.8

$3-$4MM

28

2 Sales in Last 6 Months

2

1

1

30

$4MM+

47

1 Sale In Last 6 Months

0

0

1

23.5 Years

MARKET TRENDS |

MONTHLY & YEARLY

Sold Properties

59

Dec '16

-27%

500

534

Month over Month

Dec '16

Jan '17

43

Jan '17

Active Listings

Sold Properties

35 Jan '16

43

+23%

Jan '17

Year over Year

6.8% Month over Month

Active Listings

545

534

-2.0%

Jan '16

Jan '17

Year over Year

702.605.7480 | robjensen.com

Rob insists on learning the details of every property.

Homeowners are increasingly finding that it's not profitable to buy or sell their home through an agent who's not an expert in their specific luxury community. That's why our detail-obsessed real estate company continues to grow and distinguish itself in the high-end residential marketplace.

More - we understand that you have a distinctive lifestyle and set of goals for your real estate investments. We never shy away from learning the details...no matter what effort is required.

You deserve exceptional representation when buying or selling your home. Your investment is We continuously check the market conditions in too important to ever settle for less. every one of our guard gated and select gated communtiies - daily. There is no subsititute for Learn more about how our expertise can be used the experience that hard work provides. to your advantage. Call us today at 702-605-7480.

robjensen.com

702.605.7480

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

D!

1260 Vietti Street

L O S

Terrazzo | $975,900

"Rob was referred to me by a good friend and past client. Fortunately Rob and his team lived up to my expectations and then some. The team was responsive and available to handle showings at all times and answer my questions. I loved the marketing, especially the photos. Most importantly, my home was sold for a record sales price per square foot in my neighborhood! If you'd like to sell, hire the Rob Jensen Company." - Charles & Sri Andrulis, Sellers

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

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