FEBRUARY 2014
650 St. Croix Street
MacDonald Highlands 8,631 sq.ft. | 5 bedrooms | 5 full & 2 half bathrooms $
2,995,000
16 Panorama Crest Avenue
The Ridges - Topaz Ridge 3,955 sq.ft. | 4 bedrooms | 4 1/2 bathrooms $
995,000
Call us today to help you find or sell your guard gated home.
10161 Park Run Drive, Suite 150 | Las Vegas, NV 89145 | 702.605.7480
www.robjensen.com
SOLD PROPERTIES | JANUARY 2014 Address Sq. Ft. Sold Price
Anthem Country Club
8 Emerald Dunes Circle 4 Hammock Dunes Court 14 Canoa Hills Drive
Aventura
10013 Mirada Drive
Bellacere
509 Spruce Canyon Street
2,072 1,683 3,037 3,514
Price Short Sale /Sq.Ft. /REO
$352,000 $170 $395,000 $235 $640,000 $211 $575,000 $164
2024 Bay Hill Drive
No closed sales for the month.
Seven Hills - Terracina
No closed sales for the month. 5,755 $1,350,000 $235 4,252 $800,000 $188 SS
Eagle Rock
No closed sales for the month.
Legacy Estates
No closed sales for the month.
Mountain Trails
No closed sales for the month.
4,267 $825,000 $193 4,121 $1,575,000 $382 3,751 $750,000 $200 2,508 $485,000 $193 3,823 $860,000 $225
Seven Hills - Rapallo
No closed sales for the month.
1732 Cypress Manor Drive 1708 Cypress Manor Drive 1363 Quiet River Avenue 1408 Foothills Village Drive 1324 Enchanted River Drive 1435 Foothills Village Drive
Red Rock Country Club
6,232 $1,500,000 $241 SS 3,936 $735,000 $187 3,936 $670,000 $170
No closed sales for the month.
Country Club Hills
MacDonald Highlands
9421 Verlaine Court 900 Pont Chartrain Drive 9308 Fontainbleu Drive
Roma Hills
$655,000 $179
No closed sales for the month.
2117 Redbird Drive 2108 Redbird Drive
Queensridge
3,663
Corta Bella
Eagle Hills
No closed sales for the month.
11286 La Madre Ridge Drive 3097 Turtle Head Peak Drive 2974 Dove Run Creek Drive 3295 Mission Creek Court 2611 Turtle Head Peak Drive
No closed sales for the month.
Price Short Sale /Sq.Ft. /REO
One Queensridge
5,493 $1,190,000 $217
Canyon Fairways Canyon Gate
Address Sq. Ft. Sold Price
3,220 3,220 4,578 4,113 4,062 3,684
$540,500 $650,000 $977,000 $825,000 $920,000 $740,000
$168 $202 $213 $201 $226 $201
Southern Highlands
11821 Weybrook Park Drive 7508 Alamo Ranch Avenue 7487 Alamo Ranch Avenue 7488 Alamo Ranch Avenue 7432 Manse Ranch Avenue 7507 Alamo Ranch Avenue 7409 Manse Ranch Avenue 7373 Manse Ranch Avenue 7517 Alamo Ranch Avenue 3348 Alpine Lily Drive 7528 Alamo Ranch Avenue 7478 Alamo Ranch Avenue 3272 Birchwood Park Circle 7372 Manse Ranch Avenue 3547 Alpine Lily Drive 7445 Manse Ranch Avenue 7537 Alamo Ranch Avenue
2,189 $308,888 $141 1,805 $299,585 $166 2,051 $332,869 $162 2,155 $310,451 $144 2,051 $384,044 $187 2,051 $348,234 $170 2,051 $373,355 $182 2,221 $342,791 $154 2,155 $321,209 $149 2,172 $365,000 $168 2,155 $324,666 $151 1,999 $322,671 $161 3,220 $499,900 $155 2,501 $377,602 $151 5,098 $1,365,000 $268 2,355 $378,359 $161 2,051 $319,928 $156
Address Sq. Ft. Sold Price
Price Short Sale /Sq.Ft. /REO
Address Sq. Ft. Sold Price
Spanish Hills
The Palisades
No closed sales for the month.
Spanish Trail
54 Innisbrook Avenue 65 Princeville Lane 35 Princeville Lane 12 Vintage Court
Ten Oaks
7429 Doe Avenue 7405 Silver Palm Avenue 1704 Silver Oaks Street
The Fountains
2304 Prometheus Court 2268 Trafalgar Court
Price Short Sale /Sq.Ft. /REO
No closed sales for the month. 8,245 5,010 6,823 16,376 4,526 5,170 4,795 4,815 3,958
$1,725,000 $650,000 $1,400,000 $2,600,000
The Ridges
$209 $130 $205 $159
11280 Granite Ridge Drive #1055 2,985
$515,000 $173
The Vineyards
No closed sales for the month.
Tournament Hills
$780,000 $172 $645,000 $125 $700,000 $146
No closed sales for the month.
Willow Creek
10779 Hobbiton Avenue 10885 Iris Canyon Lane 2875 Barrow Downs Street
$714,900 $148 $815,000 $206
3,478 $515,000 $148 4,376 $1,020,000 $233 3,425 $575,000 $168
Factors Affecting Home Prices by Scott Dugan, Appraiser Positioning your home to sell is less about understanding what sold and more about objectively looking at how the property and price compare to the current competition. As illustrated by the absorption rate, as price increases there is a smaller number of qualified buyers. Professional and objective advice is the key to a successful sale. Success is the right combination of physical attributes (size, location, features), condition and positioning in the market.
Under Sold Expired Absorption Contract Rate*
Pricing
For Sale
<500K
135
85
29
9
5.64
500K-750K
55
57
18
5
5.51
750K-1MM
64
11
8
5
6.08
1MM-1.5MM
63
22
8
5
10.20
1.5MM-2MM
38
10
2
2
18
2MM-2.5MM
29
3
0
1
14.77
2.5MM-3MM
13
3
1
0
19.20
3MM-4MM
21
2
0
1
34.50
>4MM
36
1
0
1
55.50
*Absorption Rate: length of time it takes to sell current inventory - number of months of current supply based on average number of monthly sales for last 6 months.
<500K
500K-750K
750K-1MM
1MM-1.5MM
1.5MM-2MM
2MM-2.5MM
2.5MM-3MM
3MM-4MM
>4MM
Source: Multiple Listing Service (MLS), 2/6/14
www.robjensen.com Formerly The Jenson Group
10161 Park Run Drive, Suite 150 Las Vegas, NV 89145
Information on 28 Guard Gated Communities inside!
LD,000!
O 50 3 , S1
for
$
2117 Redbird Drive
The market is HOT! Call Rob Jensen today to sell your home. 702.605.7480
Eagle Hills