Rob's Report - July 2017

ROB'S REPORT SUMMERLIN, L AS VEGAS, & HENDERSON J u l y 2 0 17

CALL robjensen.com

702.605.7480

10986 Iris Canyon Lane | Willow Creek

$1,150,000

5 Bedrooms | 5 Full Bathrooms, 1 Powder Room | 4,376 Square Feet This stylish single-story home, set on a sprawling half acre plus lot with Pebble-Tec plunge pool and spa, is located in the highly sought-after guard gated Willow Creek community in Summerlin. The gated courtyard entryway leads into a home featuring 10 foot ceilings and design elements which allow natural light to spread warmth throughout this expansive residence. The home’s convenient floor plan includes two bedrooms that are spacious casitas, each with their own closet and private bath.

SOLD PROPERTIES | GATED FOR THE MONTH OF JUNE 2017

SUMMERLIN ADDRESS Barrington No closed sales for the month.

Canyon Crest No closed sales for the month.

Canyon Ridge No closed sales for the month.

Canyon Terrace 9405 Canyon Mesa Drive Desert Trails No closed sales for the month.

Mira Villa 9223 Tesoras Drive #401 9212 Tesoras Drive #202 Serrano 724 Chervil Valley Drive (REO)

SF

LAS VEGAS SOLD PRICE

PRICE/ SF

ADDRESS

SF

The Lakes 2837 High Sail Court Park Trail Estates 8556 Verde Park Circle 8586 Verde Park Circle

3,290

$750,000

$228

3,902 2,497

$1,675,000 $860,000

$429 $344

4,576

$803,000

$175

SOLD PRICE

PRICE/ SF

3,740

$775,000

$207

7,624 5,283

$1,272,000 $950,000

$167 $180

$1,650,000

$253

HENDERSON Seven Hills - Marquis No closed sales for the month.

Seven Hills - Portofino No closed sales for the month.

Sky Terrace 2260 Horizon Light Court 6,523

Dear Friends, When is the best time to sell your home? The answer is when it’s ready. The only appropriate time to sell your home is when it’s looking its best. And it doesn’t matter whether it takes a day, a week, or a month to get your home ready for potential buyers.

Residential real estate is an emotional process. You’re looking to appeal to the potential buyer’s emotional reaction when they consider purchasing your home. Our experience has proven that taking the time to get the house to show its best—whatever that may entail—will absolutely pay off.

There is no substitute for a first impression. That first impression starts online from the photos and the marketing that buyers see, to when they first pull up to the curb and take in the curb appeal, and then ultimately walk into the home and take in all that it offers— from the layout to the upgrades and how fresh and new and nice it may smell.

We specialize in working with buyers and sellers in 43 guard gated and select gated communities in Summerlin, Las Vegas, and Henderson. Seller clients in these communities are provided the services of our certified Stager and Interior Designer who, as a courtesy, will make select staging recommendations to maximize the final sales price of your home.

If you are interested in selling your home and creating the best first impression possible, please contact me at 702-605-7480 to arrange a free design consultation.

Sincerely,

Rob Jensen Broker/President

FOR THE MONTH OF| APRIL 2017 SOLD PROPERTIES GUARD GATED FOR THE MONTH OF JUNE 2017

LAS VEGAS

SUMMERLIN ADDRESS Aventura 10005 Mirada Drive 9909 Mirada Drive

SF 3,023 3,023

SOLD PRICE $660,000 $630,000

PRICE/ SF $218 $208

Bellacere* Canyon Fairways* Corta Bella 1701 Corta Bella Drive 8829 Cortile Drive 1816 Dolce Drive 8808 Rozetta Court

4,034 4,060 3,510 3,510

$700,000 $503,000 $520,000 $659,000

$174 $124 $148 $188

Country Club Hills 8904 Tavistock Court 9049 Waterfield Court

5,108 6,574

$1,400,000 $1,175,000

$274 $179

Country Rose Estates* Eagle Rock 624 Proud Eagle Lane

2,973

$600,000

$202

Mountain Trails 10001 Moon Valley Place

6,578

$1,750,000

$266

The Palisades 209 Luxaire Court 111 North Royal Ascot

4,839 4,079

$1,225,000 $1,142,500

$253 $280

Red Rock Country Club 1935 Alcova Ridge Drive (SS) 1959 Alcova Ridge Drive (REO) 2964 Dove Run Creek Drive 11494 Glowing Sunset Lane 11329 Golden Chestnut Place 11606 Morning Grove Drive (REO) 2136 Orchard Mist Street 2506 Peaceful Prairie Court 2971 Red Arrow Drive 3286 Saddle Soap Court 2953 Soft Horizon Way 2927 Turtle Head Peak Drive 11287 Winter Cottage Place

3,999 3,402 2,837 2,712 4,410 5,555 4,578 2,508 6,342 2,325 4,267 4,423 3,601

$726,600 $725,000 $739,000 $825,000 $1,250,000 $1,200,000 $1,150,000 $638,000 $2,100,000 $630,000 $960,000 $935,000 $788,000

$182 $213 $260 $304 $283 $216 $251 $254 $331 $271 $225 $211 $219

The Ridges 38 Meadowhawk Lane 39 Midnight Ridge Drive 15 Promontory Ridge Drive 16 Wild Ridge Court

7,312 6,217 10,852 5,439

$2,900,000 $2,894,018 $5,500,000 $3,970,000

$397 $466 $507 $730

Tournament Hills 9005 Greensboro Lane

7,838

$2,300,000

$293

The Vineyards* Willow Creek 2827 Middle Earth Street 10745 Rivendell Avenue 10838 Willow Heights Drive 10967 Willow Valley Court

3,458 3,792 4,534 5,909

$735,000 $700,000 $1,262,500 $1,417,500

$213 $185 $278 $240

*No closed sales for the month of June

SF

Canyon Gate 2004 Gray Eagle Way 8612 Titleist Circle

SOLD PRICE

PRICE/ SF

8,050 4,227

$1,700,000 $852,000

$211 $202

One Queensridge Place 9101 Alta Drive #803 9103 Alta Drive #607

2,638 2,271

$1,085,000 $770,000

$411 $339

Queensridge 9621 Camden Hills Avenue 304 Covent Garden Court 9333 Queen Charlotte Drive 9521 Royal Lamb Drive 9525 Verlaine Court

3,681 3,932 4,170 3,156 5,024

$600,000 $788,800 $850,000 $535,000 $1,455,000

$163 $201 $204 $170 $290

Regency at the Lakes 10000 Hidden Knoll Court (SS)

8,419

$1,100,000

$131

Southern Highlands* Spanish Hills* Spanish Trail 16 Princeville Lane 16 Vintage Court

4,292 6,219

$900,000 $1,130,000

$210 $182

SF

Anthem Country Club 7 Braelinn Drive (REO) 16 Brookridge Drive 5 Caves Valley Court 3 Caves Valley Court 37 Desert Highlands Drive 12 Kittansett Loop 6 Mohansic Road

SOLD PRICE

PRICE/ SF

3,848 3,942 4,255 4,282 3,062 3,374 2,005

$610,000 $845,000 $1,050,000 $1,000,000 $750,000 $1,000,000 $432,500

$159 $214 $247 $234 $245 $296 $216

The Fountains* Hillsboro Heights* Legacy Estates* MacDonald Highlands 1419 Foothills Village Drive 1357 River Spey Avenue (SS)

4,107 5,037

$1,000,000 $875,000

$243 $174

Seven Hills - Terracina/Venezia 1513 Villa Rica Drive 6,768

$2,085,000

$308

ADDRESS

Ten Oaks*

HENDERSON ADDRESS

Roma Hills* Seven Hills - Rapallo*

robjensen.com

702.605.7480

REO - Bank Owned Foreclosure

SS - Short Sale

304 Star Mesa Court | Canyon Terrace

3 Bedrooms | 3 Full Bathrooms, 1 Powder Room | 3,301 Square Feet

$649,000

This beautiful 3,301 square foot home, located in the gated Canyon Terrace community, has 3 bedrooms, 3 ½ baths and a den/home office. It has a spacious kitchen w/ granite island, double sinks, Jenn-Air oven, microwave and GE Profile refrigerator freezer. Master bath features hers and his vanities with separate makeup vanity, and a large walk-in closet. Huge yard w/built-in BBQ. High ceilings, neutral interior, and white shutters – it’s move-in ready with fresh paint and new carpeting!

HOW’S THE MARKET? | GUARD GATED SALES STATISTICS - June PRICE RANGE

FOR SALE

UNDER CONTRACT

SOLD

EXPIRED

ABS* RATE (MONTHS)

$500-$750K

110

43

32

13

6.1

$750K-$1M

110

23

15

1

9.9

$1-$1.5M

93

34

21

7

8.3

$1.5-$2M

47

12

2

4

17.7

$2-$2.5M

27

8

3

1

13.1

$2.5-$3M

27

8

2

0

21

$3-$4M

26

4

1

1

15

$4M+

51

2

1

0

106

* ABS(orption) rate is the length of time (in months) that it takes to sell current inventory. This is calculated by adding homes FOR SALE and homes UNDER CONTRACT and dividing the total by the average number of monthly sales for the last 2 months. Source: Multiple Listing Service (MLS), 6/1/17.

We add pending and contingent sales to the active listings; otherwise, they'd be counted twice as sales or might even fall out of escrow.

MARKET TRENDS |

MONTHLY & YEARLY

ACTIVE LISTINGS

CLOSED SALES

625

77

.5% over last month 6.2% over last year Month over Month

14% over last month 24% over last year Month over Month

June '17

625

June '17

May '17

628

May '17

Year over Year June '17 June '16

77 90

Year over Year 625 666

77

June '17 June '16

62

Thinking of buying or selling? Give us a call at 702.605.7480

9004 Opus Drive | Canyon Gate

$595,000

3 Bedrooms | 2 Full Bathrooms, 1 Powder Room | 3,029 Square Feet An immaculate 3,029 square foot, 3 bedroom, 2 ½ baths home in guard gated Canyon Gate. Large master with retreat, balcony, jetted tub, marble shower, double fireplace, and morning kitchen. The home includes designer crystal chandeliers, fluted columns, crown moldings, granite countertops, stained glass insets, and Brazilian cherry wood flooring in the foyer and kitchen. Features a front entry gated courtyard and tranquil backyard with manicured landscaped grounds throughout.

Call 702.605.7480 or visit us online at robjensen.com

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

!

D L SO

11494 Glowing Sunset Lane | Red Rock Country Club

$825,000 ($304/SF)

Jeffrey & Dorothy Yundt, Sellers - "Rob Jensen and his staff were the most professional team we have worked with selling a home. Rob goes above and beyond to meet his customer's needs and he delivers. We have bought and sold many homes in many states and he is by far the most skilled, analytical, responsive, experienced marketer and people person and just pleasant to work with. His staff is deep with experience in many facets of the process and they make selling a positive, smooth experience. We have already recommended him to our friends!!"

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

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