Rob's Report - January 2015

JANUARY 2015

9416 Tournament Canyon Drive

Canyon Fairways

| $1,295,000

Sophistication beyond expectation. Stunning curb appeal in one of the valley’s most exclusive communities is just the beginning of this stylish home. The open floor plan flows from one beautiful space to the next, and the sprawling lower-floor master will cater to your every desire. Plus, the gated front courtyard with fireplace and colonnade rear porch are open and inviting spaces that beg outdoor relaxation. Truly, this is the total luxury package.

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

702.605.7480 www.robjensen.com

SOLD PROPERTIES | DECEMBER 2014

Address Sq.Ft.

Sold Price

Price Short Sale /Sq.Ft. /REO

Anthem Country Club

Address Sq.Ft. Sold Price

Price Short Sale /Sq.Ft. /REO

Red Rock Country Club

30 Hassayampa Trail 17 Cedar Chase Drive

4,282 $829,000 $194 6,754 $2,000,000 $296

Aventura

No closed sales for the month.

Bellacere

No closed sales for the month.

1796 Amarone Way

4,684

Canyon Fairways

No closed sales for the month.

Seven Hills - Marquis

No closed sales for the month.

Seven Hills - Rapallo

No closed sales for the month.

Canyon Gate 1604 Night Wind Drive 8721 Double Eagle Drive 8764 Rainbow Ridge Drive 2200 Glenbrook Way

2,912 $466,000 3,653 $760,000 3,663 $829,000 6,903 $1,050,000

$160 $208 $226 $152 REO

Corta Bella

No closed sales for the month.

3,273

$750,000 $229

Eagle Hills 9140 Golden Eagle Drive

$226

Eagle Rock 717 Pinnacle Heights Lane

3,322

$560,000 $169 SS

Legacy Estates 2025 Troon Drive

5,962

$810,000 $136 SS

MacDonald Highlands 1728 Choice Hills Drive 1402 Foothills Village Drive 1508 View Field Court

3,662 $730,000 $199 4,107 $890,000 $217 7,524 $3,150,000 $419

Mountain Trails

No closed sales for the month.

9101 Alta Drive #18 9101 Alta Drive #801

1,929 $675,000 $350 4,792 $2,400,000 $501

Queensridge 301 Bayswater Court 9408 Fontainbleu Drive 9721 Queen Charlotte Drive

1358 Opal Valley Street 2605 Ragusa Court

4,348 $651,000 $150 SS 4,414 $850,000 $193 4,693 $1,006,000 $214

$795,000 $170

5,273 $900,000 $171 SS 5,875 $1,435,000 $244

Southern Highlands 3,220 $585,000 $182 9,029 $2,375,000 $263

Spanish Hills 9,824 $3,950,000

$402

30 Vintage Court

6,152 $2,650,000

$431

Ten Oaks

No closed sales for the month.

Spanish Trail

The Fountains 2353 Villandry Court 2357 Villandry Court 2332 Caserta Court

3,831 3,886 5,777

The Palisades

No closed sales for the month.

$700,000 $183 $669,000 $172 $812,000 $141

The Ridges 29 Soaring Bird Court

One Queensridge

$294 $269 $244

Seven Hills - Terracina/Venezia

5142 Scenic Ridge Drive 4,693 $1,060,000

3,823 $1,125,000 5,109 $1,375,000 5,122 $1,250,000

Roma Hills

11974 Whitehills Street 37 Olympia Hills Circle

Country Club Hills 9008 Thornbury Lane

11624 Glowing Sunset Lane 2662 Red Arrow Drive 11565 Evergreen Creek Lane

6,366 $1,815,000

$285

The Vineyards 1405 Saintsbury Drive

4,199

$940,000 $224

Tournament Hills

No closed sales for the month.

Willow Creek 10950 Willow Heights Drive 2962 Brighton Creek Court

4,079 $1,200,000 4,378 $1,085,000

$294 $248

How’s the Market Guard Gated Sales Statistics - December Pricing <500K 500-750K 750K-1MM 1-1.5MM 1.5-2MM 2-2.5MM 2.5-3MM 3-4MM >4MM

200

150

For Sale 186 126 104 110 59 24 19 15 32

Under Contract 40 13 15 13 6 3 0 1 0

Sold 29 13 15 9 2 1 2 0 1

Expired 49 25 23 18 5 4 0 1 0

Nevada State Bank Non-Conforming Loans

Absorption Rate* 6 7.3 7.4 11.9 21.7 18 11.4 8.7 38.4

*Absorption 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.

100

Source: Multiple Listing Service (MLS), 1/13/15

* All rates and APRs are as of January 12, 2015.

Interest Rate*

51 Jumbo ARM3 71 Jumbo ARM3 101 Jumbo ARM3

3.375%2 3.25%2 3.625%2

APR*

3.213% 3.1628% 3.457%

1. All loans subject to approval conditions such as credit score, loan to value, and collateral apply along with other terms and conditions.

2. Automatic payment required. Without auto pay rate is .25% higher.

3. Rate adjustments apply for Jumbo loans over $1,500,000.

Michelle Pistone

Sr. Mortgage Lender, NMLS # 409911

702.706.5929

Office

702.271.8447 Cell | 855.823.3195 Efax Michelle.Pistone@NSBank.com 750 E. Warm Springs Road, Suite 200, Las Vegas, NV 89119

50

72 UNITS SOLD 766 UNITS LISTED December 2014 0 <500K

500-750K

750K-1MM

1-1.5MM

1.5-2MM

2-2.5MM

2.5-3MM

3-4MM

16.1% 17.7%

41%

Change from Nov. 2014

Change from Dec. 2013

>4MM

DISCOVER FUN!

First time climbers only.

Mention code word

“JensenRefuge” to get your discount.

Offer good thru 4/30/15.

Both climbers must visit together.

6283 S. VALLEY VIEW BLVD, SUITE C LAS VEGAS, NV 89118 www.climbrefuge.com 702.383.0175 HOURS MON - FRI: 10AM - 10PM | SAT & SUN: 9AM - 9PM

650 St. Croix Street

MacDonald Highlands

| $2,800,000

This remarkable homeâ&#x20AC;&#x2122;s design elements range from stone and water, to steel and glass, and all combine flawlessly to present an approachably modern wonder. Stunning colors showcase inspired architecture and compliment the homeâ&#x20AC;&#x2122;s chic aesthetic. Though there is no one-best-feature, the resort style pool with swim-up bar and eye-catching waterfall is simply astounding. Ideal for hosting, you will take every opportunity to show off this one-of-a-kind masterpiece.

702.605.7480 | www.robjensen.com

7817 Astral Avenue

Painted Desert

| $798,000

Upgraded to perfection. Features like a bronze and rain-glass arched double-door entrance, stacked stone walls and pillars, and a rare indoor/outdoor room make this home one the most distinct properties on the market. Boasting three 1,000 sq.ft. bedrooms, your guests will have plenty of space to make themselves at home. Golf frontage and mountain views offer a refreshing splash of outdoor beauty. All this and more is waiting just for you.

Stay in the know with the latest luxury real estate news â&#x20AC;&#x201C; Join us on Twitter, Facebook, LinkedIn, Google+ and Instagram.

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

Interest Rates, Trends and Closed Sales for 29 Guard Gated Communities inside!

LD,000

0 O 9 9 S 1,

for

$

73 Hawk Ridge Drive

The Ridges

The Rob Jensen Company represented both buyer and seller in the sale of this off market listing.

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