Rob's Report - March 2015

MARCH 2015

3084 Red Arrow Drive

Red Rock Country Club

| $1,600,000

Golf frontage beside an outdoor oasis. Wrap yourself in luxury in this sprawling and stylish masterpiece. A private courtyard with outdoor fireplace, theater room and fully-appointed casita are only the start of this home’s many fine features. The spacious master bedroom caters to your every comfort, and the sophisticated kitchen will make you feel like a master chef. Tastefully appointed indoor and out, this stunning home will define your upscale lifestyle.

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

702.605.7480 robjensen.com

SOLD PROPERTIES | FEBRUARY 2015

Address Sq.Ft.

Anthem Country Club 44 Colleton River Drive 8 Moraine Drive 7 Brandermill Drive 20 Desert Highlands Drive 11 Knob Oak Drive 16 Isleworth Drive 11 Belfair Court

1,268 1,942 2,573 3,062 3,085 3,571 5,624

Aventura Bellacere Canyon Fairways

512 Canyon Greens Drive 9317 Tournament Canyon Drive

Canyon Gate

Sold Price

$268,000 $405,000 $560,000 $700,000 $740,000 $835,000 $995,000

Price Short Sale /Sq.Ft. /REO

$211 $209 $218 $229 REO $240 $234 $177

Roma Hills

No closed sales for the month.

No closed sales for the month.

Seven Hills - Marquis

No closed sales for the month.

No closed sales for the month.

Seven Hills - Rapallo

No closed sales for the month.

6,783 $1,775,000 9,376 $1,651,000

$262 $176

No closed sales for the month.

$174

4,705 $800,000 9,082 $1,340,000

$170 $148

5,624 $825,000

$147

424 Pinnacle Heights Lane 621 Proud Eagle Lane

2,976 $500,000 3,322 $548,000

$168 REO $165 SS

Legacy Estates

No closed sales for the month.

9012 Night Owl Court

Eagle Rock

MacDonald Highlands

1199 Macdonald Ranch Drive 584 St Croix Street

Mountain Trails 2200 Point Rock Lane

One Queensridge

9103 Alta Drive #707 9103 Alta Drive #403 9103 Alta Drive #503 9103 Alta Drive #1801

Queensridge

9709 Royal Lamb Drive 9520 Royal Lamb Drive

$280 $208 $278 $311

Seven Hills - Terracina/Venezia

No closed sales for the month.

Southern Highlands

Corta Bella

Eagle Hills

Red Rock Country Club 2,837 $794,000 3,343 $695,900 3,601 $1,000,000 4,200 $1,306,000

1,653 $288,000

1705 Glenview Drive 8905 Tavistock Court

Price Short Sale /Sq.Ft. /REO

11278 Winter Cottage Place 2505 Peaceful Prairie Court 2700 Grassy Spring Place 2737 Turtle Head Peak Drive

1600 Shadow Rock Drive

Country Club Hills

Address Sq.Ft. Sold Price

11786 Weybrook Park Drive 11820 Canons Brook Drive 3356 Saddlebrook Street 30 Eagles Landing Lane

2,172 $390,000 3,151 $645,000 3,220 $580,000 11,641 $2,500,000

$180 $205 $180 $215

5,714 $1,162,300

$203

7879 Bermuda Dunes Avenue

4,134 $602,000

$146 REO

Ten Oaks

No closed sales for the month.

Spanish Hills 8822 Spanish Mountain Drive

Spanish Trail

The Fountains 2261 Trafalgar Court

4,856 $778,050

$160 SS

5,252 $1,100,000

$209

7,251 $2,888,888 10,365 $4,550,000

$398 $439

1408 Reisling Court 1208 Moselle Court

3,888 $879,000 4,894 $1,000,000

$226 $204

Tournament Hills

No closed sales for the month.

The Palisades 6,489 $2,375,000 6,737 $1,750,000

$366 SS $260

5,536 $1,600,000

$289

2,271 $870,000 2,638 $1,200,000 2,638 $1,100,000 15,691 $7,700,000

$383 $455 $417 $491

3,417 $585,000 3,417 $650,000

$171 $190

101 S Royal Ascot Drive

The Ridges 1 Drifting Shadow Way 14 Sable Ridge Court

The Vineyards

Willow Creek 2825 Barrow Downs Street

3,425 $490,000

$143 REO

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

For Sale 104 92 94 96 43 27 19 14 31

Under Contract 74 39 18 19 15 4 1 1 1

Sold 29 21 8 7 4 0 2 1 1

Absorption Rate* 6.1 8.3 10.8 12.8 18.3 46.5 20 15 48

Expired 5 5 6 4 1 0 1 0 1

*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.

Source: Multiple Listing Service (MLS), 3/10/15

<500K

500-750K

750K-1MM

1-1.5MM

1.5-2MM

2-2.5MM

2.5-3MM

3-4MM

>4MM

73 UNITS SOLD 692 UNITS LISTED 4.3%

February 2015

0.3%

Change from Jan. 2014

11% Change from Feb. 2014

Nevada State Bank - Non-Conforming Loans Courtesy of

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 Rd., #200 Las Vegas, NV 89119

* All rates and APRs are as of March 4, 2015.

Interest Rate*

APR*

5 Jumbo ARM 3.375% 3.195% 3.245% 71 Jumbo ARM3 3.5%2 1 3 2 10 Jumbo ARM 3.875% 3.572% 1

3

2

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.

Meet our Staff Kyle Zabelny Marketing Coordinator As Marketing Coordinator for Rob Jensen Company, Kyle leverages his extensive experience in hospitality and lifestyle marketing in combination with his broad knowledge of the Las Vegas region and its associated business trends to help the agency realize strategic goals. He provides marketing support services for all departments and personnel, including listing agents, buyer’s agents, finance and operations to ensure that the company collateral, advertising and marketing vehicles, MLS listings, online multi-media content and other agency communications accurately reflect brand positioning.

Kyle’s tenacity and attention to detail also helps ensure that Rob Jensen Company-hosted events meet both agency and client expectations.

Throughout the past 20 years Kyle has honed a specific set of interpersonal skills that has allowed him to build and maintain long-term relationships both professionally and personally. His genuine care and concern for the wants and needs of others, along with his ability to communicate effectively, makes him a key asset in the area of client relations.

When not working on behalf of clients, Kyle spends as much quality time as possible with his loving wife and son.

453 Pinnacle Heights Lane

Eagle Rock

| $899,000

Sweeping mountain views and golf frontage on 9th hole of TPC Summerlin. Open spaces, such as the large sunken living room with 21-foot vaulted ceilings and triple French doors, and upgraded kitchen with dual attached family rooms, make this home one-of-akind. Remarkable curb appeal and a rear yard perfect for relaxing make the outdoor spaces as refined as the interior. Plus, the master bed and bath create a perfect ownerâ&#x20AC;&#x2122;s haven, ready to pamper you in style.

702.605.7480 | robjensen.com

8816 Cortile Drive

Corta Bella

| $649,900

Newly renovated, modern-day style. This beautiful homeâ&#x20AC;&#x2122;s curb appeal combines verdant landscaping and a charming gated courtyard. Inside, soaring 19-foot ceilings, and abundant windows stream light onto the brand new flooring and granite countertops.

All bedrooms are en-suite, and a sunken glass-front French door den will make a fantastic home office. The sprawling master suite boasts a private balcony, hers-and-his closets and a rejuvenating bathroom.

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

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

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

D,000 L O 50

Sor 1,2

f

2955 American River Lane

Willow Creek 5,528 Internet Views , 5 Showings, 3 Open Houses with 15 Attendees!

$

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