ROB'S REPORT SUMMERLIN, L AS VEGAS, & HENDERSON
Januar y 2 018
CALL robjensen.com
702.605.7480
11272 Golden Chestnut Place | Red Rock Country Club $1,299,000 4 Bedrooms | 4 Full Bathrooms, 1 Powder Room | 4,443 Square Feet This gorgeous home with pool and spa is situated on the 10th hole of the Arroyo golf course, with incredible mountain views, in the exclusive guard gated community of Red Rock Country Club. With over $110,000 in recent upgrades, this spacious home features an inviting courtyard, outdoor kitchen and BBQ, and state-of-the-art media room. Celebrate with friends and family in the elegant living and dining rooms, or relax near the fireplace in the cozy family room. Luxury living awaits.
SOLD PROPERTIES | GATED FOR THE MONTH OF DECEMBER 2017
LAS VEGAS
SUMMERLIN ADDRESS Barrington* Canyon Crest* Canyon Ridge 529 Summer Mesa Drive 624 Summer Mesa Drive 521 Summer Mesa Drive Canyon Terrace* Desert Trails* Mira Villa* Serrano*
SF
SOLD PRICE
PRICE/ SF
ADDRESS
SOLD PRICE
PRICE/ SF
SF
SOLD PRICE
PRICE/ SF
7,171
$2,950,000
$411
SF
The Lakes*
2,613 2,951 2,410
$577,000 $540,000 $535,000
$221 $183 $222
HENDERSON ADDRESS Seven Hills - Portofino* Seven Hills - Marquis* Sky Terrace 2256 Sunrise Ridge Court
*No closed sales for the month of December
Dear Friends, Given the high volume of sales throughout 2017, including the 4th quarter, I expect 2018 to continue that momentum. This is the time of year that sellers have started getting their homes ready to be on the market by spring. As folks prepare and reach out to me for advice, one of the most prominent questions I get is, "What makes us different from the rest?" There are many answers, but the one I'd like to focus on this month is that "We market for the year that we live in." Consumers have more distractions and interruptions than ever, with billions and billions of dollars competing for their attention. People don't watch TV commercials anymore, most mail goes straight to the trash, and everyone’s email is over-flowing with junk. All of this marketing noise creates a unique challenge in getting your amazing property the attention it deserves. For example, buyers that are actively working with a Realtor and are being emailed properties will still only open them about 25% of the time. We know because the MLS (Multiple Listing Service) shares the statistics. So even if your home is perfect for a potential buyer, and it gets emailed to them, they still might miss it. Ouch! The good news is that there is a better way! Facebook, YouTube, and Instagram are where the consumer's attention is. Properly harnessing the power of social media and its popularity can play to your advantage. Utilizing these sites, we target a specific set of potential buyers based on demographics including age, income and location. This allows us to serve up stunning property ads complete with beautiful photography and video to the right audience. The days of worrying about your agent's Rolodex are gone. We reach the right people on the right platforms. Period! Exposing your home to the highest number of qualified buyers will always be the best way to sell your home for the highest price, in the shortest amount of time. If you'd like us to do that for you, give us a call at 702-605-7482. Sincerely,
Rob Jensen Broker/President
FOR THE MONTH OF| APRIL 2017 SOLD PROPERTIES GUARD GATED FOR THE MONTH OF DECEMBER 2017
LAS VEGAS
SUMMERLIN ADDRESS
SF
SOLD PRICE
PRICE/ SF
Aventura* Bellacere 10232 Stony Ridge Drive
3,040
$1,000,000
$329
Canyon Fairways* Corta Bella 1700 Corta Bella Drive
4,034
$590,000
$146
Country Club Hills* Country Rose Estates 2200 Scarlet Rose Drive
3,564
$515,000
$145
Eagle Hills 1912 Redbird Drive
5,892
$1,667,500
$283
Eagle Rock 608 Pinnacle Heights Lane
3,664
$660,000
$180
Mountain Trails* The Palisades 10301 Orkiney Drive 10213 Stone Briar Court
6,189 4,223
$1,350,000 $1,195,000
$218 $283
4,899 3,823 5,555 2,325
$1,435,000 $1,350,000 $1,450,000 $630,000
$293 $353 $261 $271
Red Rock Country Club 2231 Green Mountain Court 2466 Green Mountain Court 11522 Morning Grove Drive 11540 Snow Creek Avenue The Ridges 4177 Bronze Ridge Street 15 Coralwood Drive 16 Flying Cloud Lane 26 Garden Rain Drive 24 Garden Rain Drive 22 Garden Rain Drive 20 Garden Rain Drive 31 Hawk Ridge Drive 9 Olive Ridge Drive 11440 Opal Springs Way 11451 Opal Springs Way 11452 Opal Springs Way 76 Panorama Crest Avenue 11462 Rhodolite Court Tournament Hills* The Vineyards 1405 Reisling Court Willow Creek 10932 Keymar Drive
ADDRESS
SF
Canyon Gate 8733 Double Eagle Drive One Queensridge Place 9101 Alta Drive #103 9101 Alta Drive #1201 9101 Alta Drive #602 9101 Alta Drive #1006 Queensridge 9600 Camden Hills Avenue 1005 Granger Farm Way Regency at the Lakes 9917 Aspen Knoll Court Southern Highlands 6 Augusta Canyon Way 22 Castle Oaks Court 38 Pebble Dunes Court 12006 Port Labelle Drive Spanish Hills 4936 Mountain Creek Drive 5094 Spanish Hills Drive Spanish Trail 63 Princeville Lane Ten Oaks*
4,893 3,776 9,930 3,546 3,788 4,180 3,546 7,820 3,788 5,032 4,292 4,600 4,179 4,893
$1,653,567 $2,025,000 $5,050,000 $1,020,061 $1,018,199 $1,003,120 $925,873 $3,500,000 $1,219,798 $1,732,622 $1,525,000 $1,494,484 $1,185,000 $1,457,417
$338 $536 $509 $288 $269 $240 $261 $448 $322 $344 $355 $325 $284 $298
4,615
$1,040,000
$225
3,091
$830,000
$269
robjensen.com 702.605.7480
Anthem Country Club 24 Anthem Creek Circle 5 Caprington Road 3 Chenal Pass 21 Chenal Pass 40 Gladewater Drive 23 Gladewater Drive 9 Greely Club Trail (REO) 11 Hassayampa Trail 15 Hunt Valley Trail 33 Kittansett Loop 20 Plum Hollow Drive 46 Stonemark Drive The Fountains* Hillsboro Heights* Legacy Estates 190 Inveraray Court MacDonald Highlands 1384 Enchanted River Drive 1365 Enchanted River Drive 1463 Foothills Village Drive 637 St Croix Street Roma Hills 1796 Mezza Court Seven Hills - Rapallo 1265 Imperia Drive Seven Hills - Terracina/Venezia 1600 Villa Rica Drive
*No closed sales for the month of December
PRICE/ SF
3,146
$589,000
$187
3,889 4,792 3,856 2,137
$2,650,000 $2,575,000 $2,025,000 $824,500
$681 $537 $525 $386
3,913 3,237
$800,000 $600,000
$204 $185
5,347
$720,000
$135
4,758 8,804 5,837 4,030
$1,250,000 $3,241,000 $1,805,000 $1,050,000
$263 $368 $309 $261
5,758 5,067
$950,000 $1,707,500
$165 $337
7,052
$1,330,000
$189
SF
SOLD PRICE
PRICE/ SF
4,319 1,616 5,756 4,255 1,905 1,905 6,451 4,025 1,833 3,421 3,537 3,848
$999,000 $380,000 $1,050,000 $800,000 $487,500 $440,000 $1,695,000 $795,000 $519,500 $1,000,000 $820,000 $877,500
$231 $235 $182 $188 $256 $231 $263 $198 $283 $292 $232 $228
8,966
$1,425,000
$159
4,577 5,224 4,124 9,760
$1,330,000 $1,060,000 $910,000 $3,500,000
$291 $203 $221 $359
8,645
$1,495,000
$173
4,388
$900,000
$205
6,632
$2,700,000
$407
HENDERSON ADDRESS
SOLD PRICE
REO - Bank Owned Foreclosure
159 Augusta Street | Legacy Estates
$1,349,000
5 Bedrooms + Den | 4 Full Bathrooms, 1 Powder Room | 6,086 Square Feet This grand three-level home in Legacy Estates is designed for luxury living with magnificent golf course frontage and a half-acre-plus cul-de-sac lot. Soak in the views from the lovely terraces or entertain in the handsome great room with a gourmet kitchen, exposed wood beam ceilings, and fireplace. With formal living and dining rooms, hardwood floors and trim, Venetian plaster, and special touches throughout, you’ll love the richness of this luxurious home.
HOW’S THE MARKET? | GUARD GATED SALES STATISTICS - December PRICE RANGE
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
ABS* RATE (MONTHS)
$500K-$750K
90
27
17
14
5.4
$750K-$1M
77
28
14
10
7.2
$1M-$1.5M
73
20
23
8
5.2
$1.5M-$2M
41
9
7
3
9.1
$2M-$2.5M
16
5
3
2
5.3
$2.5M-$3M
22
4
3
2
15.6
$3M-$4M
21
6
3
1
13.5
$4M+
54
3
1
3
28.5
* 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), 1/1/18. 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
496
71
-6.4% over last month -0.8% over last year Month over Month Dec '17 Nov '17
18% over last month 18% over last year Month over Month
496 530
Year over Year
71
Dec '17 Nov '17
60
Year over Year
Dec '17
496
Dec '17
Dec '16
500
Dec '16
71 60
The Rob Jensen Company is a boutique real estate brokerage that specializes in 42 guard gated and select gated communities in Summerlin, Las Vegas, and Henderson. Each staff member is a salaried employee who provides you with comfort and ease during your real estate transaction. Our staff includes (from left to right) Autumn Alderson, Kyle Zabelny, Rob Jensen, Adrianne Dunlap, Monica Nalbantoglu, and Kathy Sheffield.
TEAM SPOTLIGHT
Kathy Sheffield CONTRACTS MANAGER The Rob Jensen Company understands that when it comes time to begin the contract phase of buying or selling a home, clients want to feel secure knowing that the person managing the transaction is both experienced and highly knowledgeable. Kathy, with her more than 20 years of leadership experience in the Las Vegas Luxury Real Estate market, is an essential asset to the Rob Jensen team as the Contracts Manager. She has completed over 5,000 total transactions to date, making her an expert in the field. She enjoys working closely with clients, guiding them through the transaction process. Through effective communication and time management skills, she is able to consistently close transactions ahead of schedule. Outside of work, Kathy has a great love of the outdoors and hikes, camps, and fishes whenever she can. She enjoys exploring new places and documenting her travels through photography. Next stop, viewing the Northern Lights in person. She makes it a daily habit to work hard for clients and to “find and photograph something beautiful each day.�
10785 W. Twain Avenue, Suite 110 Las Vegas, NV 89135
! D L SO
OUR CLIENT SOLD THIS PROPERTY…
3770 Caesars Circle | Verde Valle Estates | $1,300,000
! T H G U BO
…AND BOUGHT THIS ONE!
3726 Las Vegas Blvd South, Unit 3603 | Veer | $1,600,000 - Penthouse