ROB'S REPORT SUMMERLIN, L AS VEGAS, & HENDERSON OC TOB ER 2 018
12222 Tempestad Avenue | Montecito
$899,000
4 Bedrooms | 4 Full Bathrooms | 2,893 Square Feet Discover a tranquil lifestyle at this single-story home in Montecito, a gated community in the acclaimed Paseos Village of Summerlin. The smart floor plan features engineered hardwood floors, all new light fixtures, tray ceilings, and $43,000 worth of upgraded cabinetry. Highlights include an illustrious master suite, a fully finished casita, and a 12’ multi-sliding glass door to let the outside in. Located on a generous 9,583 square foot lot at the edge of the city, this Toll Brothers home is among the most peaceful residences in the valley.
#12222Tempestad
SOLD PROPERTIES | GATED FOR THE MONTH OF SEPTEMBER 2018
OCTOBER INTEREST RATES
SUMMERLIN, LAS VEGAS, & HENDERSON ADDRESS
SF
PRICE
P/SF
4.500% 3.990%
Barrington* Canyon Crest* The Lakes* Mira Villa*
30 Year Jumbo Fixed 7/1 Arm Jumbo Patrick Kobielsky
Serrano*
BRANCH MANAGER 702-278-9659
Seven Hills - Portofino 1340 Dilevante Drive
5,188
$1,175,000
Seven Hills - Marquis* Sky Terrace* *No closed sales for the month of September
$226
This is not a commitment to lend. Prices and guidelines are subject to change without notice. Some products may not be available in all states. Subject to review of credit and/or collateral; not all applicants will qualify for financing. It is important to make an informed decision when selecting and using a loan product; make sure to compare loan types when making a financing decision. This document is provided by Pacific Sunbelt Mortgage. Any materials were not provided by HUD or FHA. It has not been approved by FHA or any Government Agency. ©2017 A division of Finance of America Mortgage LLC | NMLS ID # 1071 | Mortgage Banker License #0910184 | Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act
Sales for Q3 80 70 60
2018
40
2017
50
Price Point
2017
2018
500K-750K 750K-1M 1M-1.5M 1.5M-2M 2M-2.5M 2.5M-3M 3M-4M >4M Totals
72 43 51 15 12 5 4 5 207
75 43 38 27 9 4 8 2 206
% Change +4% 0% -25% +80% -25% -20% +100% -60% 0%
30
Rob Jensen Broker/President
20 10 0 500K-750K
750K-1M
1M-1.5M
1.5M-2M
2M-2.5M
2.5M-3M
3M-4M
>4M
Year over year the 4th quarter is usually stronger for guard gated sales than the summer’s 3rd quarter. The 4th quarter in 2017, with 215 guard gated sales, was actually stronger than the 3rd quarter in 2017, with 207 guard gated sales. So it’s possible that we might see a bump in the guard gated sales numbers for the 4th quarter of 2018. Regardless of the timing, make sure your home shows perfect and you accommodate every potential buyer showing. If you’d like to discuss selling your home, please call me at 702-605-7480 or email me at rob@robjensen.com. I’ll show you how our expertise can be used to your advantage.
FOR THE MONTH OF| APRIL 2017 SOLD PROPERTIES GUARD GATED FOR THE MONTH OF SEPTEMBER 2018
SUMMERLIN ADDRESS Aventura 9913 Mirada Drive Bellacere* Canyon Fairways* Corta Bella 8809 Bonta Court Country Club Hills* Country Rose Estates 2028 Scarlet Rose Drive 2204 Timber Rose Drive Eagle Hills 9008 Bald Eagle Drive 2025 Redbird Drive Eagle Rock* Mountain Trails* The Palisades 129 South Royal Ascot Drive Red Rock Country Club 2085 Alcova Ridge Drive 2884 Dove Run Creek Drive 2804 Evening Rock Street 3010 Soft Horizon Way 2992 Soft Horizon Way The Ridges 34 Garden Rain Drive 8 Garden Rain Drive 4208 Garnet Hills Court 76 Glade Hollow Drive 8 Lookout Ridge Drive 38 Moonfire Drive 11 Moonfire Drive 50 Morning Glow Lane 11450 Ruby Falls Way 84 Tapadero Lane
SF 3,023
LAS VEGAS PRICE $600,000
P/SF $198
2,700
$675,000
$250
2,934 3,573
$530,000 $560,000
$181 $157
7,350 7,691
$1,300,000 $1,787,500
$177 $232
ADDRESS
SF
Canyon Gate 8628 Titleist Circle One Queensridge Place 9103 Alta Drive #707 Queensridge 9609 Queen Charlotte Drive Regency at the Lakes* Southern Highlands 11975 Port Labelle Drive Spanish Hills* Spanish Trail 48 Gulf Stream Court 35 Ventana Canyon Drive (SS) Ten Oaks*
PRICE
6,444
$1,800,000
$279
2,271
$825,000
$363
3,497
$600,000
$172
3,888
$940,000
$242
6,368 6,982
$1,182,000 $1,745,000
$186 $250
HENDERSON 5,255
$1,172,000
$223
4,578 3,601 2,712 3,790 2,712
$1,200,000 $985,000 $725,000 $1,388,888 $620,000
$262 $274 $267 $366 $229
3,776 4,180 4,893 4,618 4,027 4,888 4,180 6,277 4,888 3,955
$1,365,000 $1,100,000 $1,805,221 $2,375,000 $1,900,000 $1,850,000 $1,242,087 $4,000,000 $1,659,160 $1,519,000
$361 $263 $369 $514 $472 $378 $297 $637 $339 $384
4,937 3,951 3,425
$1,600,000 $820,000 $825,000
$324 $208 $241
ADDRESS Anthem Country Club 33 Chalet Hills Terrace 61 Desert Highlands Drive 75 Feather Sound Drive The Fountains 2226 Versailles Court Hillsboro Heights 184 Springfield Street Legacy Estates* MacDonald Highlands 1717 Choice Hills Drive Roma Hills* Seven Hills - Rapallo* Seven Hills - Terracina/Venezia 1374 Opal Valley Street 1379 Opal Valley Street 1584 Villa Rica Drive
SF
PRICE
P/SF
3,374 3,037 2,513
$960,000 $865,000 $640,000
$285 $285 $255
4,389
$855,000
$195
3,485
$620,000
$178
4,265
$1,050,000
$246
6,100 3,605 7,160
$2,085,000 $910,000 $1,775,000
$342 $252 $248
Tournament Hills* The Vineyards* Willow Creek 2995 American River Lane 2760 Desert Troon Street 10744 Weather Top Court
P/SF
*No closed sales for the month of September
REO - Bank Owned Foreclosure
SS - Short Sale
3035 Lullingstone Street | Willow Creek
$899,000
4 Bedrooms | 3 Full Bathrooms, 1 Powder Room | 4,016 Square Feet Discover unrivaled living at this two-story home in Heritage Glen, an affluent subdivision of the 24-hour guard gated community of Willow Creek. Situated on a generous corner lot, this home boasts magnificent interior spaces and a prolific rear yard. High vaulted ceilings, travertine tile, and wrought iron fixtures serve to impress your guests as you welcome them into this stunning home.
#3035Lullingstone
42 Hunt Valley Trail | Anthem Country Club
$550,000
3 Bedrooms | 2 Full Bathrooms, 1 Powder Room | 2,076 Square Feet Enjoy a premier country club lifestyle at this single-story home in Anthem Country Club, a 24-hour guard gated community in Henderson. Located on a quiet hillside street, this home boasts breathtaking views of the Las Vegas Valley and showcases new carpet, paint, and light fixtures. The crowning glory of Anthem Country Club is its par72 championship golf course, designed by Hale Irwin and Keith Foster. Known for its social atmosphere, Anthem’s expansive 35,675 square foot clubhouse offers fine and casual dining, a state-of-the-art fitness center, and a resortstyle pool.
#42HuntValley
HOW’S THE MARKET? | GUARD GATED SALES STATISTICS - SEPTEMBER PRICE RANGE
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
ABS* RATE (MONTHS)
$500K-$750K
90
35
17
7
5
$750K-$1M
87
19
13
3
6.2
$1M-$1.5M
104
21
9
7
11.4
$1.5M-$2M
60
7
10
2
7.9
$2M-$2.5M
18
4
2
1
6.3
$2.5M-$3M
24
3
0
2
13.5
$3M-$4M
36
8
0
0
44
$4M+
55
5
1
2
60
* 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), 10/1/18. 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
576
52
+3.2% over last month -4.5% over last year Month over Month Sept '18 Aug '18
Month over Month 576 558
Year over Year Sept '18 Sept '17
-40% over last month -30% over last year 52
Sept '18
86
Aug '18 Year over Year
576 603
52
Sept '18 Sept '17
`
74
2508 Windjammer Way | Rancho Bel Air
$949,000
5 Bedrooms | 5 Full Bathrooms, 1 Powder Room | 5,226 Square Feet This is your opportunity to own an expansive two-story estate in Rancho Bel Air, an upscale guard gated community with deep roots in Las Vegas history. Beyond the horseshoe driveway, porte cochère, and brick-finished exterior, you’ll find a sprawling floor plan ripe with craftsman finishes. Highlights of this home include an expansive pool, a detached three-car garage with casita, and an upstairs master suite with unmatched privacy.
#2508Windjammer
10785 W. Twain Avenue, Suite 110 Las Vegas, NV 89135
JUST SOLD IN MACDONALD HIGHLANDS - $3,500,000 1473 MacDonald Ranch Drive
"Rob worked hard to sell our home. Created great brochures and a nice video of the home. He provided good advice and most importantly, he answers his phone. Kind of a crazy thing, but rare today with most agents. Sold the home for full price." - Chris Dockter, Seller
robjensenco
robjensen.com
702.605.7480