ROB'S REPORT SUMMERLIN, L AS VEGAS, & HENDERSON NOV EMB ER 2 018
198 Inveraray Court | Legacy Estates
$1,175,000
5 Bedrooms | 6 Full Bathrooms, 1 Powder Room | 7,304 Square Feet Located on a private cul-de-sac in Legacy Estates—a premiere enclave of 85 custom homes in Henderson—this twostory estate was crafted to the highest of standards. Featuring an immense lot, an attached 1,250+ square foot guest wing, and a finished casita, this home is ideal for multigenerational living. This estate’s keen architectural design presents indoor/outdoor flows showcased by multiple skylights.
#198Inveraray
SOLD PROPERTIES | GATED FOR THE MONTH OF OC TOBER 2018
SUMMERLIN, LAS VEGAS, & HENDERSON ADDRESS
SF
PRICE
P/SF
Barrington* Canyon Crest 604 Verde Vista Place
4,530
$999,000
$221
3,788
$1,045,000
$276
2,052
$850,000
$414
3,712
$1,149,500
$310
The Lakes 3120 Beach View Court Mira Villa 9140 Tesoras Drive #302 Serrano* Seven Hills - Marquis* Seven Hills - Portofino* Sky Terrace 925 Vegas View Drive
*No closed sales for the month of October
NOVEMBER INTEREST RATES
4.625% 4.125%
30 Year Jumbo Fixed 7/1 Arm Jumbo Patrick Kobielsky BRANCH MANAGER 702-278-9659
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
Dear Friends, We recently hosted a spectacular private event at our exclusive listing in the Arrowhead custom home section of The Ridges. This magnificent residence, located at 57 Painted Feather Way, is currently available at $3,999,000. Renowned French bistro Marché Bacchus presented delectable bites, including Beef Wellington, Truffled Goat Cheese Napoleon, Lobster Cavatelli, and Ahi Tuna Tartare. Our guests all had smiles on their faces as they enjoyed cuisine complemented by finely aged Chateauneuf du Pape and other coveted vintages. Rob Jensen Broker/President
Magician Jason Bird wowed guests with his close-up magic and mind-blowing sleight of hand. Los Angeles A-list artist Ann McFerran provided a live painting performance, the product of which now brightens our office’s foyer. Jaguar Land Rover of Las Vegas sponsored incredible cars, which were on full display in the home’s spacious driveway. Yet none of these activities impeded the premium Scotch whiskey tasting in the upstairs entertainment wing, where our guests enjoyed Strip views from the balcony. Custom home and estate buyers have busy lives, making it challenging to get their attention. That’s why our marketing efforts, such as this recent gala, are proactive. We garnered the attention of the right people by inviting over 800 select guests, including past clients and current luxury homeowners from The Ridges and nearby upscale communities. Please contact me at 702-605-7480 or rob@robjensen.com if you would like to discuss selling your luxury home or buying a new one. Enjoy the photos, and I look forward to seeing you at one of our future events!
FOR THE MONTH OF| APRIL 2017 SOLD PROPERTIES GUARD GATED FOR THE MONTH OF OC TOBER 2018
SUMMERLIN ADDRESS Aventura* Bellacere* Canyon Fairways* Corta Bella* Country Club Hills 1820 Wincanton Drive Country Rose Estates* Eagle Hills* Eagle Rock 9701 Plateau Heights Place Mountain Trails* The Palisades* Red Rock Country Club 1999 Alcova Ridge Drive (REO) 11698 Glowing Sunset Lane 2625 Grassy Spring Place 2913 Soft Horizon Way 2932 Soft Horizon Way 2587 Turtle Head Peak Drive The Ridges 18 Night Song Way 74 Pristine Glen Street 7 Sable Ridge Court 27 Tapadero Lane 48 Wildwing Court
SF
4,795
LAS VEGAS PRICE
$1,175,000
P/SF
$245
3,666
$775,000
$211
5,037 3,085 4,423 2,712 2,508 4,965
$1,061,071 $1,000,000 $1,300,000 $800,000 $729,000 $1,205,000
$211 $324 $294 $295 $291 $243
7,558 3,776 13,255 3,802 6,588
$3,800,000 $1,250,000 $7,000,000 $1,625,000 $3,750,000
$503 $331 $528 $427 $569
4,308 4,450 3,364
$880,000 $1,325,000 $880,000
$204 $298 $262
Tournament Hills* The Vineyards* Willow Creek 10631 Capesthorne Way 10952 Keymar Drive Drive 10756 Penhurst Way
*No closed sales for the month of October
ADDRESS
SF
Canyon Gate 8713 Double Eagle Drive 9001 Emerald Hills Way 2324 Timberline Way One Queensridge Place* Queensridge 9609 Camden Hills Avenue 9621 Gavin Stone Avenue 9504 Kings Gate Court 9809 Royal Lamb Drive Regency at the Lakes* Southern Highlands 3502 Alpine Lily Drive 11845 Kingsbarns Court 55 Quintessa Circle 11992 Whitehills Street (REO) Spanish Hills* Spanish Trail 7888 Bermuda Dunes Avenue Ten Oaks*
PRICE
P/SF
3,792 8,438 2,747
$650,000 $2,099,900 $645,000
$171 $249 $235
3,373 2,782 21,861 2,859
$625,500 $587,500 $10,000,000 $596,000
$185 $211 $457 $208
2,172 2,172 8,774 3,220
$585,000 $550,000 $3,899,000 $675,000
$269 $253 $444 $210
2,963
$645,000
$218
PRICE
P/SF
HENDERSON ADDRESS
SF
Anthem Country Club 97 Emerald Dunes Circle 85 Fountainhead Circle 103 Fountainhead Circle 6 Hunt Valley Trail 34 Isleworth Drive 23 Morninglow Pass 16 Weston Hills Road The Fountains 2241 Versailles Court Hillsboro Heights 1895 Fairfield Terrace 183 Harvard Court Legacy Estates* MacDonald Highlands 1716 Choice Hills Drive 1473 Macdonald Ranch Drive 671 Palisade Rim Drive Roma Hills 1764 Amarone Way (REO) 1794 Anelli Court Seven Hills - Rapallo* Seven Hills - Terracina/Venezia 1608 Villa Rica Drive
REO - Bank Owned Foreclosure
2,162 3,776 1,942 2,162 3,962 2,460 1,905
$580,000 $675,000 $501,500 $510,000 $1,055,000 $535,000 $450,000
$268 $179 $258 $236 $266 $217 $236
4,091
$811,000
$198
3,480 4,560
$700,000 $860,000
$201 $189
4,265 8,950 5,000
$814,800 $3,500,000 $2,700,000
$191 $391 $540
7,886 4,749
$475,000 $1,550,000
$60 $326
6,409
$1,480,000
$231
SS - Short Sale
HOW’S THE MARKET? | GUARD GATED SALES STATISTICS - OCTOBER UNDER CONTRACT
SOLD
EXPIRED
ABS* RATE (MONTHS)
103
22
26
5
5.8
$750K-$1M
94
20
11
4
9.5
$1M-$1.5M
103
24
11
7
11.5
$1.5M-$2M
59
5
2
1
10.7
$2M-$2.5M
20
5
1
0
16.7
$2.5M-$3M
24
2
1
0
52
$3M-$4M
38
8
4
1
23
$4M+
59
2
3
2
30.5
PRICE RANGE $500K-$750K
FOR SALE
* 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), 11/1/18. 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
588
59
+2.1% over last month +2.4% over last year Month over Month
+9% over last month -20% over last year Month over Month
Oct '18
588
Oct '18
Sep '18
576
Sep '18
Year over Year
59 54
Year over Year
Oct '18
588
Oct '18
Oct '17
574
Oct '17
59 74
9704 Cameo Rose Lane | Country Rose Estates
$725,000
4 Bedrooms | 3 Full Bathrooms, 1 Powder Room | 3,128 Square Feet Modern design meets traditional living at this two-story home in Country Rose Estates, a guard gated community in The Trails Village of Summerlin. Showcasing over $200,000 in upgrades—including full kitchen and master suite remodels, brand new modern porcelain tile flooring, and over $40,000 in landscaping—every detail of this home has been tastefully considered. Residents of Country Rose Estates enjoy unmatched walkability to nearby schools and parks via a trail system connected to the community.
#9704CameoRose
10785 W. Twain Avenue, Suite 110 Las Vegas, NV 89135
JUST SOLD IN RED ROCK COUNTRY CLUB - $935,000 11563 Glowing Sunset Lane
"When it came time to pick an agent, Rob Jensen was definitely at the top of our list. Early on, many of the agents we interviewed pushed us to list the house below $900,000 for a quick sale, but Rob encouraged us to list it at $935,000. Within a week, we had multiple offers on the table. We got a full-price offer, which we accepted, and then we had a backup offer in case anything went wrong. Fortunately, everything went smoothly, and we closed at a price higher than I originally thought was feasible." - Tony Chaskelson, Seller
robjensenco
robjensen.com
702.605.7480