ROB'S REPORT SUMMERLIN, L AS VEGAS, & HENDERSON
J U LY 2 0 19
705 TANDOORI LANE SERRANO | $1,148,000
4,253 Square Feet | 4 Bedrooms | 4 Bathrooms | Two Story You’ll cherish the views of the Red Rock mountains and tranquil lifestyle provided by this two-story Toll Brothers home in Serrano, a gated community in the acclaimed Paseos Village of Summerlin. Built around a central courtyard, this home boasts a high-class interior with travertine tile, plantation shutters, and all new paint, light fixtures, and Mohawk Berber carpet. Whether entertaining guests or enjoying some alone time, you’ll appreciate the stylish eat-in kitchen, the solar heated pool and spa, and the mountain view master suite.
#705Tandoori
SOLD PROPERTIES | GATED FOR THE MONTH OF JUNE 2019
SUMMERLIN, LAS VEGAS, & HENDERSON ADDRESS
SF
PRICE
P/SF
The Lakes
ADDRESS
SF
PRICE
P/SF
Sky Terrace
2909 Coast Line Court
7,876
$3,500,000
$444
2264 Sunrise Ridge Court
5,809
$1,890,000
$325
*No closed sales for the month of June in Barrington, Canyon Crest, Mira Villa, Serrano, Seven Hills - Marquis, Seven Hills - Portofino
Dear Friends, Sellers of luxury homes expect and deserve to get the highest price and most favorable terms that the market can deliver. In order to accomplish this goal, it’s important to understand the emotional factors that affect buyers. Our multiple decades of experience in selling high-end residences have proven that when you're selling a luxury home, you're really selling the “lifestyle experience”. The maximum seller benefits are achieved when you help buyers envision their family and the social events they'll enjoy while living in the home. Subconsciously, buyers are thinking: Does it feel like my home? Can I see my family living here?
Rob Jensen Broker/President
Buyers often spend a lot of time looking at properties online. They also visit open houses and view multiple showings before they finally make an offer. We use all the senses to touch on their emotional cues to make your home memorable and stand out from the pack. That means visually, audibly, and aromatically. Remember that selling a home is different than living in one. Your home must show as neat and clean as possible. All lights should be turned on, blinds opened, ceiling fans set to low speed, beds made, and superfluous clutter removed. If your pool has water features, they should be turned on. If it's not the middle of summer, then fireplaces should also be on. Light music adds “energy” to a home. If your home has a surround sound system, then low-volume music should envelop the home. In the absence of surround sound, well-placed music players in the main kitchen area and the master bedroom are good substitutes. In both instances you should avoid standard radio stations, which are replete with commercials. Often overlooked is the buyers’ sense of smell. Whether that means fresh baked cookies at an open house or gently scented candles for showings, this opportunity should not be missed. Additionally, the smell of fresh paint can actually give buyers the feeling that the home “looks” cleaner. Shy away from plugging air fresheners into multiple outlets as that can smell a little off. We have an experienced team of licensed professionals that arrive early and prepare every one of our luxury listings before every showing. Please call us at 702-605-7480 and we’ll prove how our experience in the luxury resale market can help you.
Sincerely,
Rob Jensen Broker / President
FOR THE MONTH OF| APRIL 2017 SOLD PROPERTIES GUARD GATED FOR THE MONTH OF JUNE 2019
SUMMERLIN ADDRESS
SF
LAS VEGAS PRICE
P/SF
Aventura 10001 Mirada Drive Bellacere* Canyon Fairways 9521 Tournament Canyon Drive 9533 Tournament Canyon Drive Corta Bella 1721 Corta Bella Drive 8808 Cortile Drive Country Club Hills 1701 Glenview Drive (SS) Country Rose Estates* Eagle Hills* Eagle Rock* Mountain Trails 9800 Highridge Drive The Palisades 10404 Orkiney Drive Red Rock Country Club 2122 Country Cove Court 11530 Evergreen Creek Lane 11669 Glowing Sunset Lane 2068 Orchard Mist Street 3082 Soft Horizon Way 11540 Timber Mountain Avenue 3181 Turtle Head Peak Drive 11562 West Snow Creek Avenue The Ridges 22 Garden Rain Drive 24 Garden Rain Drive 62 Meadowhawk Lane 35 Olive Ridge Drive 11485 Opal Springs Way 35 Sun Glow Lane
3,423
$615,000
$180
5,343 4,217
$1,995,000 $1,200,000
$373 $285
3,511 3,511
$748,800 $650,000
$213 $185
4,369
$775,000
$177
4,123
$980,000
$238
5,236
$1,490,000
$285
3,739 3,823 3,823 5,037 2,160 3,085 3,085 3,455
$1,035,000 $1,225,000 $1,219,000 $1,280,000 $695,000 $1,000,000 $1,100,000 $885,000
$277 $320 $319 $254 $322 $324 $357 $256
4,172 3,776 6,380 3,776 5,047 3,341
$1,500,000 $1,370,000 $3,500,000 $1,600,000 $1,715,000 $2,075,000
$360 $363 $549 $424 $340 $621
Tournament Hills 1528 Champion Hills Lane The Vineyards* Willow Creek 2990 Traverse Creek Lane
7,362
$1,725,000
$234
5,882
$1,800,000
$306
*No closed sales for the month of June
ADDRESS
SF
Canyon Gate 2005 Eagle Trace Way 2125 Lookout Point Circle 8644 Scarsdale Drive (REO) Queensridge 9612 Gavin Stone Avenue 652 Ravel Court (SS) 9601 Royal Lamb Drive Regency at the Lakes 9901 Fox Springs Drive Southern Highlands 3290 Birchwood Park Circle 44 Olympia Ridge Drive 11946 Port Labelle Drive Spanish Hills 4943 Spanish Heights Drive Spanish Trail* Ten Oaks*
PRICE
P/SF
4,871 2,747 4,333
$1,125,000 $675,000 $1,075,000
$231 $246 $248
2,782 4,758 3,417
$645,000 $675,000 $575,000
$232 $142 $168
3,274
$596,550
$182
3,165 6,103 4,090
$633,500 $1,877,256 $1,300,000
$200 $308 $318
5,253
$1,075,000
$205
HENDERSON ADDRESS
SF
Anthem Country Club 14 Contra Costa Place 14 Desert Highlands Drive 18 Emerald Dunes Circle 6 Golf Crest Court (SS) 26 Hunt Valley Trail 68 Isleworth Drive 5 Karsten Creek Court 4 Moss Spring Court 20 Weston Hills Road The Fountains 2302 Prometheus Court Hillsboro Heights 1895 Hillsboro Drive Legacy Estates 2042 Troon Drive MacDonald Highlands 1704 Authentic Court Roma Hills* Seven Hills - Rapallo* Seven Hills - Terracina/Venezia 2606 Ragusa Court
REO - Bank Owned Foreclosure
PRICE
P/SF
3,680 2,772 1,613 3,942 2,225 4,607 3,588 7,478 1,905
$845,000 $715,000 $447,500 $870,000 $450,000 $1,067,500 $970,000 $2,592,500 $529,900
$230 $258 $277 $221 $202 $232 $270 $347 $278
3,898
$690,000
$177
4,775
$856,500
$179
4,575
$875,000
$191
4,291
$1,000,000
$233
6,402
$1,950,000
$305
SS - Short Sale
HOW’S THE MARKET? | GUARD GATED SALES STATISTICS - JUNE UNDER CONTRACT
SOLD
EXPIRED
ABS* RATE (MONTHS)
107
27
26
5
5
$750K-$1M
96
22
10
10
7.6
$1M-$1.5M
111
21
18
1
6.3
$1.5M-$2M
65
12
8
7
6.4
$2M-$2.5M
33
1
1
0
8.5
$2.5M-$3M
27
3
1
0
20
$3M-$4M
42
6
1
3
24
$4M+
72
5
0
2
154
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), 7/1/19. 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
650
65
+0.2% over last month +21.5% over last year Month over Month
-36% over last month -21% over last year Month over Month
Jun '19
650
Jun '19
May '19
649
May '19
Year over Year
102
Year over Year 650
Jun '19 Jun '18
65
535
Jun '19 Jun '18
65 82
47 PRISTINE GLEN STREET THE RIDGES | $1,375,000
4,172 Square Feet | 4 Bedrooms | 5 Bathrooms | Two Story Discover contemporary comfort at this modern two-story home in The Ridges, an exclusive desert sanctuary marked by beautifully designed streetscapes, rich and colorful landscaping, and stunning architecture. Built by William Lyon Homes on a rare .21-acre corner lot, this home is as spacious as it is stylish. Whether you’re savoring life in the modern kitchen, entertaining in the formal dining room, or lounging on the covered patio, you’ll enjoy the excellent indoor/outdoor living experience that this floor plan provides.
#47PristineGlen
9812 WINTER PALACE DRIVE QUEENSRIDGE | $1,149,000
4,472 Square Feet | 3 Bedrooms | 4 Bathrooms | Two Story This custom two-story estate is situated on a half-acre lot overlooking a natural arroyo in Queensridge South—a 24-hour guard gated community revered for its lush landscaping, security, and serenity. Beyond the horseshoe driveway and Tuscan columns that mark the entrance, discover a spacious interior defined by tray ceilings and imported Italian marble. Whether you are lounging in the generous rear yard, capturing mountain views from the master balcony, or entertaining in the eat-in kitchen, life here is undeniably tranquil.
#9812WinterPalace
772 LATINA COURT ROMA HILLS | $1,088,000
4,473 Square Feet | 3 Bedrooms | 3 Bathrooms | Single-Story Discover an invaluable sense of peace at this contemporary custom home in Roma Hills, a 24-hour guard gated community located in the quiet foothills of Green Valley. Structured around a central backyard, the midcentury modern architecture relies on curves and oblique angles to create a sensible flow between private and communal spaces. Highlights include an ultra-private master suite, an expansive open plan kitchen and great room, and a private wing for the other bedrooms.
#772Latina
10785 W. Twain Avenue, Suite 110 Las Vegas, NV 89135
11540 TIMBER MOUNTAIN AVENUE JUST SOLD IN RED ROCK COUNTRY CLUB | $1,000,000
robjensenco
robjensen.com
702.605.7480