Rob's Report SUMMERLIN, LAS VEGAS, & HENDERSON
580 SAINT CROIX STREET MACDONALD HIGHLANDS
$4,750,000 | 7,122 SF 4 Bedrooms, 6 Bathrooms Custom Two-Story
Elevate your lifestyle at this custom two-story home, which is available turnkey and fully furnished in the exclusive guard-gated community of MacDonald Highlands. Perched on a ridge between the 12th green and 13th tee box of DragonRidge Golf Course, this property boasts unobstructed, panoramic views of the Las Vegas Strip framed by rolling hills and verdant fairways—and it was filmed in a popular movie. Beyond the private courtyard entry with a pool and spa, discover a one-of-a-kind floor plan designed for entertaining, relaxing, and enjoying the scenery. From multiple balconies to the generous use of glass, this home was built to showcase the view.
APRIL 2022
MARCH 2022
Sold Properties COMMUNITY ADDRESS
Guard-Gated
SF
PRICE
P/SF
2022 is off to a strong start. In the first quarter, there were 394 closed sales for single-family homes priced $1,000,000 and up in Las Vegas and Henderson—up 18% from Q1 2021 and up 300% from Q1 2019! The ultra-luxury segment (homes priced $4,000,000+) saw 25 sales in the first quarter, only a slight increase from the 24 sold in Q1 2021. However, when you compare this to the 5 sales in Q1 2020 and 4 sales in Q1 2019, you can see how much this segment of the market has grown—especially considering the high-end homes that are currently under construction. If you’d like to see all of the quarterly stats broken down for the last 4 years by property type, please reach out to us. Compared to February, guard-gated sales for March showed a 5.3% uptick in inventory and an 11% increase in pending sales. This is expected as we begin to roll into the spring selling season. Year over year, however, inventory was down 6.3% and pending sales were down 33.5% in March. Even as interest rates continue to rise, 2022 will remain a seller’s market due to low inventory and strong demand. When it comes to getting our clients top dollar, these favorable market conditions are helpful. However, we are continuing to make substantial investments in video cameras, equipment, and team members to better leverage the power of video when selling our luxury listings locally, nationally, and globally. Visit our YouTube channel to see what we’ve been up to, and make sure you subscribe if you want to be the first to see new content.
P/SF
3,023
$1,290,000
$427
Canyon Gate
2304 Glenbrook Way
4,999
$1,850,000
$370
Corta Bella
8817 Montagna Drive
4,124
$1,300,000
$315
One Queensridge 9101 Alta Drive, #901 Place 9101 Alta Drive, #103
4,792
$3,250,000
$678
3,889
$2,950,000
$759
$1,700,000
$548
1800 Glenview Drive
4,587
$1,390,000
$303
1829 Glenview Drive
3,114
$1,300,000
$417
9101 Alta Drive, #1404
3,100
9004 Rolling Knoll Court
3,041
$980,000
$322
9101 Alta Drive, #18
1,929
$785,000
$407
9103 Alta Drive, #706
2,137
$1,070,000
$501
Queensridge
9900 Orient Express Court
8,135
$4,675,000
$575
Southern Highlands
64 Olympia Canyon Way
8,684
$7,025,000
$809
24 Olympia Chase Drive
4,155
$2,200,000
$529
42 Olympia Hills Circle
8,771
$4,375,000
$499
Country Rose Estates
2024 Spring Rose Street
3,231
$830,000
$257
Eagle Rock
704 Pinnacle Heights Lane
3,610
$1,325,000
$367
444 Pinnacle Heights Lane
3,556
$1,050,888
$296
508 Pinnacle Heights Lane
3,666
$967,000
$264
Mountain Trails 9800 Moonridge Court
7,278
$2,900,000
$398
The Palisades
409 Grand Augusta Lane
4,919
$1,375,000
$280
Red Rock Country Club
11595 Evergreen Creek Lane
5,687
$3,899,999
$686
11474 Glowing Sunset Lane
2,712
$1,700,000
$627
2660 Grassy Spring Place
4,443
$1,950,000
$439
11522 Morning Grove Drive
5,555
$3,650,000
$657
2080 Orchard Mist Street
4,062
$2,175,000
$535
2955 Red Arrow Drive
5,687
$3,200,000
$563
2810 Red Arrow Drive
4,423
$2,200,000
$497
2989 Red Springs Drive
2,508
$1,255,000
$500
3125 Turtle Head Peak Drive
3,823
$2,100,000
$549
3223 Turtle Head Peak Drive
4,732
$2,050,000
$433
11280 Ansel Court
3,956
$2,525,000
$638
2920 Full Lotus Drive
2,314
$1,200,000
$519
3130 Indigo Macaw Lane
3,956
$2,570,000
$650
11161 Luna Blanca Drive
3,902
$2,020,000
$518
2700 Orange Sky Lane
4,099
$2,200,000
$537
7 Boulder Rock Circle
4,090
$3,400,000
$831
25 Cross Ridge Street
4,179
$2,190,000
$524
23 Garden Rain Drive
3,562
$2,260,000
$634
11280 Granite Ridge Dr, #1036
3,301
$1,350,000
$409
Reverence
The Ridges
44 Hawk Ridge Drive
Sincerely, The Vineyards
Monica Nalbantoglu Director of Sales 702.605.7480 monica@robjensen.com S. 179807
PRICE
9916 Alegria Drive
When it comes to the sales process, we understand that it’s quite an inconvenience for home sellers. However, we guarantee that our team, technology, and process of qualifying potential buyers will minimize the headache and maximize your profit. We look forward to talking to you.
Rob Jensen Broker / President 702.605.7480 rob@robjensen.com B.143770
SF
Aventura
Country Club Hills
Dear Friends,
ADDRESS
LAS VEGAS
SUMMERLIN
580 SAINT CROIX STREET | MACDONALD HIGHLANDS
COMMUNITY
32 Olympia Ridge Drive
6,103
$3,000,000
$492
Spanish Hills
4960 Spanish Vista Lane
4,292
$1,360,000
$317
Spanish Trail
7960 Bermuda Dunes Ave
2,692
$888,000
$330
60 Sawgrass Court
4,151
$1,151,000
$277
17 Brandermill Drive
2,513
$1,000,000
$398
3 Chatmoss Road
2,010
$750,000
$373
7 Contra Costa Place
3,848
$1,222,000
$318
30 Emerald Dunes Circle
1,393
$559,000
$401
5 Fallows Fire Court
2,005
$850,000
$424
58 Fountainhead Circle
2,678
$950,000
$355
36 Hunt Valley Trail
2,076
$795,000
$383
11 Yorkridge Court
7,526
$4,550,000
$605
HENDERSON Anthem Country Club
9 Yorkridge Ct (Short Sale)
7,018
$2,650,000
$378
Ascaya
3 Boulderback Drive
6,287
$6,000,000
$954
The Fountains
2219 Chatsworth Court
4,790
$1,450,000
$303
MacDonald Highlands
1748 Cypress Manor Drive
4,015
$1,500,000
$374
1704 Cypress Manor Drive
3,248
$1,328,000
$409
1409 Foothills Village Drive
4,107
$1,950,000
$475
1480 MacDonald Ranch Dr
11,639
$6,550,000
$563
657 Ridgestone Rim Court
6,775
$4,900,000
$723
472 Saint Moritz Drive
9,995
$8,500,000
$850
779 Clove Court
4,739
$1,650,000
$348
1797 Valenzano Way
6,799
$2,220,000
$327
1274 Imperia Drive
5,608
$2,200,000
$392
Seven Hills 2606 Ragusa Court Terracina/Venezia
6,402
$4,600,000
$719
11,113 $11,400,000 $1,026
7 Morning Sky Lane
6,762
$4,600,000
$680
78 Pristine Glen Street
3,776
$2,195,000
$581
10 Ridge Blossom Road
8,585
$5,700,000
$664
1201 Dry Point Court
3,573
$1,365,000
$382
1205 Moselle Court
4,211
$1,625,000
$386
No closed sales for the month of March in Bellacere, Canyon Fairways, Eagle Hills, Mesa Ridge, The Summit, Tournament Hills, Willow Creek, Regency at the Lakes, Tuscan Cliffs, Ten Oaks, Hillsboro Heights, Legacy Estates
Roma Hills
Seven Hills Rapallo
MARCH 2022
How's The Market? PRICE RANGE
Guard-Gated Sales Statistics
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
ABS* RATE (MONTHS)
$500K-$749K
13
10
13
1
1.5
$750K-$999K
15
17
20
2
1.5
$1M-$1.49M
20
35
25
0
2.4
$1.5M-$1.99M
28
15
9
1
3.9
$2M-$2.49M
17
28
12
1
4.7
$2.5M-$2.99M
12
12
4
1
8.0
$3M-$3.99M
20
12
5
2
7.1
$4M+
54
22
12
2
8.9
*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), 3/31/22. 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 MAR 2022
Monthly & Yearly
ACTIVE LISTINGS
UNDER CONTRACT
CLOSED SALES
179
151
100
3/31/22
3/31/22
MARCH '22
OVER FEB '22
+5.3%
+11%
+7.5%
OVER MAR '21
-6.3%
-33.5%
-37%
FEB 2022
170 2/28/22
136 2/28/22
F E B R U A RY ' 2 2
MAR 2021
191
227
159
3/31/21
3/31/21
93
MARCH '21
580 SAINT CROIX ST MACDONALD HIGHLANDS
UNDER CONTRACT
2 3 5 5 G R E E N M O U N TA I N C O U R T R E D R O C K C O U N T RY C L U B $1,650,000 | 3,455 SF 4 Bedrooms, 5 Bathrooms Two-Story
Magnificent mountain views await at this two-story home in the 24hour guard-gated community of Red Rock Country Club, securely located behind a secondary gate in The Vistas. Recently refreshed with new carpet and fresh interior paint, this home is beautiful and move-in ready. Design details include 18”x36” porcelain tile, hardwood flooring, and picture windows paired with Hunter Douglas silhouettes to take full advantage of the view. In the private rear yard, you can lounge on the covered patio, host a barbecue at the outdoor kitchen, immerse yourself in the PebbleTec pool and spa, or even take a hike from your own trailhead.
10785 W. Twain Avenue, Suite 110 Las Vegas, NV 89135 702.605.7480 | robjensen.com
We’re the only real estate brokerage in Las Vegas that focuses exclusively on guard-gated communities. And, just like these special places, we offer a higher level of service and protection. Because our discerning clients deserve it. We’re able to offer this because our team is uniquely comprised of full-time, salaried professionals — all collaborating and proactively staying on top of every detail in the transaction. And all to deliver a client experience that’s more honest, more dependable, and all-around more enjoyable.
Your guide through the gates. From left to right: Matina Wyrick, Stacey Short, Monica Nalbantoglu, Mindy Walker, Rob Jensen, Dylan Edwards, Kyle Zabelny, Andy Gorman, Max Fox robjensenco
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