Rob's Report
SUMMERLIN, LAS VEGAS, & HENDERSON22
DRIFTING SHADOW WAY
22
DRIFTING SHADOW WAY
Dear Friends,
There’s a lot going on in the world and a lot of speculation on what might happen next—whether that’s concerning the stock market, the war in Ukraine, or real estate prices. We can’t see the future, but we can share the current temperature of the guard-gated real estate market in Las Vegas. In October, guard-gated sales were down 13.6% over September, while inventory stayed about the same month over month.
Every house and every situation is different, but each price range has its own microclimate—gauged by its absorption rate, which is a good measure of supply and demand. For example, there’s about a 6-month supply of homes priced between $500,000 and $750,000. That number is closer to 30 months for homes priced at $4,000,000 and above. These numbers only provide a starting point, however. If you’re looking to buy or sell in today’s market, we really need to talk on the phone—or preferably in person.
If you’re not looking to move right now but might consider it in the future, now is a great time to consider renovations if necessary. This will give you time to not only enjoy the changes for yourself, but also maximize the profits from your home sale—whenever that might be. The #1 complaint we hear from buyers all the time is: “The house is dated and needs too much work.” If you have the time and funds to make changes now, we advise you to do so. Since most of our clients want their house on the market yesterday, they usually don’t like the thought of taking a couple of weeks (or even months) to prepare it for sale.
We hope your holiday season is off to a great start, and we look forward to hearing from you soon!
Sincerely,
Broker / Owner
702.605.7480 rob@robjensen.com B.143770
Corta Bella 8824 Rozetta Court 3,946 $700,000 $177
Country Club Hills 2052 Glenview Drive 3,192 $1,530,000 $479
Eagle Hills 9220 Golden Eagle Drive 5,641 $2,500,000 $443
Mountain Trails 9825 Glenrock Drive 8,140 $3,775,000 $464
The Palisades 200 Surtees Point Street 5,252 $2,400,000 $457
Red Rock Country Club 2393 Calico Creek Court 4,121 $1,550,000 $376
11433 Glowing Sunset Lane 4,080 $1,936,000 $475
11276 La Madre Ridge Drive 3,601 $1,117,000 $310
2922 Soft Horizon Way 3,455 $1,750,000 $507
Reverence 3013 Dusky Willow Lane 2,542 $975,000 $384 10950 Red Yucca Drive 2,123 $1,200,000 $565
The Ridges 8 Midnight Ridge Drive 4,933 $3,625,000 $735
70 Pristine Glen Street 4,172 $1,880,000 $451
51 Sun Glow Lane 5,952 $4,900,000 $823
The Vineyards 10817 Beringer Drive 3,658 $1,325,000 $362
Canyon Gate 1924 Bay Hill Drive 2,231 $800,000 $359
One Queensridge Place 9103 Alta Drive, #904 3,100 $1,675,000 $540
Queensridge 9633 Gavin Stone Avenue 2,773 $1,055,000 $380
701 Jody Brook Court 2,989 $899,000 $301
900 Pont Chartrain Drive 3,936 $1,650,000 $419
9313 Verlaine Court 4,716 $1,700,000 $360
Southern Highlands 43 Olympia Hills Circle 7,256 $5,250,000 $724
8 Olympia Ridge Drive 6,250 $2,800,000 $448
49 Olympia Ridge Drive 6,103 $2,600,000 $426
24 Tea Olive Drive 3,904 $1,375,000 $352
12091 Whitehills Street 4,566 $2,200,000 $482
Spanish Hills 5148 Spanish Heights Dr 15,218 $8,560,000 $562
Spanish Trail 12 Princeville Lane 6,415 $1,650,000 $257
Tuscan Cliffs 4261 San Alivia Court 4,240 $1,750,000 $413
11106 Villa Bellagio Drive 6,664 $3,800,000 $570
11346 Villa Bellagio Drive 5,304 $1,800,000 $339
Anthem Country Club
30 Brays Island Drive 3,813 $1,700,000 $446
60 Desert Highlands Drive 3,037 $1,276,000 $420
12 Emerald Dunes Circle 1,833 $662,500 $361
14 Emerald Dunes Circle 1,268 $550,000 $434
11 Feather Sound Drive 1,942 $660,000 $340
53 Feather Sound Drive 1,942 $638,000 $329
77 Fountainhead Circle 2,678 $1,024,600 $383
16 Hassayampa Trail 3,600 $1,675,000 $465
2 Holston Hills Road 2,678 $1,150,000 $429
5 Isleworth Drive 4,979 $1,450,000 $291
16 Plum Hollow Drive 3,216 $1,900,000 $591
31 Sankaty Circle 5,561 $2,550,000 $459
Hillsboro Heights 1886 Fairfield Terrace 5,028 $1,050,000 $209
MacDonald Highlands 674 Dragon Point Drive 7,679 $5,830,000 $759
1320 Enchanted River Dr 5,555 $2,150,000 $387
648 Scenic Cliff Drive 2,827 $2,495,000 $883
611 Scenic Rim Drive 6,116 $3,600,000 $589
Seven HillsTerracina/Venezia 1531 Villa Rica Drive 7,353 $3,800,000 $517
Monica
NalbantogluDirector of Sales
702.605.7480 monica@robjensen.com S.179807
Guard-Gated | Summerlin | The Ridges 22 DRIFTING SHADOW WAY No closed sales for the month of October in Aventura, Bellacere, Canyon Fairways, Country Rose Estates, Eagle Rock, Mesa Ridge, The Summit Club, Tournament Hills, Willow Creek, Regency at the Lakes, Ten Oaks, Ascaya, The Fountains, Legacy Estates, Roma Hills, and Seven Hills - RapalloBoasting over $900,000 in renovations, this designer dream home sets a high standard of living in Silver Ridge—one of fourteen distinct gated neighborhoods within The Ridges, an ultra-chic guard-gated community that houses the city’s elite. Here, you can enjoy an indoor/outdoor lifestyle like no other—with 12’ ceilings on the main level, a thoughtfully-designed open floor plan, and oversized glass sliders that connect the great room to the courtyard and backyard. Upgrades to this modern smart home include French oak hardwood flooring, closets and pantries by California Closets, Restoration Hardware light fixtures, Control4 home automation with whole-home sound, and more!
A wonderful way of life awaits at this stunning single-story home in Talaverde—a gated community located in The Vistas, a Summerlin Village. Beyond the front courtyard and brand-new triple-bolt door, discover a gorgeous interior with hardwood floors, new light fixtures, and renovated bathrooms featuring new countertops and repainted knotty pine cabinetry. Less than a mile away, The Vistas Park offers 24 acres of outdoor recreation, a community center, and a swimming pool. Fine and casual dining and upscale retail shopping can be found less than three miles away at Downtown Summerlin, home of City National Arena and the Las Vegas Ballpark.