2020
LAKE LAS VEGAS
YEAR END MARKET REPORT
Gene Northup 702.497.0300
the lake las vegas
LEADER IN LUXURY In working collaboratively with our global Sotheby’s International Realty affiliates, Synergy Sotheby’s International Realty executes intelligent, innovative, and strategic sales and marketing programs, delivering maximum results and an exceptional level of service to our clients.
Visit the Lake Las Vegas Real Estate Information Office at 2030 Lake Las Vegas Pkwy. Open Daily 10am to 5pm.
synergysir.com
702.497.0300
THE ONE THING YOU’LL HEAR MOST OFTEN IN LAKE LAS VEGAS...
GENE NORTHUP IS MY REALTOR.
AG E NT NA M E
# OF SAL ES
SAL ES VOLUME
Gene GeneNorthup Northup
50 50
$37,935,900 $37,935,900
Signature Gallery Of Homes
42
$33,809,000
Windermere Prestige Properties
20
$14,010,888
NV Superior Properties
18
$11,049,900
NON MLS
15
$8,700,359
Real Estate Consultants of Nv
12
$9,133,345
Windermere Prestige Properties
12
$5,107,800
Coldwell Banker Premier
12
$5,850,299
Wardley Real Estate
11
$4,858,884
Platinum R.E. Professionals
9
$6,525,000
Coldwell Banker Premier
8
$5,906,000
BHHS Nevada Properties
7
$4,079,900
*All information from sources deemed to be reliable although not warranted or guaranteed by Sotheby’s International Realty®. Information based on GLVAR MLS Gathered 1/10/2021, does not reflect Non MLS sales, nor does it reflect transfers of title that were not marketed by a real estate agent.
GK Properties 7 $4,163,611 WHEN IT’S TIME TO SELL, CALL GENE AT 702.497.0300
THE HIGHEST SALE FOR 2020 23 SUMMER HOUSE DRIVE — SOLD BY GENE
exceptional sales by
GENE NORTHUP $11,250,000
770 Dragon Ridge Drive Gene Nor thup
$6,500,000
23 Summer House Drive Gene Nor thup
$3,500,000
9017 Grove Crest Lane Gene Nor thup
$2,272,731
535 Serenity Point Gene Nor thup
$2,219,590
491 Serenity Point Gene Nor thup
$1,680,000
1348 Enchanted River Drive Gene Nor thup
$1,590,000
18 Summer House Gene Nor thup
$1,590,000
22 Summer House Gene Nor thup
$1,550,000
36 Grand Miramar Drive Gene Nor thup
$1,525,000
10 Sunrise Beach Drive Gene Nor thup
$1,490,000
19 Summer House Gene Nor thup
$1,430,000
15 Summer House Gene Nor thup
$1,296,000
45 Vista Outlook Gene Nor thup
$1,250,000
10 Grand Corniche Drive Gene Nor thup
$1,175,000
3581 East Maule Avenue Gene Nor thup
$1,150,000
7 Via Ravenna Cour t Gene Nor thup
$1,099,000
761 Lomprey Avenue Gene Nor thup
$1,050,000
3016 Campbell Circle Gene Nor thup
$985,000
12 Moltrasio Lane Gene Nor thup
$980,000
5 Serra Bellisima Cour t Gene Nor thup
$980,000
2 Summer House Drive Gene Nor thup
$809,900
31 Rue Mediterra Drive Gene Nor thup
TOP REASONS
WHY YO U S H O U L D L I ST YO U R H O M E W I T H
SY N E R G Y S OT H E B Y ’ S I N T E R N AT I O N A L R E A LT Y
An
E ST.
Ic
on
ic
Br
an
dH erit a ge Dat ing
Bac
k to 1 74 4w ith
the
Inc
ept
ion
of
the
So
th
eb
y’
s
Au
c ti on
Ho us
e
BRAND INNOVATION NETWORK WEB TRAFFIC MEDIA DOMINATION MARKETING TRACK RECORD CLIENTELE
SothebysRealty.com Sotheby’s International Realty’s website, sothebysrealty.com, is the #1 most trafficked website in the world for luxury properties.
Property Syndication Sotheby’s International Realty’s proprietary listing distribution program ensures that properties in all areas are seen by more affluent buyers online than any other real estate brand. This program places properties up front and center on over 7,000 websites, a feat that cannot be imitated or duplicated by other real estate brands.
The Network Sotheby’s International Realty’s network of top producing agents across 1,000 offices in 70 countries produced over 114 billion in total sales volume in 2019. This network of agents consistently work together to refer clients to one another, meaning that properties listed with Sotheby’s International Realty benefit from the entire network working together to drive awareness and buyers.
Marketing Sotheby’s International Realty’s hand-selected global marketing plan provides clients the most comprehensive, targeted marketing in real estate touching connected TV, earned press, print, digital, social and experiential marketing.
Innovation Sotheby’s International Realty’s digital innovations consistently attract buyer loyalty. Buyers interact with first-to-market innovations such as virtual reality property tours, embedded video showings and area lifestyle immersion. The result? Sotheby’s International Realty has more video and VR interaction than Zillow, Coldwell Banker, Compass, Berkshire Hathaway, Engel and Volkers and Realtor.com combined.
Noteworthy Clientele A clientele base including: 71 of Forbes 100 Wealthiest People, 253 of Forbes 400 Wealthiest Americans, 60 of Worth Magazine’s Benefactor 100 List, and 78 of Forbes 100 Wealthiest Americans.
Proven Track Record 277 Year Brand Heritage, 114 Billion Annual Sales Volume in 2019, 2.4 Billion in Annual Referrals, 34 Million Website Views Annually, 123M+ Property Video Views, 4.4 Billion Media Impressions Annually.
Media Domination Sotheby’s International Realty receives more press mentions and media collaborations than any other real estate brand. Due to the quality and consistency of Sotheby’s International Realty’s inspirational properties, brands such as Apple, Vogue, The New York Times, Wall Street Journal, Dwell, Financial Times, Dow Jones and beyond drive their viewers, readers and brand loyalists to Sotheby’s International Realty properties daily.
Brand Power The powerful Sotheby’s International Realty blue sign and classic branding immediately differentiate every Sotheby’s International Realty property. Sotheby’s International Realty’s brand is aspirational, placing it in a league with brands like Tiffany and Co., Porsche and Gucci. This brand power attracts the attention of qualified buyers worldwide.
LAKE LAS VEGAS OVERVIEW
January through December
2019
Average Sale Price
Year over Year Change
$681,615
$799,998
$118,383
73
73
--
Highest Sold Price
$3,350,000
$6,500,000
+$3,150,000
Lowest Sold Price
$287,500
$300,000
-$12,500
228
199
-29
97%
97%
0%
$155,408,278
$159,199,638
+$3,791,360
Average Days on Market
Properties Sold % Sold Price to List Price Total Dollar Volume Sold
8
2020
LAKE LAS VEGAS YEAR END MARKET REPORT | 2020
Gene Northup 702.497.0300
5 YEAR TRENDS
Average Sale Price
2015
2016
2017
2018
2019
2020
$564,007
$634,487
$640,472
$673,433
$681,615
$799,998
57
75
102
102
228
199
Properties Sold
Average Sales Price $850,000
$799,998
$800,000 $750,000
$673,433
$700,000
$634,487
$650,000
$640,472
$600,000 $550,000
$681,615
$564,007
$500,000 2015
2016
2017
2018
2019
2020
Properties Sold 250
228 199
200 150 100
102
102
2017
2018
75 57
50 0 2015
2016
To learn the value of your home, remember to call Gene at 702.497.0300. I look forward to being of service.
2019
2020
TO VIEW THE FULL REPORT, VISIT
LLVReports.com LAKE LAS VEGAS YEAR END MARKET REPORT | 2020
9
custom LUXURY AWAITS
CUSTOM HALF ACRE LOTS FROM $409,500 Visit the Lake Las Vegas Real Estate Information Office at 2030 Lake Las Vegas Pkwy to learn more about these custom lots. Open Daily 10am to 5pm.
STUNNING CUSTOM HOMESITES I N A N E X C L U S I V E G AT E D E N C L AV E
synergysir.com | 702.497.0300
SOUTH SHORE OVERVIEW
January through December
2019
Average Sale Price
Year over Year Change
$1,047,942
$1,092,350
+$44,407
110
70
-40
Highest Sold Price
$3,350,000
$2,450,000
-$900,000
Lowest Sold Price
$550,000
$520,000
-$30,000
52
44
-8
94%
94%
--
$54,493,000
$48,063,388
-$6,429,612
Average Days on Market
Properties Sold % Sold Price to List Price Total Dollar Volume Sold
Pictured 10 Via Potenza
12
2020
LAKE LAS VEGAS YEAR END MARKET REPORT | 2020
Gene Northup 702.497.0300
5 YEAR TRENDS
Average Sale Price
2015
2016
$741,843
$860,042
$1,015,452
$1,099,438
$1,047,942
$1,092,350
17
29
23
26
52
44
Properties Sold
2017
2018
2019
2020
Average Sales Price $1,150,000
$1,099,438
$1,092,350
$1,015,452
$1,050,000
$1,047,942 $950,000 $850,000
$860,042
$750,000
$741,843 $650,000 2015
2016
2017
2018
2019
2020
Properties Sold 60 52 50
44
40 29
30 20
23
26
17
10 0 2015
2016
2017
To learn the value of your home, remember to call Gene at 702.497.0300. I look forward to being of service.
2018
2019
2020
TO VIEW THE FULL REPORT, VISIT
LLVReports.com LAKE LAS VEGAS YEAR END MARKET REPORT | 2020
13
NORTH SHORE OVERVIEW
January through December
2019
Average Sale Price
$769,280
$920,438
+$151,158
65
82
+17
Highest Sold Price
$1,499,990
$6,500,000
+$5,000,010
Lowest Sold Price
$490,000
$446,104
-$43,896
42
58
-16
96%
97%
+1%
$32,309,760
$53,385,395
+$21,075,635
Average Days on Market
Properties Sold % Sold Price to List Price Total Dollar Volume Sold
Pictured 62 Bella Lago
14
LAKE LAS VEGAS YEAR END MARKET REPORT | 2020
2020
Year over Year Change
Gene Northup 702.497.0300
5 YEAR TRENDS
Average Sale Price
2015
2016
2017
2018
2019
2020
$575,833
$574,247
$705,258
$688,416
$769,280
$920,438
13
15
29
23
42
58
Properties Sold
Average Sales Price $1,000,000
$920,438 $900,000
$769,280
$800,000
$705,258 $700,000
$688,416
$575,833
$600,000
$574,247 $500,000 2015
2016
2017
2018
2019
2020
Properties Sold 70 58
60 50
42
40 29
30 20
23 13
15
10 0 2015
2016
2017
To learn the value of your home, remember to call Gene at 702.497.0300. I look forward to being of service.
2018
2019
2020
TO VIEW THE FULL REPORT, VISIT
LLVReports.com LAKE LAS VEGAS YEAR END MARKET REPORT | 2020
15
find your DREAM HOME
We all have dreams and they are as vast and varied as the world is wide. But they all start with inspiration, and inspiration starts with your surroundings. That’s what home is. A sense of place. An amazing view. It’s all part of what makes a space a home, because your home is where you truly LIVE.
Gene Northup 702.497.0300 2030 Lake Las Vegas Pkwy Henderson, NV 89011
Synergy Sotheby’s International Realty is proud to be the master listing agent for Lake Las Vegas. From waterfront lots to custom homes, our team of experts is here to help you find your dream lifestyle. Visit the Lake Las Vegas Real Estate Information Office to learn more. 2030 Lake Las Vegas Pkwy, Henderson, NV 89011 | Open Daily 10am to 5pm Located next to The Westin
synergysir.com | 702.497.0300
FALLS OVERVIEW
January through December
2019
Average Sale Price
Year over Year Change
$511,981
$595,370
+$83,388
61
69
+8
Highest Sold Price
$1,040,000
$1,296,000
+$256,000
Lowest Sold Price
$287,500
$300,000
+$12,500
134
97
-37
98%
98%
--
$68,605,518
$57,750,855
-$10,854,663
Average Days on Market
Properties Sold % Sold Price to List Price Total Dollar Volume Sold
18
2020
LAKE LAS VEGAS YEAR END MARKET REPORT | 2020
Gene Northup 702.497.0300
5 YEAR TRENDS
Average Sale Price
2015
2016
2017
2018
$446,343
$452,633
$430,404
$457,946
$511,981
$595,370
27
31
50
53
134
97
Properties Sold
2019
2020
Average Sales Price $595,370 $600,000
$550,000
$500,000
$511,981
$457,946
$452,633 $450,000
$446,343
$430,404
$400,000 2015
2016
2017
2018
2019
2020
Properties Sold
160
134
140 120
97
100 80 60 40
27
50
53
2017
2018
31
20 0 2015
2016
To learn the value of your home, remember to call Gene at 702.497.0300. I look forward to being of service.
2019
2020
TO VIEW THE FULL REPORT, VISIT
LLVReports.com LAKE LAS VEGAS YEAR END MARKET REPORT | 2020
19
Gene Northup 702.497.0300 10100 W Charleston Blvd Suite 160 Las Vegas, NV 89135
When it’s time to sell, call Gene at 702.497.0300
Sports Club Membership Included When listed or purchased through Gene Northup, you will enjoy the benefits of a Lake Las Vegas Sports Club Membership — valued at $10,000.
INCLUDED WHEN YOU LIST OR BUY WITH GENE
®,™ and SM are licensed trademarks to Sotheby’s International Realty Affiliates, Inc. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated, Except Offices Owned And Operated By NRT Incorporated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. *All information from sources deemed to be reliable although not warranted or guaranteed by Sotheby’s International Realty®. Information based on GLVAR MLS Gathered 1/10/2021, does not reflect Non MLS sales, nor does it reflect transfers of title that were not marketed by a real estate agent.