Lake Las Vegas Market Report - Year End 2020 - Presented by Gene Northup - 702.497.0300

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

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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.