2nd QTR 2015 Report - Las Vegas Luxury Homes

™

Global Exposure | Local Presence

Luxury Homes Report Second Quarter 2015

L u x u r y H o m e s L a s Ve g a s . c o m

JUST SOLD! MACDONALD HIGHLANDS 1675 TANGIERS DRIVE | $1,370,000

JUST SOLD! SPANISH TRAIL 41 CASCADE CREEK LANE | $1,150,000 *

LEI

Single Family Second Quarter 2015

Sold Homes Luxury Residence

List Price

Sale Price

SP/SqFt

DOM

Closing Date

SqFt

Bed

Bath

Community

2329 ALTA DR

$3,988,900

$3,309,000

$383

30

4/3/2015

13315

10

12

Alta-Historic

11 PARADISE VALLEY CT

$1,294,900

$1,350,000

$252

41

6/25/2015

5348

4

6

Anthem Country Club

26 KITTANSETT LP

$1,249,000

$1,200,000

$351

74

4/2/2015

3421

4

4

Anthem Country Club

9525 TOURNAMENT CANYON DR

$1,999,000

$1,988,000

$283

164

4/14/2015

7019

4

5

Canyon Fairways

9404 PLAYERS CANYON CT

$1,850,000

$1,700,000

$257

167

4/30/2015

6611

5

6

Canyon Fairways

9313 CANYON CLASSIC DR

$1,649,000

$1,610,000

$169

170

5/19/2015

9521

5

8

Canyon Fairways

9405 PLAYERS CANYON CT

$1,585,000

$1,585,000

$263

438

6/24/2015

6030

4

4

Canyon Fairways

500 ROYALTON DR

$1,375,000

$1,250,000

$248

231

5/15/2015

5037

4

4

Canyon Fairways

9533 TOURNAMENT CANYON DR

$1,049,000

$1,000,000

$237

176

6/11/2015

4217

4

5

Canyon Fairways

2005 EAGLE TRACE WY

$1,219,995

$1,130,000

$232

81

5/5/2015

4871

5

4

Canyon Gate

9004 EMERALD HILL WY

$1,199,900

$1,075,000

$241

206

5/1/2015

4452

4

4

Canyon Gate

2300 GLENBROOK WY

$999,900

$1,000,000

$233

200

5/27/2015

4286

3

4

Canyon Gate

9016 THORNBURY LN

$1,250,000

$1,250,000

$262

21

6/15/2015

4780

4

5

Country Club Hills

6776 AGAVE AZUL CT

$2,000,000

$1,890,000

$326

131

5/19/2015

6178

4

6

East Las Vegas

2289 CANDLESTICK AV

$1,496,393

$1,496,393

$207

87

4/20/2015

7212

6

7

Green Valley Ranch

2354 DOLPHIN CT

$1,495,000

$1,350,000

$197

143

6/5/2015

6849

6

7

Green Valley Ranch

785 BOLLE WY

$1,050,000

$1,050,000

$175

66

6/16/2015

7316

7

8

Green Valley Ranch

1105 BROADMOOR AV

$1,299,000

$1,150,000

$178

50

6/23/2015

7616

3

4

Las Vegas Country Club

3160 BEL AIR DR

$1,250,000

$1,150,000

$164

1

6/5/2015

7015

5

7

Las Vegas Country Club

618 ST CROIX ST

$3,499,000

$3,200,000

$472

75

6/3/2015

6782

4

5

MacDonald Highlands

$1,370,000

$1,370,000

$269

76

5/27/2015

5089

4

5

MacDonald Highlands

1388 ENCHANTED RIVER DR

$1,350,000

$1,238,301

$191

128

6/30/2015

6491

6

7

MacDonald Highlands

1565 FOOTHILLS VILLAGE DR

$1,249,000

$1,150,000

$265

41

5/6/2015

4345

5

5

MacDonald Highlands

1352 RIVER SPEY AV

$1,235,900

$1,130,000

$224

274

4/30/2015

5037

5

6

MacDonald Highlands

1377 ENCHANTED RIVER DR

$1,145,000

$1,100,000

$198

22

5/21/2015

5555

5

5

MacDonald Highlands

426 STONE LAIR CT

$1,224,888

$1,070,000

$192

124

4/24/2015

5575

5

5

MacDonald Highlands

2204 POINT ROCK LN

$1,590,000

$1,525,000

$248

542

4/9/2015

6145

4

5

Mountain Trails

10317 ORKINEY DR

$1,299,000

$1,200,000

$229

27

5/19/2015

5236

4

6

Palisades

10212 STONE BRIAR CT

$1,200,000

$1,125,000

$174

52

5/20/2015

6449

5

6

Palisades

9720 WINTER PALACE DR

$1,999,900

$1,900,000

$344

25

6/1/2015

5516

4

4

Queensridge - South

2326 GREEN MOUNTAIN CT

$1,525,000

$1,490,000

$283

136

4/10/2015

5268

3

4

Red Rock Country Club

2354 GREEN MOUNTAIN CT

$1,600,000

$1,425,000

$375

62

6/12/2015

4121

4

5

Red Rock Country Club

2146 ORCHARD MIST ST

$1,375,000

$1,375,000

$263

6

4/8/2015

10448

5

7

Red Rock Country Club

2704 RED ARROW DR

$1,399,000

$1,360,000

$358

60

6/10/2015

4121

4

5

Red Rock Country Club

2858 RED ARROW DR

$1,495,000

$1,350,000

$256

60

5/11/2015

5687

4

5

Red Rock Country Club

2393 CALICO CREEK CT

$1,475,000

$1,350,000

$356

33

6/5/2015

4121

3

4

Red Rock Country Club

LEI 1675 TANGIERS DR

LEI

LEI

Single Family Second Quarter 2015

Sold Homes Luxury Residence

List Price

Sale Price

SP/SqFt

DOM

Closing Date

SqFt

Bed

Bath

Community

2017 CHERRY CREEK CR

$1,390,000

$1,290,000

$256

30

6/17/2015

5037

5

6

Red Rock Country Club

766 LANNI CT

$1,349,000

$1,200,000

$230

108

4/3/2015

5222

4

5

Roma Hills

7650 VIA OLIVERO AV

$1,395,000

$1,100,000

$207

49

6/17/2015

5310

2

3

Section 10 Area

1540 VILLA RICA DR

$2,500,000

$2,300,000

$298

117

5/22/2015

7731

5

6

Seven Hills

2600 STEFANO CR

$2,195,000

$2,170,000

$244

82

6/23/2015

8895

6

9

Seven Hills

2602 STEFANO CR

$1,900,000

$1,725,000

$244

26

6/4/2015

7061

4

6

Seven Hills

2671 BOBOLI CT

$1,650,000

$1,350,000

$231

6

4/10/2015

5848

4

4

Seven Hills

1526 VILLA RICA DR

$1,250,000

$1,201,500

$251

1

5/27/2015

4780

4

5

Seven Hills

1597 VILLA RICA DR

$1,749,000

$1,750,000

$305

72

4/30/2015

5730

4

6

Seven Hills

1528 VILLA RICA DR

$1,379,000

$1,275,000

$197

22

5/21/2015

6480

4

7

Seven Hills

7664 NOCHE OSCURA CR

$1,375,000

$1,375,000

$302

41

4/17/2015

4546

4

5

South Las Vegas

$1,095,000

$1,050,000

$223

30

5/26/2015

4714

4

5

South Las Vegas

42 OLYMPIA HILLS CR

$4,470,000

$3,999,999

$574

36

6/8/2015

8771

4

7

Southern Highlands

40 OLYMPIA CANYON WY

$2,499,000

$2,325,000

$256

180

5/11/2015

9068

6

7

Southern Highlands

7 VINTAGE VALLEY DR

$2,099,500

$2,075,000

$274

116

6/25/2015

7571

5

7

Southern Highlands

63 QUINTESSA CR

$1,900,000

$1,900,000

$329

0

6/5/2015

4

5

Southern Highlands

10 CASTLE OAKS CT

$1,900,000

$1,700,000

$321

395

6/19/2015

5304

4

5

Southern Highlands

11886 PORT LABELLE DR

$1,550,000

$1,400,000

$278

483

6/2/2015

5038

5

6

Southern Highlands

6 FIRE ROCK CT

$1,450,000

$1,337,500

$276

64

4/20/2015

4850

4

5

Southern Highlands

18 WILD DUNES CT

$1,949,900

$1,900,000

$255

40

4/7/2015

7446

4

7

Spanish Trail

41 CASCADE CREEK LN

$1,250,000

$1,150,000

$219

44

5/20/2015

5662

4

7

Spanish Trail

3024 ISLAND VIEW CT

$2,499,000

$2,325,000

$360

5

6/22/2015

6810

5

6

The Lakes

3020 ISLAND VIEW CT

$1,395,000

$1,285,000

$284

11

6/26/2015

4518

4

5

The Lakes

24 PAINTED FEATHER WY

$4,499,000

$4,200,000

$454

24

4/23/2015

9249

5

7

The Ridges

8 GOLDEN SUNRAY LN

$3,499,900

$3,750,000

$428

3

6/26/2015

8766

4

6

The Ridges

3 GOLDEN SUNRAY LN

$3,950,000

$3,650,000

$473

267

5/28/2015

7715

3

6

The Ridges

$3,650,000

$483

6/25/2015

7552

5

7

The Ridges

LEI 11430 KLAVANS CT

LEI

18 PROMONTORY RIDGE DR 95 HAWK RIDGE DR

$3,675,000

$3,300,000

$423

215

4/30/2015

7808

5

7

The Ridges

31 GOLDEN SUNRAY LN

$3,200,000

$2,700,000

$387

347

4/20/2015

6968

5

6

The Ridges

10225 STONY RIDGE DR

$2,750,000

$2,600,000

$399

42

4/30/2015

8513

6

9

The Ridges

51 MEADOWHAWK LN

$2,400,000

$1,900,000

$315

69

4/27/2015

6032

4

7

The Ridges

53 MEADOWHAWK LN

$1,950,000

$1,825,000

$360

242

6/1/2015

5075

5

6

The Ridges

55 PANORAMA CREST AV

$1,600,000

$1,585,000

$463

8

4/15/2015

3955

4

5

The Ridges

29 GARDEN SHADOW LN

$1,399,000

$1,345,000

$379

2

3

4

The Ridges

1420 IRON HILLS LN

$1,250,000

$1,215,000

$247

3

5

6

Tournament Hills

LEI

5/22/2015 4/30/2015

LEI

4928

LEI A Luxury Estates International Transaction

Information deemed reliable, but not guaranteed. Data is comprised of $1M+ resale homes between 04/01/15-06/30/15.

LEI

LEI

LEI

High Rise Second Quarter 2015

Sold Units Unit

List Price

Sale Price

SP/SqFt

DOM

Closing Date

SqFt

Bed

Bath

High Rise Tower

4606

$4,750,000

$3,875,000

$988

64

5/20/2015

3922

3

4

Mandarin Oriental

4505

$3,400,000

$3,400,000

$1234

18

5/21/2015

2755

2

3

Mandarin Oriental

2905

$2,449,000

$2,379,000

$794

7

4/24/2015

2998

2

3

Mandarin Oriental

2708

$2,409,000

$2,064,000

$709

355

6/29/2015

2910

2

3

Mandarin Oriental

2402

$2,199,000

$2,050,000

$800

84

6/29/2015

2563

2

3

Mandarin Oriental

3004

$2,099,000

$1,993,000

$778

33

6/29/2015

2563

2

3

Mandarin Oriental

4302

$1,875,000

$1,725,000

$768

104

4/20/2015

2247

2

3

Mandarin Oriental

2709

$1,809,000

$1,705,000

$814

385

5/22/2015

2094

2

3

Mandarin Oriental

3309

$1,550,000

$1,450,000

$692

181

6/1/2015

2094

2

3

Mandarin Oriental

3806

$1,485,000

$1,338,000

$799

42

4/28/2015

1675

1

2

Mandarin Oriental

2507

$1,295,000

$1,169,000

$738

2

6/10/2015

1583

1

2

Mandarin Oriental

4607

$1,275,000

$1,275,000

$588

1

05/22/15

2167

0

0

Mandarin Oriental

T2 - 201

$2,300,000

$2,300,000

$476

1

2/01/15

4826

4

6

One Queensridge Place

T1 - 1204

$1,675,000

$1,531,415

$494

211

5/11/2015

3100

3

4

One Queensridge Place

T1 - 604

$1,600,000

$1,450,000

$468

152

4/10/2015

3100

3

4

One Queensridge Place

T2 - 903

$1,299,000

$1,299,000

$492

6

6/18/2015

2638

2

3

One Queensridge Place

LEI T2 - 903

$1,299,000

$1,150,000

$436

287

4/21/2015

2638

2

3

One Queensridge Place

1503 - E

$3,795,000

$3,400,000

$693

482

4/6/2015

4903

3

4

Park Towers

1004 - E

$2,950,000

$2,700,000

$551

135

6/8/2015

4903

4

6

Park Towers

4408

$1,900,000

$1,600,000

$307

46

5/11/2015

5217

0

0

The Martin

4300

$1,550,000

$1,400,000

$290

76

5/29/2015

4826

0

0

The Martin

4407

$1,325,000

$1,095,900

$300

23

4/7/2015

3653

0

0

The Martin

4307

$1,275,000

$1,095,900

$300

27

4/7/2015

3653

0

0

The Martin

2506

$289,000

$2,747,500

$3375

63

5/12/2015

814

1

2

Turnberry Towers

3604

$1,850,000

$1,610,000

$740

23

6/30/2015

2177

2

3

Veer Towers

3601

$1,250,000

$1,150,000

$458

475

5/15/2015

2

3

Veer Towers

LEI

LEI LEI

LEI LEI LEI

LEI LEI LEI LEI LEI LEI LEI LEI

LEI

LEI

2511

LEI A Luxury Estates International Transaction

Information deemed reliable, but not guaranteed. Data is comprised of $1M+ resale units between 04/01/15-06/30/15.

LAS VEGAS TRANSACTIONS 2ND QUARTER OF 2015

65.4% All Other Brokerages

LEI

34.6%

LEI

LAST QUARTER, LUXURY ESTATES INTERNATIONAL FACILITATED 34.6% OF THE HIGH RISE TRANSACTIONS OVER 1 MILLION DOLLARS.

SOLD! HIGHEST PRICE PER SQ FT EVER * Unit 4505 | $3,400,000 | $1,234 PSF *

*Unit 4505 was the highest overall price per sq ft for a resale unit at The Mandarin Oriental Las Vegas.

HIGH RISE STATS Market Statistics

Year To Date Stats 93

June

8 7 2

Active Pending

Sold Expired

Sold Units:

47

SP / SqFt. - Average:

$654.50

Sale Price - Average:

$1,921,917

SP / SqFt - High:

$1,234.10

Sale Price - High:

$7,700,000

List Price - Average:

$3,050,185

Average Days on Market:

123

List Price - High:

$29,000,000

Data is comprised of $1M+ resale units between 01/01/15-06/30/15.

SINGLE FAMILY STATS Market Statistics

Year To Date Stats

June

400 54 28 21

Active Pending

Sold Expired

Sold Homes:

138

SP / SqFt. - Average:

$284.10

Sale Price - Average:

$1,723,612

SP / SqFt - High:

$754.10

Sale Price - High:

$8,050,000

List Price - Average:

$2,596,215

Average Days on Market:

117

List Price - High:

$28,000,000

Data is comprised of $1M+ resale homes between 01/01/15-06/30/15.

WHEN OPPORTUNITY KNOCKS...

12,940 SF | 6 BED | 9 BATH | $4,995,000

UNLOCK THE UNLIMITED POSSIBILITIES WITH THE SKY-ESTATE PENTHOUSE! The Martin’s top floor penthouse (45th floor) is 12,940 SQFT with breathtaking panoramic strip, city, and mountain views. Buyer has the option to customize and build out a floor plan designed by Richard McGrew. Design includes: 6 BD/6 BA/3 half baths, two kitchens, wine room, 4 balconies, and much more.

ONE QUEENSRIDGE PLACE - BREATHTAKING VIEWS 4,826 SF | 3 BED | 5.5 BATH | $2,250,000

PANORAMA TOWERS - WRAP-AROUND UNIT 2,173 SF | 2 BED | 2.5 BATH | $695,000

EI

™

Global Exposure | Local Presence

REGISTER YOUR HOME TO OUR PRIVATE COLLECTION Over the past year or so, “pocket listings” have become a more mainstream option for quietly marketing a home. If you haven’t heard of this real estate term, it’s also known as a “quiet” or “off-market” listing, a property that is for sale; however it isn’t officially listed on the MLS. In many markets, there are a few good properties coupled with many buyers who are motivated to see a variety of homes. A pocket listing allows a brokerage to mention your home possibly being for sale, so long as the price is right. We have closed many off market deals.

By aligning yourself with a highly notable brokerage and its selective network of buyers both domestically and abroad, it’s only a win-win to include your home in our private collection of the most distinctive properties in the Las Vegas valley.

Register At: LuxuryEstates.com/Contact-Us

Call Now For A Confidential Consultation

AS FEATURED ON:

Every Luxury Estates International (LEI) listing is powered by an expert team of sales, marketers, designers, public relation consultants, and financial professionals to achieve the best results for the most distinctive properties in the Las Vegas Valley.

Kamran Zand Broker/Founder

702 354 2023 | Kamran@LuxuryEstates.com

2015 Luxury Estates International LLC. Information is deemed reliable, but not guaranteed. The Luxury Estates International logos are registered (or unregistered) service marks owned by Luxury Estates International LLC LEI ©in the United States. Each office is independently owned and operated. If your home is listed with a real estate broker, this is not a solicitation for your business, please disregard.