Rob's Report - October 2014

OCTOBER 2014

2980 American River Lane

Willow Creek 6,175 sq.ft. | 6 bedrooms | 6 full & 1 half bathrooms $

1,821,625

Call us today to help you find or sell your guard gated home.

702.605.7480 www.robjensen.com

SOLD PROPERTIES | SEPTEMBER 2014

Address Sq. Ft. Sold Price

Anthem Country Club 67 Feather Sound Drive 10 Mohansic Road 2 Woodshole Court 27 Dry Brook Trail 1 Mountain Cove Court

1,942 2,162 2,295 3,942 9,123

Aventura

No closed sales for the month.

Bellacere

$450,000 $417,500 $412,000 $875,000 $3,910,000

Price Short Sale /Sq.Ft. /REO

$232 $193 $180 $222 $429

10100 Stony Ridge Drive

4,629

Canyon Fairways

No closed sales for the month.

Canyon Gate

8705 Canyon View Drive 1613 Night Wind Drive

Corta Bella

8817 Bonta Court 8801 Bonta Court

3,591 2,690

$1,150,000 $248

$895,000 $249 $472,500 $176

3,510 3,916

$649,000 $185 $595,000 $152

1920 Glenview Drive

5,021

$1,150,000 $229

Eagle Hills

No closed sales for the month.

Eagle Rock

No closed sales for the month.

Legacy Estates

No closed sales for the month.

Country Club Hills

MacDonald Highlands 1661 Liege Drive 633 St Croix Street

3,611 7,941

Mountain Trails

No closed sales for the month.

One Queensridge 9101 Alta Drive #204 9101 Alta Drive #1205

Queensridge

9604 Royal Lamb Drive 301 Kingsclear Court 9817 Queen Charlotte Drive 9329 Queen Charlotte Drive

3,100 3,355

3,176 3,798 4,468 4,555

$865,000 $240 $3,200,000 $403

$1,300,000 $419 $2,000,000 $596

$534,000 $670,000 $1,199,000 $1,001,000

$168 $176 $268 $220

Address Sq. Ft. Sold Price

Red Rock Country Club 11561 Snow Creek Avenue 2870 Peaceful Grove Street 11633 Glowing Sunset Lane 3006 Red Arrow Drive 11595 Evergreen Creek Lane

3,455 4,016 4,080 5,687 5,687

Roma Hills

No closed sales for the month.

Seven Hills - Rapallo

No closed sales for the month.

Seven Hills - Terracina 2664 Mirabella Street

$881,000 $885,000 $1,150,000 $1,800,000 $1,285,000

Price Short Sale /Sq.Ft. /REO

$255 $220 $282 $317 $226

5,869

$1,250,000 $213

11855 Brigadoon Drive

4,090

$1,075,000 $263

Spanish Hills

No closed sales for the month.

Southern Highlands

Spanish Trail

83 Princeville Lane

7,553

Ten Oaks

No closed sales for the month.

The Fountains 2328 Caserta Court

The Palisades

408 Grand Augusta Lane 10317 Orkiney Drive

6,538

$1,200,000 $159

$1,000,000

$153 SS

4,223 $1,150,000 $272 5,236 $850,000 $162 SS

The Ridges

11280 Granite Ridge Drive #1038 2,985 $590,000 $198 9 Soaring Bird Court 7,579 $1,350,000 $178 SS

The Vineyards

1412 Chambolle Court

4,203 $925,000 $220

Tournament Hills

No closed sales for the month.

Willow Creek

No closed sales for the month.

Desert Oasis Private Event at 9416 Tournament Canyon Drive

9416 Tournament Canyon Drive

Canyon Fairways 5,904 sq.ft. | 5 bedrooms | 4 full & 2 half bathrooms

1,295,000

$

702.605.7480 | www.robjensen.com

How’s the Market Guard Gated Sales Statistics - September Pricing <500K 500-750K 750K-1MM 1-1.5MM 1.5-2MM 2-2.5MM 2.5-3MM 3-4MM >4MM

120

80

For Sale 143 90 83 95 62 27 18 17 26

Under Contract 49 27 19 21 5 0 2 3 2

Sold 30 16 8 12 1 1 0 1 1

Expired 31 17 12 8 0 3 0 2 2

Absorption Rate* 5.4 6.5 8.3 11.8 40.2 12.5 19 9.2 28

*Absorption Rate: length of time it takes to sell current inventory - number of months of current supply based on average number of monthly sales for last 6 months.

Source: Multiple Listing Service (MLS), 10/10/14 40

0 <500K

500-750K

750K-1MM

1-1.5MM

1.5-2MM

2-2.5MM

2.5-3MM

3-4MM

70 UNITS SOLD 689 UNITS LISTED September 2014

15.7%

3.4%

Change from August 2014

-31% Change from September 2013

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>4MM

10161 Park Run Drive, Suite 150 Las Vegas, NV 89145

Closed Sales, Statistics and Interest Rates for 28 Guard Gated Communities inside!

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LIS,000

W$ 599 E N

5486 Ukiah Circle, Las Vegas

Hacienda Estates

Great Time to Sell! Call Rob Jensen today to sell your home. 702.605.7480