Rob's Report - September 2020

ROB'S REPORT

SUMMERLIN, L AS VEGAS, & HENDERSON SEPTEMBER 2020

47 DRIFTING SHADOW WAY

#47DriftingShadow

THE RIDGES | $4,350,000

6,912 Square Feet | 4 Bedrooms | 6 Bathrooms | Custom Two-Story This modern mansion sets a high standard of living in The Ridges, an ultra-chic guard gated community on the west side of Las Vegas. Set against a mountainous desert backdrop, this home boasts an open floor plan and indoor/outdoor flow designed to take advantage of the mountain and Strip views and peaceful setting.

This property showcases an expansive great room with 23’ ceilings, a surround sound media room with an LG projector and 120" screen, and a 42’ long Pebble Tec pool—complete with a wet deck and zero-edge spa.

Smart home capabilities include motorized shades in all the bedrooms, dimmable Lutron light features, and whole-home sound with Yamaha MusicCast speakers.

Dear Friends, The guard gated real estate market continues to rock and roll; August’s closed sales were up 23% over July and year over year. My team is busier than ever, writing offers and filling showing requests. The energy is exciting! Though it can seem perplexing—local unemployment is up, we are in a pandemic, and it’s an election year. Despite the uncertainty, people are buying, and here’s why: confidence in Las Vegas is still high.

More so than ever before, we’re working with people who are moving to Las Vegas. Interestingly, while interest rates are low, the majority of offers I’ve received in recent weeks are cash. People are investing in Las Vegas. If you are thinking of selling, regardless of being post-Labor Day, now is the time to sell.

In the spirit of this election year, we are proud to have been nominated in four categories for Best of Las Vegas: Luxury Real Estate Broker, Real Estate Team, Real Estate Company, and Residential Realtor. Please help my team make a clean sweep. You can easily vote one time or daily on all of your devices before September 30th.

My team and I take pride in our work ethic and delivering results. Still, our success is because of the buyers and sellers we’ve been honored to serve for nearly two decades. You have my deepest thanks.

Rob Jensen Broker / President 702.605.7480 B.0143770.LLC

VOTEBOLV.com/ROBJENSEN

FOR THE MONTH OF| APRIL 2017 SOLD PROPERTIES GUARD GATED FOR THE MONTH OF AUGUS T 2020

LAS VEGAS

SUMMERLIN ADDRESS

SF

PRICE

10300 Summit Canyon Drive

SF

PRICE

P/SF

8701 Canyon View Drive

5,200

$1,200,000

$231

2309 Glenbrook Way

3,379

$670,000

$198

8900 Rainbow Ridge Drive

3,146

$770,000

$245

8805 Robinson Ridge Drive

4,234

$862,000

$204

2,747

$495,000

$180

Canyon Gate 8,097

$3,200,000

$395

Canyon Fairways 505 Canyon Greens Drive

ADDRESS

P/SF

Bellacere

4,726

$1,200,000

$254

Corta Bella 1717 Corta Bella Drive

4,148

$945,000

$228

2308 Timberline Way

8809 Quadro Court

3,511

$750,000

$214

Queensridge 1013 Meadowleah Street

2,859

$750,000

$262

1820 Glenview Drive

4,926

$1,415,000

$287

9416 Queen Charlotte Drive

4,053

$813,000

$201

2048 Glenview Drive

3,780

$812,500

$215

660 Ravel Court

4,414

$794,500

$180

10,507

$3,350,000

$319

9900 Cozy Glen Circle

3,919

$749,000

$191

9909 Fox Springs Drive

3,972

$782,000

$197

Country Club Hills

Country Rose Estates 2204 Scarlet Rose Drive

9708 Verlaine Court 2,417

$525,000

$217

2,973

$695,000

$234

Eagle Rock 617 Proud Eagle Lane Mountain Trails

Regency at the Lakes

Southern Highlands

9812 Moon Valley Place

8,419

$2,500,000

$297

11786 Alness Lane

5,098

$1,475,000

$289

9800 Moonridge Court

7,278

$2,100,000

$289

3864 Glasgow Green Drive

6,184

$1,225,000

$198

47 Olympia Hills Circle

6,254

$2,550,000

$408

2875 Evening Rock Street

3,489

$1,050,000

$301

10 Olympia Outlook Drive

6,103

$3,000,000

$492

3298 Mission Creek Court

2,712

$665,000

$245

20 Pebble Hills Court

8,000

$2,800,000

$350

10,331

$4,450,000

$431

11834 Waterford Castle Court

3,220

$665,000

$207

2813 Red Springs Drive

2,508

$670,000

$267

11767 Weybrook Park Drive

3,220

$858,000

$266

11489 Snow Creek Avenue

4,391

$1,025,000

$233

12065 Whitehills Street

5,067

$1,400,000

$276

11548 Snow Creek Avenue

2,325

$720,000

$310

Spanish Trail

2846 Soft Horizon Way

2,508

$710,000

$283

11 Princeville Lane

3,636

$839,000

$231

3055 Soft Horizon Way

3,601

$950,000

$264

24 Princeville Lane

4,247

$555,000

$131

2757 Turtle Head Peak Drive

3,455

$1,125,000

$326

59 Princeville Lane

7,625

$1,200,000

$157

8380 Turtle Creek Circle

4,134

$757,000

$183

2,692

$650,000

$241

4,240

$975,000

$230

Red Rock Country Club

2553 Red Arrow Drive

Reverence 11160 Ansel Drive

2,441

$761,363

$312

8454 Turtle Creek Circle

11088 Black Fire Opal Drive

2,441

$599,345

$246

Tuscan Cliffs

3061 Full Lotus Drive

2,292

$755,000

$329

4030 Villa Rafael Drive

2580 Nevada Agave Lane

3,658

$755,868

$207

2980 Raywood Ash Drive

3,882

$999,999

$258

8 Gemstar Lane

3,562

$1,360,000

$382

62 Grey Feather Drive

3,776

$1,185,000

$314

86 Hawk Ridge Drive

5,282

$2,800,000

$530

19 Midnight Ridge Drive

5,762

$2,622,500

$455

14 Moonfire Drive

4,172

$1,237,500

$297

11448 Opal Springs Way

4,340

$1,800,000

$415

48 Wildwing Court

6,588

$3,300,000

$501

The Ridges

Tournament Hills 1529 Champion Hills Lane

4,363

$2,275,000

$521

8833 Greensboro Lane

7,772

$1,625,000

$209

The Vineyards 1213 Muscato Court

3,454

$825,000

$239

Willow Creek 3021 Brighton Creek Court

3,299

$955,000

$289

10691 Capesthorne Way

4,016

$840,000

$209

3091 Wandering River Court

6,252

$1,550,000

$248

10966 Willow Valley Court

4,751

$1,280,000

$269

*No closed sales for the month of August in Aventura, Eagle Hills, The Palisades, Spanish Hills, Ten Oaks, The Fountains, Legacy Estates, and Seven Hills - Rapallo

HENDERSON Anthem Country Club 24 Anthem Creek Circle

4,319

$1,248,000

$289

6 Anthem Pointe Court

8,801

$1,900,000

$216

4 Awbrey Court

8,935

$4,200,000

$470

2 El Niguel Court

3,037

$875,000

$288

2 Fircrest Court

3,037

$970,000

$319

77 Fountainhead Circle

2,678

$690,500

$258

2 Old Marsh Court

5,847

$2,225,000

$381

14 Starbrook Drive

3,600

$1,065,000

$296

14 Wade Hampton Trail

3,216

$810,000

$252

3,292

$609,000

$185

647 Cityview Ridge Drive

7,928

$4,710,000

$594

508 Dragon Gate Court

5,261

$3,500,000

$665

770 Dragon Ridge Drive

17,562

$11,250,000

$641

605 Saint Croix Street

14,485

$5,350,000

$369

Hillsboro Heights 178 Springfield Street MacDonald Highlands

Roma Hills 1758 Amarone Way

4,105

$810,000

$197

1799 Mezza Court

3,209

$1,150,000

$358

6,409

$1,610,000

$251

Seven Hills - Terracina/Venezia 1608 Villa Rica Drive

HOW’S THE MARKET? | GUARD GATED SALES STATISTICS - AUGUST PRICE RANGE

FOR SALE

UNDER CONTRACT

SOLD

EXPIRED

ABS* RATE (MONTHS)

$500K-$749K

83

37

30

5

4.1

$750K-$999K

88

36

33

6

4.8

$1M-$1.49M

62

35

17

2

5.4

$1.5M-$1.99M

68

19

5

1

15.8

$2M-$2.49M

39

11

3

2

25

$2.5M-$2.99M

23

4

5

3

5.4

$3M-$3.99M

19

11

8

1

4.3

$4M+

67

6

6

2

18.3

*ABS(orption) rate is the length of time (in months) that it takes to sell current inventory. This is calculated by adding homes FOR SALE and homes UNDER CONTRACT and dividing the total by the average number of monthly sales for the last 2 months. Source: Multiple Listing Service (MLS), 08/31/20.

We add pending and contingent sales to the active listings; otherwise, they'd be counted twice as sales or might even fall out of escrow.

MARKET TRENDS | AUGUST

AUG '20

CLOSED SALES

MONTHLY & YEARLY

08/31/20

UNDER CONTRACT

08/31/20

ACTIVE LISTINGS

107 159 608

Over July '20

+23%

-6.5%

-3.9%

Over Aug '19

+23%

+57.4%

-4.1%

JULY '20

87

170

633

AUG '19

87

101

634

#1373RubySky

1373 RUBY SKY COURT

SEVEN HILLS VENEZIA | $2,349,000 5,368 Square Feet | 5 Bedrooms | 5 Bathrooms | Custom Two-Story No detail has been spared at this stunning two-story estate, which sits on a premium Strip view lot in the 24-hour guard gated community of Venezia in Henderson. Extensively remodeled in 2019 at the cost of approximately $600,000, this home has been reconfigured to maximize entertainment value and architectural intrigue.

Standout design features include French Oak engineered hardwood and Italian porcelain floors, designer wall finishes and light fixtures, as well as full Control4 smart home automation. From the solar-heated Pebble Tec pool and spa to the European-style kitchen with a curated collection of high-end appliances, there’s a lot to love about 1373 Ruby Sky Court.

587 LAIRMONT PLACE

MACDONALD HIGHLANDS | $950,000 .58 Acres | Strip, Golf, & City Views | Cul-de-Sac

Your custom dream home awaits at 587 Lairmont Place. This .58-acre lot in the guard gated community of MacDonald Highlands is in a prime location and ready to build upon. Situated behind a secondary gate on a cul-de-sac with just 15 other homesites and facing primarily northeast, this lot enjoys frontage on the 4th hole of the DragonRidge golf course and spectacular views of the Las Vegas Strip. From here, it's just a short walk to the private DragonRidge Country Club, complete with worldclass amenities. Complete architectural plans are available for a stunning modern entertainer’s dream home designed for the site by Los Angeles ďŹ rm MosoDesign.

#587Lairmont

TEAM SPOTLIGHT! Kyle Zabelny MARKETING MANAGER When it comes to selling luxury real estate, the quality of the marketing needs to meet or exceed the quality of the property. That’s where

Marketing

Manager

Kyle

Zabelny

comes in. From designing, launching, and managing paid ad campaigns for our listings and property videos to creating and sending newsletters and e-blasts, everything Kyle does has one purpose—to get your property in front of as many qualified buyers as possible.

With over 15 years of experience in client development, communications, and public relations,

Kyle

understands

that

direct

marketing is just the tip of the iceberg. Beyond his daily oversight of the RJC website, YouTube channel, and social media platforms, Kyle focuses on big-picture marketing endeavors like building valuable, long-term relationships with potential buyers by planning unforgettable events. To maximize your property’s reach beyond the digital realm, Kyle also coordinates editorials and advertising campaigns within local and national print publications—from the Las Vegas Review-Journal to Dream Homes LA, OC, and SD. On top of everything else, Kyle supports our agents by scheduling showings, inspections, and appraisals so they can focus on what they do best—showing and selling high-end homes.

Kyle’s greatest strengths are his creativity, drive, technological acumen, and leadership.

His primary focus is to leverage his considerable knowledge of local real estate marketing trends to continually increase brand positioning, build client relations, and drive business results. He thrives on challenges, particularly those that expand the company’s reach and personal achievements.

When not working on behalf of our clients, Kyle enjoys spending time with his wife, son, and daughter—especially if it involves a camping or snowboarding trip. A hockey lover through and through, Kyle is a huge fan of the Vegas Golden Knights and a season ticket holder for the Henderson Silver Knights. He also plans to develop an online platform that will allow people to learn about, connect with, and donate to the charities that matter most to them.

10785 W. Twain Avenue, Suite 110 Las Vegas, NV 89135 B.0143770.LLC

491 TOUCAN RIDGE COURT MACDONALD HIGHLANDS

$2,200,000

UNDER CONTRACT

11 BOULDER ROCK CIRCLE

2300 PEARL CREST STREET

$2,150,000

$1,999,999

THE RIDGES

robjensenco

MOUNTAIN TRAILS

robjensen.com

702.605.7480