Rob's Report - October 2017

ROB'S REPORT SUMMERLIN, L AS VEGAS, & HENDERSON

O c t o b e r 2 0 17

CALL robjensen.com

702.605.7480

10725 Beringer Drive | The Vineyards

$849,000

4 Bedrooms | 4 Full Bathrooms | 3,888 Square Feet Welcome to this exceptional 3,888 square foot, 4 bedroom, 4 bath home built by Christopher Homes and situated on an elevated lot in The Vineyards community of Summerlin’s The Arbors village. Enter through the frosted glass inset double doors to a raised foyer, switchback staircase, high ceilings, and light-filled rooms - all framed by stunning white natural wood shutters.

SOLD PROPERTIES | GATED FOR THE MONTH OF SEPTEMBER 2017

LAS VEGAS

SUMMERLIN ADDRESS Barrington 212 Villa Borghese Street Canyon Crest* Canyon Ridge* Canyon Terrace 9329 Canyon Mesa Drive Desert Trails 9805 Edgeview Place Mira Villa* Serrano 639 Chervil Valley Drive

SF 3,205

SOLD PRICE $749,900

PRICE/ SF $234

ADDRESS

SOLD PRICE

PRICE/ SF

SF

SOLD PRICE

PRICE/ SF

4,768

$1,675,000

$351

SF

The Lakes* Park Trail Estates*

HENDERSON 2,551

$625,000

$245

3,304

$565,000

$171

3,746

$850,000

$227

ADDRESS Seven Hills - Portofino* Seven Hills - Marquis 2794 La Bella Court Sky Terrace*

*No closed sales for the month of September

Dear Friends, One of the biggest issues facing the true professionals in the real estate industry is the overwhelming amount of part-time, commission only, and unqualified real estate agents that clutter the landscape. This has caused many people to lump all real estate agents into one less-than-ideal category.

We get it. No one recognizes this or is more frustrated by it than we are. But it’s important to realize that the real estate industry is similar to other professional services industries. Just as every doctor, lawyer, consultant, accountant, etc. does not have the same level of expertise, there are top real estate professionals who are drastically more qualified than the norm and consistently provide exceptional value to their clients.

Here’s what sets us above the pack. Every member on our team is a salaried full-time employee. We do not have commission-based independent contractors or part-time hobbyists working for us. Because there is no financial incentive whatsoever to do anything else, it’s easy for our staff to put our clients’ interests where they belong – first. This is extremely rare in the real estate industry and translates to a client-based focus that is second to none.

Additionally, we never try to be all things to all people. It is simply impossible to be an expert in every type of real estate in the Las Vegas Valley. Everyone on our staff is highly trained in the 43 luxury home communities in Summerlin, Las Vegas, and Henderson which we specialize in.

Whether you are looking to sell your home, or buy a new home in one of our luxury communities, our unique business model will provide you with exceptional value.

Please call me at 702-605-7480 and I’ll be glad to speak with you personally about your individual needs.

Sincerely,

Rob Jensen Broker/President

FOR THE MONTH OF| APRIL 2017 SOLD PROPERTIES GUARD GATED FOR THE MONTH OF SEPTEMBER 2017

LAS VEGAS

SUMMERLIN ADDRESS Aventura* Bellacere* Canyon Fairways 9616 Grand Isle Lane 9325 Tournament Canyon Drive Corta Bella 1921 Corta Bella Drive 1805 Corta Bella Drive 8824 Montagna Drive Country Club Hills 2053 Glenview Drive Country Rose Estates 2208 Scarlet Rose Drive 2100 Timber Rose Drive Eagle Hills 2001 Redbird Drive Eagle Rock* Mountain Trails* The Palisades* Red Rock Country Club 1974 Alcova Ridge Drive (REO) 2436 Grassy Spring Place 11169 La Madre Ridge Drive 11256 Parleys Cone Court 2955 Red Arrow Drive 3051 Red Arrow Drive The Ridges 28 Panorama Crest Avenue 56 Pristine Glen Street 55 Promontory Ridge Drive 28 Soaring Bird Court Tournament Hills* The Vineyards 1201 Saintsbury Drive Willow Creek 10895 Iris Canyon Lane (REO) Canyon Gate 8621 Canyon View Drive One Queensridge Place 9103 Alta Drive #404 (REO) Queensridge 1012 Granger Farm Way 805 Pont Chartrain Drive 9621 Queen Charlotte Drive 1001 Sir James Bridge Way

SF

SOLD PRICE

PRICE/ SF

4,232 7,837

$975,000 $2,200,000

$230 $281

3,916 4,034 3,946

$875,000 $737,900 $600,000

$223 $183 $152

4,369

$935,000

$214

3,573 2,289

$495,000 $460,000

$139 $201

4,624

$1,180,000

$255

3,999 5,268 3,455 2,325 5,730 4,988

$672,000 $1,275,000 $$735,000 $569,000 $2,060,000 $1,240,000

$168 $242 $213 $245 $360 $249

4,013 4,172 8,388 6,653

$1,150,000 $1,038,000 $4,100,000 $2,900,000

$287 $249 $489 $436

4,043

$950,000

$235

3,740

$825,000

$221

5,206

$885,000

$170

3,100

$1,100,000

$355

2,471 4,130 3,963 2,917

$500,000 1,100,000 $600,000 $485,000

$202 $266 $151 $166

robjensen.com

702.605.7480

*No closed sales for the month of September

ADDRESS

SF

SOLD PRICE

PRICE/ SF

Regency at the Lakes 9920 Robin Oaks Drive

3,225

$750,000

$233

Southern Highlands 11776 Alness Lane 58 Carolina Cherry Drive 26 Castle Oaks Court 4 Cottonwood Canyon Court 96 Olympia Chase Dr 19 Pink Dogwood Drive 11936 Port Labelle Drive 20 Tea Olive Drive 11770 Weybrook Park Drive

4,677 5,027 6,928 7,538 4,119 4,628 5,098 5,027 3,220

$1,000,000 $830,058 $2,520,000 $2,100,000 $1,000,000 $1,139,000 $1,107,500 $960,000 $665,000

$214 $165 $364 $279 $243 $246 $217 $191 $207

Spanish Hills 5098 Mountain Top Circle

6,552

$1,250,000

$191

Spanish Trail 40 Gulf Stream Court 57 Sawgrass Court 12 Vintage Court (REO)

6,979 4,167 16,376

$1,365,000 $594,000 $1,575,000

$196 $143 $96

Ten Oaks 7425 Doe Avenue (REO) 7421 Silver Palm Avenue

5,434 5,283

$750,000 $980,000

$138 $186

HENDERSON SF

Anthem Country Club 1 Awbrey Court 3 Ayden Drive 22 Brays Island Drive 17 Desert Highlands Drive 1 Fallows Fire Court 44 Feather Sound Drive 2 Glendora Court 39 Hassayampa Trail 10 Kennesaw Road 8 Starbrook Drive

SOLD PRICE

PRICE/ SF

10,313 7,331 3,216 3,216 2,072 2,499 1,942 4,282 2,072 3,600

$2,450,000 $2,200,000 $725,000 $725,000 $450,000 $656,500 $470,000 $945,000 $450,000 $735,000

$238 $300 $225 $225 $217 $263 $242 $221 $217 $204

The Fountains* Hillsboro Heights* Legacy Estates* MacDonald Highlands 1401 Foothills Village Drive 1210 Macdonald Ranch Drive 1504 Macdonald Ranch Drive

3,999 8,494 14,031

$900,000 $7,450,000 $5,500,000

$225 $877 $392

Roma Hills 760 Ricota Court

4,326

$950,000

$220

Seven Hills - Rapallo* Seven Hills - Terracina/Venezia 2608 Prego Court 7,821 1552 Tuscano Court 10,871

$1,699,888 $3,700,000

$217 $340

ADDRESS

REO - Bank Owned Foreclosure

SS - Short Sale

Happy Hour

at Red Rock Country Club 3183 ELK CLOVER STREET OCTOBER 7, 2017

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

FOR SALE

UNDER CONTRACT

SOLD

EXPIRED

ABS* RATE (MONTHS)

$500-$750K

113

31

21

9

5.4

$750K-$1M

102

29

16

8

9

$1-$1.5M

88

22

14

3

6.3

$1.5-$2M

59

7

2

1

15.8

$2-$2.5M

21

7

5

1

8

$2.5-$3M

28

5

2

0

18

$3-$4M

25

7

1

0

16

$4M+

55

4

3

2

50.6

* 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), 10/1/17.

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 |

MONTHLY & YEARLY

ACTIVE LISTINGS

CLOSED SALES

603

64

4.3% over last month 4.9% over last year

Month over Month

Month over Month Sept '17 Aug '17

603 630

Sept '16

64

Sept '17

60

Aug '17 Year over Year

Year over Year Sept '17

7% over last month 49% over last year

603 634

64

Sept '17 Sept '16

43

Thinking of buying or selling? Give us a call at 702.605.7480

The Rob Jensen Company is a boutique real estate brokerage that specializes in 43 guard gated and select gated communities in Summerlin, Las Vegas, and Henderson. Each staff member is a salaried employee who provides you with comfort and ease during your real estate transaction. Our staff includes (from left to right) Adrianne Dunlap, Kyle Zabelny, Monica Nalbantoglu, Rob Jensen, Kathy Sheffield, and Autumn Alderson.

TEAM SPOTLIGHT

Adrianne Dunlap REALTOR®

Exclusively Representing Home Buyers Adrianne works exclusively with our buyer clients. She’s known for her easygoing demeanor, making others feel instantly relaxed and comfortable with the home buying process. She also routinely speaks with potential home sellers in our luxury home communities and is usually the first to know when a new property comes on the market.

Adrianne is a 10-year Las Vegas veteran originally from Cleveland, Ohio. A lifelong sports fan, she continues to follow the Cleveland area sports teams, including the Cleveland Browns. Now that’s loyalty!

Outside of her real estate career, Adrianne enjoys hiking and camping with her husband and her beautiful three-year-old daughter.

“I love being a Realtor and the excitement of the luxury home market. I enjoy learning new things about the market every day, meeting new people, and serving our clients.”

Call 702.605.7480 or visit us online at robjensen.com

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

!

D L SO

We've Succeeded When Others Have Failed!

198 Inveraray Court | Legacy Estates | $1,200,000 Number of Agents Hired Before The Rob Jensen Company: 2 Number of Days on the Market with Those Agents: 515 Listed and Sold By The Rob Jensen Company: 45 Days

Inside: Featured Properties, Closed Sales, and Trends for 43 Guard Gated & Select Gated Communities in Summerlin, Las Vegas, and Henderson!

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