Rob's Report - April 2018

ROB'S REPORT SUMMERLIN, L AS VEGAS, & HENDERSON A pril 2 018

11233 Golden Chestnut Place | Red Rock Country Club

$1,075,000

4 Bedrooms | 4 Full Bathrooms, 1 Powder Room | 3,601 Square Feet Enjoy the private comfort and stunning views of the Arroyo Golf Course’s 11th hole from this two story home behind the guard gates of Red Rock Country Club. Featuring a newly remodeled kitchen and master suite, this home boasts a modern design with a rustic Spanish flair. Mahogany shutters and hardwood floors provide a tasteful contrast to the white quartz, stone, and tile that accent the design. Built for entertaining, each space on the lower level opens to either the backyard or the central courtyard.

#11233GoldenChestnut

SOLD PROPERTIES | GATED FOR THE MONTH OF MARCH 2018

SUMMERLIN ADDRESS Barrington* Canyon Crest* Canyon Ridge 10005 Sienna Peak Court 604 Via Linda Court Canyon Terrace 300 Sand Pines Court Desert Trails* Mira Villa 9209 Las Manaitas Avenue #202 9200 Tesoras Drive #401 Serrano 617 Tandoori Lane

SF

LAS VEGAS PRICE

P/SF

ADDRESS The Lakes*

SF

PRICE

P/SF

PRICE

P/SF

HENDERSON 2,951 2,613

$580,000 $685,000

$197 $262

3,290

$650,000

$198

2,052 2,109

$655,000 $745,000

$319 $353

4,543

$1,050,000

$231

ADDRESS Seven Hills - Portofino* Seven Hills - Marquis 1309 Dilevante Drive Sky Terrace 888 Vegas View Drive

SF

5,885

$1,600,000

$272

5,561

$3,300,000

$593

*No closed sales for the month of March

Dear Friends, In addition to the beautiful new listings featured in this newsletter, I have two exciting announcements to make. We have launched a weekly show called The Rob Jensen Show and a podcast called Luxury Real Estate Talk.

The Rob Jensen Show sets out to document a week in the real estate business.

There is a lot that goes on with real estate, so our goal is to share what happens with customers and behind the scenes. The episodes will range from 8-15 minutes and release weekly. I'm hoping you'll take a look and share your feedback. You can find the show on our YouTube channel or Facebook page.

Luxury Real Estate Talk is my new podcast where I interview top luxury real estate agents nationwide. Learn expert advice on buying and selling from the best and brightest real estate agents, brokers, and other professionals as they share real-life stories about the art and business of listing, marketing, buying, and selling high-end homes. The podcast is free and available for both Apple and Android devices.

Send us an email if you’d like to be featured on the Rob Jensen Show, submit questions for the podcast, or if you’re just ready to buy or sell a home give us a call.

Whatever your dream is, we’d love to make that dream come true!

Enjoy!

Rob Jensen Broker/President 702-605-7480 rob@robjensen.com

FOR THE MONTH OF| APRIL 2017 SOLD PROPERTIES GUARD GATED FOR THE MONTH OF MARCH 2018

SUMMERLIN ADDRESS Aventura* Bellacere* Canyon Fairways 644 Canyon Greens Drive 9324 Tournament Canyon Drive 9417 Tournament Canyon Drive 9517 Tournament Canyon Drive Corta Bella 1913 Corta Bella Drive 1917 Corta Bella Drive Country Club Hills 1717 Enclave Court Country Rose Estates* Eagle Hills 9216 White Tail Drive Eagle Rock 417 Proud Eagle Lane 509 Proud Eagle Lane Mountain Trails 10000 Moon Valley Place The Palisades* Red Rock Country Club 2075 Alcova Ridge Drive 3043 East Red Springs Drive 11224 Golden Chestnut Place 2354 Green Mountain Court 11546 Morning Grove Drive 11570 Morning Grove Drive (SS) 11305 Parleys Cone Court 2870 Peaceful Grove Street 2970 Red Arrow Drive 3043 Red Arrow Drive The Ridges 4181 Bronze Ridge Street 15 Garden Rain Drive 31 Golden Sunray Lane 40 Grey Feather Drive 53 Meadowhawk Lane 11480 Opal Springs Way 11435 Opal Springs Way 45 Painted Feather Way 59 Panorama Crest Avenue 79 Pristine Glen Street Tournament Hills* The Vineyards 10725 Beringer Drive 1513 French Merlot Court 1205 Muscato Court Willow Creek 2990 American River Lane 10732 Grey Havens Court 2971 Hammerwood Drive 10725 Rivendell Avenue

SF

PRICE

P/SF

6,616 4,544 4,497 3,646

$1,900,000 $1,400,000 $1,225,000 $1,189,900

$287 $308 $272 $326

3,206 3,206

$805,000 $700,000

$251 $218

12,945

$13,000,000

$1,004

5,592

$1,365,000

$244

3,666 3,762

$662,500 $640,000

$181 $170

8,773

$2,000,000

$228

5,037 3,841 2,712 4,121 5,555 5,555 2,712 3,677 5,687 6,209

$1,200,000 $899,000 $600,000 $1,575,000 $1,450,000 $1,020,000 $650,000 $1,200,000 $2,679,000 $2,210,000

$238 $234 $221 $382 $261 $184 $240 $326 $471 $356

4,600 3,788 6,968 3,546 5,075 4,600 4,888 14,303 4,179 4,180

$1,642,100 $1,156,020 $3,145,000 $1,050,000 $2,450,000 $1,669,750 $1,690,000 $8,900,000 $1,600,000 $1,070,862

$357 $305 $451 $296 $483 $363 $346 $622 $383 $256

3,888 3,404 4,211

$780,000 $775,000 $945,000

$201 $228 $224

5,268 2,693 3,598 3,792

$1,515,000 $635,000 $890,000 $575,000

$288 $236 $247 $152

LAS VEGAS ADDRESS Canyon Gate 1812 Bay Hill Drive 2205 Glenbrook Way 1613 Iron Ridge Drive

SF 2,267 6,764 4,964

PRICE $570,000 $1,250,000 $965,000

P/SF $251 $185 $194

9029 Opus Drive 8844 Rainbow Ridge Drive One Queensridge Place 9103 Alta Drive #1006 9101 Alta Drive #807 Queensridge 9704 Gavin Stone Avenue 929 Granger Farm Way 1000 Granger Farm Way 721 Sir James Bridge Way 9744 South Royal Lamb Drive 309 Windfair Court 9805 Winter Palace Drive Regency at the Lakes* Southern Highlands 81 Carolina Cherry Drive 66 Carolina Cherry Drive 14 Grand Masters Drive 14 Pink Dogwood Drive 11778 Weybrook Park Drive Spanish Hills 8805 Spanish Mountain Drive Spanish Trail 28 Princeville Lane 12 Sawgrass Court Ten Oaks 7412 Silver Palm Avenue

3,858 3,663

$775,000 $717,000

$201 $196

2,137 2,271

$810,000 $900,000

$379 $396

3,679 2,917 2,989 3,237 3,098 3,910 5,644

$588,888 $625,000 $575,000 $585,000 $520,000 $920,000 $1,600,000

$160 $214 $192 $181 $168 $235 $283

4,628 4,628 3,904 3,904 2,600

$955,000 $899,900 $975,000 $820,000 $575,000

$206 $194 $250 $210 $221

4,659

$856,500

$184

4,600 5,946

$830,000 $1,100,000

$180 $185

4,222

$700,000

$166

PRICE

P/SF

HENDERSON ADDRESS Anthem Country Club 40 Chalet Hills Terrace 8 Chatmoss Road 3 Club Vista Drive 32 Colleton River Drive 23 Contra Costa Place 32 Feather Sound Drive 59 Fountainhead Circle 16 Hassayampa Trail 27 Hassayampa Trail 16 Oro Valley Drive 7 Panther Creek Court 55 Stonemark Drive The Fountains 2321 Prometheus Court Hillsboro Heights 1888 Fairfield Terrace Legacy Estates* MacDonald Highlands 1461 Foothills Village Drive 1668 Liege Drive 1353 River Spey Avenue 584 St Croix Street Roma Hills 1780 Amarone Way 765 Lanni Court Seven Hills - Rapallo 1293 Imperia Drive Seven Hills - Terracina/Venezia 1374 Ruby Sky Court

*No closed sales for the month of March

SS - Short Sale

SF 3,421 1,833 4,607 3,848 3,374 2,678 2,513 3,600 3,085 2,172 2,727 3,848

$750,000 $488,500 $930,000 $649,900 $1,000,000 $625,000 $535,000 $892,000 $806,000 $480,000 $600,000 $655,000

$219 $267 $202 $169 $296 $233 $213 $248 $261 $221 $220 $170

4,817

$815,000

$169

2,757

$495,000

$180

3,739 7,281 4,867 8,497

$779,100 $1,300,000 $850,000 $2,750,000

$208 $179 $175 $324

3,514 4,217

$775,000 $875,000

$221 $207

8,937

$2,000,000

$224

4,532

$1,050,000

$232

10005 Bow Ridge Court | Canyon Crest

$1,100,000

4 Bedrooms | 4 Full Bathrooms, 1 Powder Room | 4,560 Square Feet A haven of comfort and entertainment, this two story home features a contemporary design accented by granite, stacked sandstone, and modern fixtures. An open layout design connects a range of unique spaces—a sunken living room and great room, a formal dining area, and a masterful kitchen. Catch a movie in the theater room, complete with comfortable seating for eight. Out back, lush palms and greenery surround the pool and raised spa, creating an oasis of privacy for you and your guests.

#10005BowRidge

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

FOR SALE

UNDER CONTRACT

SOLD

EXPIRED

ABS* RATE (MONTHS)

$500K-$750K

77

64

31

6

5.1

$750K-$1M

70

32

27

9

5.1

$1M-$1.5M

79

26

17

8

5.1

$1.5M-$2M

44

16

9

4

8.6

$2M-$2.5M

17

8

4

1

10

$2.5M-$3M

25

2

2

1

13.5

$3M-$4M

27

4

1

0

15.5

$4M+

52

2

1

1

18

* 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), 4/1/18.

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

545

92

+3% over last month -11.5% over last year Month over Month

+19% over last month +21% over last year Month over Month

Mar '18

545

Mar '18

Feb '18

529

Feb '18

Year over Year Mar '18 Mar '17

92 77

Year over Year 545 616

92

Mar '18 Mar '17

76

The Rob Jensen Show sets out to document a week in the real estate business. In this weekly show, you’ll get a behind-the-scenes look at what goes into buying and selling luxury homes. Follow me and my team as we talk to clients, walk through properties, and share our expertise on anything and everything related to real estate.

/RobJensenCompany

Luxury Real Estate Talk is your podcast for expert advice on buying and selling luxury real estate. Learn from the best and brightest real estate agents, brokers, and other professionals as they share real-life stories about the art and business of listing, marketing, buying, and selling high-end homes. Through casual but insightful conversations, the Talk’s host Rob Jensen will help you master your understanding of the luxury real estate market.

To Subscribe, Visit: robjensen.com/the-podcast

Ben Belack | Market Conditions, Seller Mistakes, and the Importance of Compelling Video Jamie Tian | Zillow, Home Staging, and “Doing Your Homework” Phil Greely | Gun-Shy Buyers, Home Inspections, and Video Marketing Jennifer Egbert | Modern Homes, Social Media, and Pricing Under the Bridge Sara Littlefield | Expired Listings, Negotiating, and Hiring Your Friends

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

!

D L SO

2870 Peaceful Grove Street | Red Rock Country Club

$1,200,000

SOLD IN 8 DAYS CASH BUYER $326/SQFT "Our house sold to the second person that visited and about 24 hours from being listed. An offer we could not refuse and the second highest price per sq foot in our neighborhood. I’ll take some of the credit with the remodel we did, but Rob Jensen our phenomenal Realtor gets a lot of it. Rob, you and your team are fantastic. Thank you for making us homeless in a good way. Now onto our next adventure!"

- Aaron and Nadine B., Sellers & Buyers

robjensenco

robjensen.com

702.605.7480