ROB'S REPORT SUMMERLIN, L AS VEGAS, & HENDERSON M A RC H 2 019
2579 Red Springs Drive | Red Rock Country Club
$1,200,000
6 Bedrooms | 6 Full Bathrooms, 1 Powder Room | 4,387 Square Feet Spacious and stylish family living awaits at this two-story home behind the East guard gates of Red Rock Country Club. Here, overlooking the 8th and 9th holes of the public Arroyo golf course, you can enjoy spectacular fairway and mountain views. Artfully decorated by well-known Las Vegas interior designer Leslie Parraguirre, this home boasts refined and rustic design elements, such as upgraded baseboards and crown moulding, solid-core doors, plantation shutters, and hardwood ooring.
#2579RedSprings
SOLD PROPERTIES | GATED FOR THE MONTH OF FEBRUARY 2019
SUMMERLIN, LAS VEGAS, & HENDERSON ADDRESS
SF
PRICE
P/SF
Barrington* Canyon Crest* The Lakes*
30 Year Jumbo Fixed 7/1 Arm Jumbo BRANCH MANAGER 702.278.9659
Serrano* Seven Hills - Marquis 9,037
$2,450,000
$271
11,718
$5,600,000
$478
Seven Hills - Portofino 1353 Dilevante Drive
4.750% 4.125%
Patrick Kobielsky
Mira Villa*
1308 Villa Barolo Avenue
MARCH INTEREST RATES
Sky Terrace* *No closed sales for the month of February
This is not a commitment to lend. Prices and guidelines are subject to change without notice. Some products may not be available in all states. Subject to review of credit and/or collateral; not all applicants will qualify for financing. It is important to make an informed decision when selecting and using a loan product; make sure to compare loan types when making a financing decision. This document is provided by Pacific Sunbelt Mortgage. Any materials were not provided by HUD or FHA. It has not been approved by FHA or any Government Agency. ©2017 A division of Finance of America Mortgage LLC | NMLS ID # 1071 | Mortgage Banker License #0910184 | Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act
Dear Friends, Spring is here, meaning it’s now the time of year when home sales begin to pick up. As shown in our included Market Trends data, closed sales for February were up 31% over January, and this trend is likely to continue as the weather gets warmer and the days get longer.
Rob Jensen Broker/President 702.521.8832
There are now better opportunities for showings later in the day, which means more potential buyers can look at homes during the week after work while the sun is still shining. The prime selling season is upon us. Now is the time to get things rolling if you want to sell your home this year. Even if you want to wait until May or June to sell, there might be work to do now. If your goal is to sell your luxury home for top dollar, then you need to make sure it’s in the best showing condition possible. I’d be happy to come over and give you advice on how to prepare your home before putting it on the market. We also offer a free consultation with our professional home stager, who has over 30 years of interior design experience. Staging doesn’t always involve intense renovations or buying new furniture. Sometimes it just takes somes decluttering or a few new light fixtures to get your home in selling condition. Regardless of the changes you choose to implement, it’s best to plan ahead so that you’re ready when the time is right for you. We’re almost a quarter of the way into 2019 already, and time is moving fast. So if you’re serious about selling your home, the sooner you call us, the better. Sincerely,
Rob Jensen Broker / President
FOR THE MONTH OF| APRIL 2017 SOLD PROPERTIES GUARD GATED FOR THE MONTH OF FEBRUARY 2019
SUMMERLIN ADDRESS
SF
LAS VEGAS PRICE
P/SF
Aventura 105 Aventura Street 109 Aventura Street Bellacere* Canyon Fairways 9320 Tournament Canyon Drive Corta Bella 1805 Corta Bella Drive 8840 Cortile Drive Country Club Hills* Country Rose Estates 9704 Cameo Rose Lane Eagle Hills 2025 Grouse Street Eagle Rock 453 Pinnacle Heights Lane 605 Pinnacle Heights Lane 408 Proud Eagle Lane 712 Proud Eagle Lane Mountain Trails 9813 Moon Valley Place The Palisades 413 Grand Augusta Lane 10213 Prestancia Avenue Red Rock Country Club 1977 Alcova Ridge Drive 2092 Country Cove Court 3298 Dove Run Creek Drive 11674 Glowing Sunset Lane 2445 Grassy Spring Place 11291 La Madre Ridge Drive 2804 Soft Horizon Way The Ridges 32 Hunting Horn Drive 65 Meadowhawk Lane 19 Moonfire Drive 20 Springacre Drive
2,814 3,023
$628,000 $584,000
$223 $193
3,894
$1,300,000
$334
4,034 3,206
$990,000 $535,000
$245 $167
3,128
$660,000
$211
4,964
$975,000
$196
4,108 3,762 3,666 3,840
$996,000 $875,000 $779,400 $762,000
$242 $233 $213 $198
8,422
$3,490,000
$414
5,252 5,236
$865,000 $1,575,000
$165 $301
4,824 2,792 2,712 2,508 2,712 2,160 3,460
$1,299,000 $815,000 $809,000 $850,000 $815,000 $675,000 $880,000
$269 $292 $298 $339 $301 $313 $254
3,797 9,602 3,562 3,562
$1,295,000 $4,000,000 $1,625,000 $1,369,000
$341 $417 $456 $384
4,881 4,244
$1,082,000 $885,000
$222 $209
Tournament Hills* The Vineyards 1309 Saintsbury Drive 1200 Saintsbury Drive Willow Creek*
*No closed sales for the month of February
ADDRESS Canyon Gate* Queensridge 9336 Queen Charlotte Drive Regency at the Lakes 9916 Fox Springs Drive 9909 Robin Oaks Drive Southern Highlands 11755 Alness Lane 11820 Canons Brook Drive 21 Grand Masters Drive 57 Olympia Ridge Drive 15 Quintessa Circle 11791 Woodbrook Court Spanish Hills* Spanish Trail 52 Sawgrass Court Ten Oaks*
SF
PRICE
P/SF
3,855
$775,000
$201
3,794 4,425
$885,000 $620,000
$233 $140
3,379 3,151 3,940 4,111 7,722 2,742
$850,000 $692,500 $1,000,000 $1,350,000 $3,050,000 $668,800
$252 $220 $254 $328 $395 $244
4,259
$1,000,000
$235
HENDERSON ADDRESS
SF
Anthem Country Club 4 Chatmoss Road (REO) 38 Contra Costa Place 38 Emerald Dunes Circle 22 Gladewater Drive 42 Hunt Valley Trail 3 Sankaty Circle 20 Winding Road The Fountains* Hillsboro Heights* Legacy Estates* MacDonald Highlands 1481 Foothills Village Drive 1640 Liege Drive 663 Palisade Rim Drive Roma Hills* Seven Hills - Rapallo* Seven Hills - Terracina/Venezia*
REO - Bank Owned Foreclosure
PRICE
P/SF
1,889 3,176 1,393 1,616 2,076 7,420 2,733
$371,700 $650,000 $402,000 $400,000 $500,000 $2,000,000 $615,000
$197 $205 $289 $248 $241 $270 $225
7,139 5,952 5,000
$2,200,000 $1,275,000 $2,900,000
$308 $214 $580
SS - Short Sale
1972 Alcova Ridge Drive | Red Rock Country Club
$1,150,000
4 Bedrooms | 3 Full Bathrooms, 1 Powder Room | 4,107 Square Feet An elegant lifestyle awaits at this two-story home, tucked safely behind the West guard gates of Red Rock Country Club. Discover charming living spaces defined by wrought iron details, wood built-ins, and slate ooring. Highlights of this home include a cozy interior courtyard, a kitchen with granite counters and stainless steel appliances, and a tranquil and inviting master suite. In the rear yard, you can see the mountains from the covered patio, host a barbecue at the outdoor kitchen, or lounge in the step-up infinity pool with a raised spa and sun deck.
#1972AlcovaRidge
11540 Timber Mountain Avenue | Red Rock Country Club
$1,100,000
3 Bedrooms | 3 Full Bathrooms, 1 Powder Room | 3,085 Square Feet A tranquil and inspiring landscape surrounds this single-story home, tucked safely behind the West guard gates of Red Rock Country Club. Overlooking the 13th hole of the private Mountain golf course, this home enjoys spectacular fairway and mountain views. Highlights include a living/dining room with 15’ vaulted ceilings, an expansive master suite, and a rear yard built for enjoying the view.
#11540TimberMountain
HOW’S THE MARKET? | GUARD GATED SALES STATISTICS - FEBRUARY PRICE RANGE
FOR SALE
UNDER CONTRACT
SOLD
EXPIRED
ABS* RATE (MONTHS)
$500K-$750K
98
28
17
2
8.4
$750K-$1M
74
20
19
4
6.7
$1M-$1.5M
80
34
10
7
10.4
$1.5M-$2M
39
12
3
5
20.4
$2M-$2.5M
25
1
2
1
17.3
$2.5M-$3M
24
4
1
0
14
$3M-$4M
32
7
2
3
19.5
$4M+
66
2
1
0
136
*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), 3/1/19. 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
546
55
+2.4% over last month +5.6% over last year Month over Month
+31% over last month -29% over last year Month over Month
Feb '19
546
Feb '19
Jan '19
533
Jan '19
Year over Year Feb '19 Feb '18
55 42
Year over Year 546 517
Feb '19 Feb '18
55 77
The Rob Jensen Company is a boutique real estate brokerage that specializes in guard 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) Rob Jensen, Kyle Zabelny, Monica Nalbantoglu, Andy Gorman, Autumn Alderson, Adrianne Dunlap, Karen Kinney, Mark Halili, Max Fox.
The Only Brokerage Model That Ultimately Puts Clients First One of the biggest issues facing the true professionals in the real estate industry is the overwhelming amount of parttime, 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 guard gated 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 us at 702.605.7480 and we’ll be glad to speak with you personally about your individual needs.
10785 W. Twain Avenue, Suite 110 Las Vegas, NV 89135
! D L SO
SOLD IN THE PALISADES - $1,225,000 111 North Royal Ascot Drive
! D L SO
SOLD IN THE PALISADES - $1,172,000 129 South Royal Ascot Drive
robjensenco
robjensen.com
702.605.7480