Insight Report | 2017 Year in Review | Q4 2017

insi gh t Las Vegas 2017 | A Year in Review

Green Valley Office

MacDonald Highlands Office

overview It was another great year for the real estate market in Southern Nevada and all indications show 2018 to be even better.

Overall, the average sales price rose to a new eight-year high of $299,644 representing another year of double-digit growth. Couple that with an 8% growth in total single-family home sales, and it shows that Las Vegas real estate continues to be in demand.

It became official this year that not only do we have a league topping NHL team, the Golden Knights, but we will now be home to the NFL’s Las Vegas Raiders. This move will be part of a brand new $1.9 Billion stadium and move Las Vegas to a whole new level.

Las Vegas is poised to move to yet another level with several world-class developments getting underway in 2018 including: Wynn’s new Paradise Park, Las Vegas Sands’ music and entertainment venue, the Las Vegas Convention Center expansion, and MGM’s expansion at the Park with two new hotel brands. On the community front, UNLV will break ground on its new Medical School campus and with visitorship of more than 40 million annually, it is clear that Las Vegas is a sure bet.

Serving as a global destination, Las Vegas continues to see real estate sales from around the world with China, Canada and Eastern Europe at the forefront. Due to our cost of living, quality of life, and favorable tax climate we continue to see large numbers of businesses and homeowners migrating from California.

This bodes well for our economy and experts say given the most recent Federal tax reform it should increase significantly in 2018.

With the overall economy continuing to strengthen and grow, the expected rise in interest rates over the course of this next year should spur many buyers in the sub $750K market to action. This would result in an increase in the number of move-up buyers, which helps our real estate market thrive.

When it comes time to sell your home, take the time to speak with your Synergy Sotheby’s International Realty agent and let them show you the power of the 274 - year old brand known the world over. Luxury is a level of service, not necessarily a price point. We look forward to being of service.

Summerlin Office

table of contents

4

overview

16

communities

6

globally connected

30

golf course living

8

by the numbers

32

top selections

14

news + notes

year end 2017 |

insight

3

about us

At Synergy Sotheby’s International Realty we take great pride in presenting you with current trends and developments affecting luxury communities of Las Vegas and the surrounding areas. This report represents a consolidation of local real estate knowledge and an in-depth analysis of market data to bring you the most useful insights as they emerge in the region.

In addition to offering general statistics related to the overall market, the report contains valuable information concerning Las Vegas’ hottest developments and neighborhoods. Particularly noteworthy is the large-scale growth in the city with expansions and new developments, bringing with it many opportunities for clients to capitalize on future investments.

One of the many tools available to agents and brokers of Synergy Sotheby’s International Realty, we sincerely hope that this report will assist our clients in understanding Las Vegas’ expansive luxury real estate market. As an international luxury brand, represented in 70 countries, with over 21,000 associates across 930 offices, we have the capacity to offer our clients a level of talent and marketing expertise unlike any other.

PUBLISHER

Gene Northup MANAGING BROKER

Don Kuhl BROKER MANAGER

Brittany Olsson MANAGER

Kyle Northup DESIGNER

Lindsay Rohlfsen PHOTOGRAPHY

JPM Studios COPYWRITER

Melissa Whitaker

FEATURE YOUR HOME IN THE NEXT ISSUE All listings and data are presented by Synergy Sotheby’s International Realty.

To be featured by the only truly international real estate brand in Southern Nevada contact Kyle Northup | 702.360.1414 | kyle@synergysir.com.

ABOUT THE MAGAZINE Synergy Sotheby’s International Realty publishes Insight, a market report magazine each quarter. All materials are copyrighted and can not be reprinted or duplicated without permission, including photographs, artwork, designs and text. The publication is distributed without charge to readership throughout Southern Nevada. Additional copies and advertising information can be requested by contacting Synergy Sotheby’s International Realty.

Whether you are interested in learning more about current market conditions, or are considering representation in the sale of your home, please give us a call and we can discuss how Synergy Sotheby’s International Realty may be of service to you.

Address: 10100 W Charleston Blvd., 160, Las Vegas, NV 89135.

702.360.1414 | insight@synergysir.com

VIEW MORE PROPERTIES:

www.synergysir.com

#VegasStrong #VEGASSTRONG

las vegas born | globally connected

6

930

21,000

Offices Worldwide

Associates Worldwide

$

1.39M

Average List Price

2.3M Monthly Visitors on Average

49M

$

Highest Sales Price in 2017

61% International Visitors

The sale of a significant home is truly noteworthy. To represent a home of distinction requires highly-qualified real estate professionals with global reach and local expertise. Founded in 1976, the Sotheby’s International Realty brand is a unique and distinctive network of brokerage agencies offering a wide selection of luxury homes, estates and properties for sale throughout the world.

Our network of real estate professionals apply their local market knowledge to create a comprehensive and customized plan for a home that takes into consideration all avenues of marketing, including print, digital, public relations, advertising and social media. We have an exceptional team of brand marketing experts that stand ready to offer assistance and insight, and an array of tools and resources we can tap into.

Synergy Sotheby’s International Realty builds upon a tradition of excellence that was first set in 1744 with the founding of the Sotheby’s Auction house in London.

We endeavor to represent our clients not simply their estates. We look forward to being of service. Learn more at onlywithsynergy.com

i n s i g h t | year end 2017

significant sales

661 Falcon Cliff: $3,950,000

2 Rue Allard: $2,250,000

100 Rancho Circle: $6,500,000

top 10 sales in 2016 $6.5M $6.2M $6.0M $5.5M $5.5M

9511 KINGS GATE CT 9501 ORIENT EXPRESS 47 QUINTESSA 15 PROMONTORY RIDGE 1504 MACDONALD RANCH

$5.0M $5.0M $5.0M $4.6M $4.5M

16 FLYING CLOUD 5 ECHO PEAK 16 VINTAGE VALLEY 20 SUN GLOW 16 HAWK RIDGE

year end 2017 |

insight

7

by the numbers Single family homes

*

Luxury is $750,000 and up

**

1513 Foothills Village: $3,500,000

LUXURY SINGLE FAMILY HOMES** Distribution of Sales by Location

North

North

North West

South

South West

East

Henderson

North WestNorth SouthWest South WestSouth East Henderson North North West South EastSouth West East South West Henderson North

Distribution of Sales by Price

<$100K

Henderson

$100K-$250K

$250K-$499K

$500K-$749K

$750K-$1M

$750K-$1M $1M-$1.49M >$5M $750k - $1M $1M -$1.5M-$1.99M $1.49M$2M-$4.99M $1.5M - $1.99M $1M-$1.49M $1.5M-$1.99M $2M-$4.99M >$5M $2M - $4.99M >$5M

NUMBER OF PROPERTIES SOLD ABOVE, EQUAL TO OR BELOW LIST PRICE* <$100K $100K-$250K $250K-$499K $500K-$749K $750K-$1M $1M-$1.49M $1.5M-$1.99M $2M-$4.99M >$5M 0%

20%

40%

Below

60%

Equal

80%

100%

Above

DAYS ON MARKET BY PRICE RANGE* <$100K $100K-$250K $250K-$499K $500K-$749K $750K-$1M $1M-$1.49M $1.5M-$1.99M $2M-$4.99M >$5M 0%

10%

<30

20%

30%

30-90

40%

50%

90-120

60%

120-180

70%

80%

90%

100%

180+

ALL SINGLE FAMILY HOMES* Distribution of Sales by Sales Price

Distribution of Sales by Location

<$100K $100K - $250K $250K - $499K $500K - $749k $750K - $1M $1M$2M-$4.99M - $1.49M $750K-$1M $1M-$1.49M $1.5M-$1.99M $2M - $4.99M >$5M $1.5M - $1.99M <$100K

$100K-$250K

$250K-$499K

$500K-$749K

$750K-$1M

$1M-$1.49M

$1.5M-$1.99M

$2M-$4.99M

>$5M

>$5M

North

North

North West

South

North South West West South EastSouth West HendersonEast year end 2017 |

Henderson

insight

9

by the numbers | 2016 vs 2017 *Single family residential

SALES

AVERAGE SALES PRICE

AVAILABLE LISTINGS

+8%

+10%

-47%

SALES

AVERAGE SALES PRICE

AVAILABLE LISTINGS

+31%

-3%

-7%

LUXURY MARKET* $750k and up

1.9m

3

89135

380

6.5M

average monthly detail views

offices in southern Nevada

over $750,000

homes

sale in 2017

Synergy Sotheby’s Int’l Realty marketing produced 1.9 million average property views in 2017.

With 3 offices in Southern Nevada, we are able to serve your needs no matter where you’re looking to buy or sell!

89135 was the zip code with the most luxury home activity.

20% of all sales over $750,000 were within 89135. The runner up was 89052 with 12%.

There were 380 homes over $1,000,000 sold in Southern Nevada in 2017. 90 of which were over $2,000,000.

$6,500,000 is the highest priced home to sell in 2017.

VINTNER GRILL Vintner Grill is a lively American bistro nestled in Summerlin, Las Vegas’ premier community. From working lunches to formal dinners, casual date night to family celebrations,Vintner Grill’s pleasant and inviting ambiance makes it perfect for a variety of occasions. The menu features American dishes infused with flavors from Spain, France and Italy. The bistro’s compelling architecture combined with the simplicity of its modern décor gives the dining experience a sense of casual elegance.Vintner Grill also offers a beautifully appointed patio featuring two, illuminated cabanas where guests can enjoy their meal in a unique outdoor setting. In short,Vintner Grill is worth taking a brief trip “off the Strip” if you are looking for a neighborhood gem where the locals go.

702.214.5590 • 10100 W CHARLESTON BLVD 150 • LAS VEGAS, NV 89135

Flawless.

Exceptional Diamonds. Curated by Sothebyâ&#x20AC;&#x2122;s.

SALON OPEN NEW BOND STREET, LONDON. SOTHEBYSDIAMONDS.COM

news + notes

Upcoming Auctions OF ROYAL AND NOBLE DESCENT 17 JANUARY 2018 | 10:30 AM GMT | LONDON This year’s edition of the Of Royal and Noble Descent will once again present fascinating heirlooms from aristocratic international families as well as objects related to noble and historical figures; from a replica set of the British Crown Jewels.... read entire story at sothebys.com

IMPRESSIONIST & MODERN ART 01 MARCH 2018 | 10:30 AM GMT | LONDON Sotheby’s March Impressionist & Modern Art Day sale is led by an extraordinary pastel of a seated Tahitian woman by Paul Gauguin which has never before been seen on the open market. Closely relating to Femme de Tahiti, held in the permanent collection of the Musée D’Orsay, and What’s New (Parau Api), in Dresden’s Gemäldegalerie Neue Meister, Femme Tahitienne assise is a remarkable exposition of colour and poise... read entire story at sothebys.com

RM SOTHEBY’S: ARIZONA 18 JANUARY 2018 - 19 JANUARY 2018 | 5:00 PM MST | PHOENIX Always kicking off the collector car auction season on a strong note, RM Sotheby’s returns to the vibrant grounds of the Arizona Biltmore Resort & Spa in Phoenix, 18–19 January, for its 19TH ANNUAL ARIZONA SALE. Our 18th annual Arizona auction was one for the books as a one-off, ownercommissioned 1939 Mercedes-Benz 540 K Special Roadster sold for a final $6,600,000. Numerous best-of-category Ferraris also took top honors, led by a 1969 Ferrari 365 GTS that surpassed its pre-sale estimate and realized $3,602,500—nearly triple the previous auction record for the model... read entire story at sothebys.com

year end 2017 |

insight

13

news + notes

The Top 20 Diamonds and Jewels of 2017

By SOTHEBY’S | 03 Jan 2018 Totalling more than half a billion dollars, including live and online sales, Sotheby’s 2017 jewellery auctions were exceptionally memorable. Among the top moments, as well as the top prices were, “The CTF Pink Star,” which set the world auction record for any diamond or gemstone, and “The Memory of Autumn Leaves” and “The Dream of Autumn Leaves,” which achieved a world auction record for earrings. Pink and blue diamonds led the year, with rubies and sapphires also soaring past their estimates. Click ahead to recap the top 20 best-selling jewels and stay tuned to discover the glittering trove on offer in 2018. read entire story at sothebys.com

Impressive Auction Results from Asia Week September 2017

By SOTHEBY’S Sotheby’s Fall 2017 Asia Week achieved $27 million in sales, with new clients driving strong prices across all categories, from ceramics, works of art and furniture, to paintings and calligraphy.

Building on the strength of the market, now is the time to consign for Sotheby’s Spring 2018 Asia Week auctions. read entire story at sothebys.com

14

i n s i g h t | year end 2017

news + notes

Master Paintings Evening Sale

By SOTHEBY’S | 1 February | New York The upcoming Master Paintings Evening Sale at Sotheby’s includes several exciting rediscoveries. Notable among these are a previously unpublished Jan Brueghel landscape, a long-hidden portrait of the Maggiordomo to Pope Innocent by Velázquez, an early Nicolas Lancret masterpiece that was last seen in 1889, and a charming likeness of a young prince by Anthony van Dyck. Other important paintings on offer include stunning large-scale works by Titian and Bartolomé Esteban Murillo, a sensuous Lucretia by Lucas Cranach the Elder, and a pair of Renaissance still lifes by pioneering woman artist Fede Galizia. Click ahead for these highlights and more. read entire story at sothebys.com

Discover Emerging and One-of-a-Kind Designers from Maker + Place

BY SOTHEBY’S | 18 DEC 2017 ontemporary objects should be functional, but remain connected to a rich tradition of craftsmanship. That’s part of the idea behind Maker + Place, an Aspen, Colorado, home retail space and design studio founded by Michaela Carpenter. A recent graduate of Chelsea College of Art and Design in London who studied textiles, Carpenter remains closely tied to her own work – and keenly aware of the special, inimitable value of fine handmade pieces. “They look and feel differently from things that are manufactured,” she says. “You can see the human hand at work in them. I think that is what will ultimately keep us sane in a world that is increasingly manufactured and technology based.” read entire story at sothebys.com year end 2017 |

insight

15

communities

5078 Spanish HIlls: $2,900,000

16

i n s i g h t | year end 2017

the worth of a home It can all be found in the details that truely define uniqueness. Details as simple as a centuries old fireplace that remains the historic prominance of a time past, or as grand as a rooftop promenade atop a landscape of city lights. So, to us, itâ&#x20AC;&#x2122;s not about the size of the property, the number of bedrooms, or even the price, but more about the distinct character that makes a home noteworthy of being called exceptional.

year end 2017 |

insight

17

las vegas, summerlin & henderson

|

702.360.1414

the ridges This private reserve of luxury homes, situated on 800 acres in the master-planed community of Summerlin, is recognized as one the most exclusive neighborhoods in the country. The Ridges presents stunning views of the Las Vegas Strip to the east, while on its western border lies the surreal beauty of the Mojave Desertâ&#x20AC;&#x2122;s Red Rock Conservation Area.

2017

2016

Change

60

33

27

Average Sales Price

$2,414,534

$2,405,275

$9,259

Sales Price (Max)

$5,500,000

$7,000,000

$(1,500,000)

Sales Price (Min)

$845,000

$850,000

$(5,000)

$407

$402

$5

104

137

(33)

Sales

Avg $/SF Avg Days On Mkt

red rock country club Set in the master-planned community of Summerlin on the very western edge of Las Vegas, Red Rock Country Club is one of the most exclusive addresses in the valley. Possessing not one but two signature Arnold Palmer golf courses, the private Mountain Course and the public Arroyo Course. The nearby Red Rock State Park provides inspiring natural beauty.

2017

2016

Change

98

59

39

$975,318

$999,674

$(24,356)

Sales Price (Max)

$2,380,000

$3,800,000

$(1,420,000)

Sales Price (Min)

$505,000

$485,000

$20,000

$257

$251

$6

74

94

(20)

Sales Average Sales Price

Avg $/SF Avg Days On Mkt

18

i n s i g h t | year end 2017

tournament hills Tournament Hills remains one of the most sought after addresses in the master-planned community of Summerlin on the western side of the Las Vegas valley. Tournament Hills is built on and around the Tournament Players Club Summerlin, the course famed as the site for Tiger Woods first professional victory. The residences of Tournament Hills are renowned for their luxury and opulence. Exclusively custom by design, Tournament Hills features homes ranging from the classic to the contemporary.

2017

2016

Change

8

7

1

Average Sales Price

$2,031,328

$2,242,964

$(211,636)

Sales Price (Max)

$2,499,900

$3,375,000

$(875,100)

Sales Price (Min)

$1,475,000

$860,000

$615,000

$332

$258

$74

87

154

(67)

Sales

Avg $/SF Avg Days On Mkt

eagle hills Tree-lined sidewalks and manicured lawns are only some of the pleasant wonders of life inside the guard-gated community of Eagle Hills. Situated in The Trails within the master-planned community of Summerlin on the western edge of Las Vegas.

Homes in Eagle Hills let you forget the surrounding desert landscape as few other communities can.

2017

2016

Change

14

8

6

Average Sales Price

$1,296,130

$1,137,156

$158,974

Sales Price (Max)

$1,860,000

$2,342,250

$(482,250)

Sales Price (Min)

$865,000

$690,000

$175,000

$271

$219

$52

61

63

(2)

Sales

Avg $/SF Avg Days On Mkt

year end 2017 |

insight

19

las vegas, summerlin & henderson

|

702.360.1414

canyon fairways Appropriately situated for luxury and appropriately named for its convenience as it backs Tournament Players Club Las Vegas, a public course Golf Digest describes as, â&#x20AC;&#x153;one of the best.â&#x20AC;? Pass through the 24-hour guard gated entrance and discover lavish homes set against amazing views of the Las Vegas Valley.

2017

2016

Change

14

13

1

Average Sales Price

$1,388,064

$1,273,846

$114,218

Sales Price (Max)

$2,249,900

$2,675,000

$(425,100)

Sales Price (Min)

$625,000

$640,000

$(15,000)

$270

$259

$11

102

119

(17)

Sales

Avg $/SF Avg Days On Mkt

bellacere Set behind a guard-gated entrance, Bellacere is a truly an intimate community filled with a wealth of green spaces, which only fifty-four families can enjoy. Designed in a way so most of the residences of Bellacere are situated far from the exterior boundaries, gives Bellacere a quiet, small town feel while outside the walls, a host of amenities and conveniences await in the master-planned community of Summerlin.

2017

2016

Change

4

3

1

Average Sales Price

$1,303,625

$1,963,333

$(659,708)

Sales Price (Max)

$1,700,000

$2,950,000

$(1,250,000)

Sales Price (Min)

$964,500

$875,000

$89,500

$266

$221

$45

45

134

(89)

Sales

Avg $/SF Avg Days On Mkt

20

i n s i g h t | year end 2017

mountain trails Set in a community within a community, Mountain Trails resides in The Trails section of the master-planned community of Summerlin, long recognized as the pinnacle of Las Vegas living.

Life at Mountain Trails begins as by passing through the guardgated entrance and takes residence on a path of unmatched possibilities.

2017

2016

Change

8

6

2

Average Sales Price

$1,856,875

$1,599,167

$257,708

Sales Price (Max)

$2,625,000

$1,700,000

$925,000

Sales Price (Min)

$1,300,000

$1,500,000

$(200,000)

$292

$259

$33

131

112

19

Sales

Avg $/SF Avg Days On Mkt

palisades As its name implies, Palisades is a distinctive barrier to the common world. Drive through the guard-gated entrance and youâ&#x20AC;&#x2122;ll leave the world behind. Situated along the TPC Las Vegas Golf Course, Palisades provides an elevated sense of living and the views of the Las Vegas valley and the Canyons fairways accentuate that feeling.

2017

2016

Change

9

5

4

Average Sales Price

$1,117,500

$1,172,000

$(54,500)

Sales Price (Max)

$1,426,000

$1,250,000

$176,000

Sales Price (Min)

$750,000

$1,070,000

$(320,000)

$215

$232

$(17)

143

111

32

Sales

Avg $/SF Avg Days On Mkt

year end 2017 |

insight

21

las vegas, summerlin & henderson

|

702.360.1414

vineyards The residences at Vineyards are for those seeking to elevate their lifestyle. Set amongst gently rising hills in the masterplanned community of Summerlin in Las Vegas, The Vineyards represents the best semi-custom living has to offer. The community is highlighted by terraced walkways winding through green spaces and leading to three separate private squares with relaxing water features.

2017

2016

Change

4

5

(1)

$965,750

$806,600

$159,150

Sales Price (Max)

$1,388,000

$1,010,000

$378,000

Sales Price (Min)

$625,000

$675,000

$(50,000)

$235

$234

$1

57

106

(49)

Sales Average Sales Price

Avg $/SF Avg Days On Mkt

spanish hills A gentle ocean breeze. Spectacular views of the Topa Topa Mountains, surrounding countryside and the Pacific Ocean. A championship golf course ranked with the most highly acclaimed courses in California. A clubhouse and grounds that rival the most celebrated country clubs anywhere in the world.The professionally equipped exercise center, tennis club, lavish swimming pool, formal dining room and grill room all exhibit an attention to detail and comfort that make Spanish Hills the areaâ&#x20AC;&#x2122;s most inviting private country club.

2017

2016

Change

11

7

4

Average Sales Price

$1,382,645

$1,354,286

$28,359

Sales Price (Max)

$3,250,000

$2,100,000

$1,150,000

Sales Price (Min)

$880,100

$814,000

$66,100

$209

$215

$(6)

162

103

59

Sales

Avg $/SF Avg Days On Mkt

22

i n s i g h t | year end 2017

country club hills Set along the Tournament Players Club Summerlin Golf Course in the master-planned community of Summerlin, Country Club Hills is a collection of 170 semi-custom homes by one of Las Vegasâ&#x20AC;&#x2122; most sought after, high-end builder, Christopher Homes.

2017

2016

Change

10

16

(6)

$928,300

$800,000

$128,300

Sales Price (Max)

$1,400,000

$1,425,000

$(25,000)

Sales Price (Min)

$575,000

$540,000

$35,000

$221

$204

$17

66

93

(27)

Sales Average Sales Price

Avg $/SF Avg Days On Mkt

queensridge Queensridge is an upscale development located on the west side of Las Vegas just east of Summerlin. It is comprised of about 800 acres of luxury living. As a part of the Peccole Ranch development it presents a European Countryside theme.

2017

2016

Change

36

28

8

$1,051,667

$866,429

$185,238

Sales Price (Max)

$6,500,000

$2,550,000

$3,950,000

Sales Price (Min)

$500,000

$500,000

$-

$199

$204

$(5)

74

102

(28)

Sales Average Sales Price

Avg $/SF Avg Days On Mkt

year end 2017 |

insight

23

las vegas, summerlin & henderson

|

702.360.1414

canyon gate country club Not far from Las Vegas, Canyon Gate Country Club offers terrific views and challenging play for golfers at every skill level. Wellgroomed fairways and greens keep Canyon Gate Country Club difficult yet friendly, and the staff can offer tips and tricks for playing your best round. Canyon Gate Country Club is a terrific choice for your regular rounds of golf or a new destination for you and friends when visiting Las Vegas.

2017

2016

Change

36

33

3

$750,647

$761,433

$(10,786)

Sales Price (Max)

$2,000,000

$1,850,000

$150,000

Sales Price (Min)

$355,000

$317,000

$38,000

$202

$209

$(7)

111

81

30

Sales Average Sales Price

Avg $/SF Avg Days On Mkt

southern highlands Living in Southern Highlands means one of the nationâ&#x20AC;&#x2122;s top private golf courses is just steps from your house. Co-designed by the late legendary golf architect Robert Trent Jones Sr. and his son Robert Trent Jones Jr., the Southern Highlands Golf Course takes advantage of the surrounding mountain terrain to set up exciting shots on finely manicured fairways with picturesque water features. The warm, dry climate also makes it possible and enjoyable to spend weekends on the green any time of the year.

2017

2016

Change

68

38

30

1,287,141

$903,542

$383,599

Sales Price (Max)

$6,000,000

$3,000,000

$3,000,000

Sales Price (Min)

$340,462

$340,000

$462

$237.21

$209.37

$27.84

119

134

(15)

Sales Average Sales Price

Avg $/SF Avg Days On Mkt

macdonald highlands As the master listing agents for MacDonald Highlands we are honored to have an office within DragonRidge Country Club giving us unique insight into the MacDonald Highlands market.

Shaped from the foothills of the McCollough Mountains, McDonald Highlands blends the organic with the epic. Placed on the southern edge of the Las Vegas valley in suburb of Henderson, MacDonald Highlands is uniquely luxurious and distinctly lavish and home to the Dragonridge Country Club.

2017

2016

Change

35

40

(5)

Average Sales Price

$1,546,029

$1,904,306

$(358,277)

Sales Price (Max)

$5,500,000

$4,190,000

$1,310,000

Sales Price (Min)

$705,000

$555,000

$150,000

$267

$309

$(42)

84

119

(35)

Sales

Avg $/SF Avg Days On Mkt

anthem country club Nestled in the foothills of Black Mountain, Anthem Country Club is the pinnacle of living in the master-planned community of Anthem. Meandering along the golf course, Anthem Country Club is a collection of upscale tract and custom homes amongst almost 5,000 acres of beautifully landscaped homes with a three-mile walking loop.

2017

2016

Change

109

118

(9)

$769,912

$844,647

$(74,735)

Sales Price (Max)

$2,600,000

$4,400,000

$(1,800,000)

Sales Price (Min)

$323,500

$316,500

$7,000

$229

$228

$1

75

89

(14)

Sales Average Sales Price

Avg $/SF Avg Days On Mkt

year end 2017 |

insight

25

las vegas, summerlin & henderson

|

702.360.1414

seven hills As the Roman Empire was built upon its famed rolling hills, so too is the mater-planned community Seven Hills, just south of Las Vegas and gloriously nestled against the magnificent McCollough mountain range. Travel along the rolling hills and one discovers a range of architecture from classic Tuscan to the ultimate in modern design. Elevated to afford wondrous views of the entire Las Vegas valley Seven Hills is home to the Rio Secco gold course designed by Rees Jones, as well as, an abundance of outdoor activities and amenities.

2017

2016

Change

55

43

12

Average Sales Price

$1,129,622

$1,003,169

$126,453

Sales Price (Max)

$3,700,000

$2,700,000

$1,000,000

Sales Price (Min)

$500,000

$507,500

$(7,500)

$221

$207

$14

59

96

(37)

Sales

Avg $/SF Avg Days On Mkt

the fountains Known as one of the most prestigious addresses in the master-planned community of Green Valley in the Las Vegas suburb of Henderson, The Fountains community is an unexpected gem in the desert. Enjoying large, open lawns and tree-canopied streets, The Fountains is reminiscent of an east coast neighborhood.

2017

2016

Change

2

12

-10

Average Sales Price

$1,067,500

$795,208

$272,292

Sales Price (Max)

$1,300,000

$1,035,000

$265,000

Sales Price (Min)

$835,000

$575,000

$260,000

$212

$194

$18

33

90

(57)

Sales

Avg $/SF Avg Days On Mkt

26

i n s i g h t | year end 2017

roma hills Expansive living can sometimes come in an intimate environment and that is the beauty of Roma Hills. Designed as a sanctuary for only 144 homes, Roma Hills is luxuriously unique in Las Vegas.

Set against Black Mountain and offering spectacular views of the entire valley, Roma Hills is a guard-gated retreat for privacy and unrivaled living.

2017

2016

Change

8

6

2

Average Sales Price

$1,032,500

$1,416,458

$(383,958)

Sales Price (Max)

$1,495,000

$4,000,000

$(2,505,000)

Sales Price (Min)

$625,000

$603,750

$21,250

$216

$242

$(26)

90

109

(19)

Sales

Avg $/SF Avg Days On Mkt

lake las vegas If there is one place to be a world away in the desert, that place could only be Lake Las Vegas. Surrounding a 320-acre shimmering lake, the resort community of Lake Las Vegas flawlessly blends luxury residential living with the finer aspects of commercial enticements and golf only minutes from Las Vegas.

2017

2016

Change

55

43

12

$833,047

$807,979

$25,068

Sales Price (Max)

$2,700,000

$2,850,000

$(150,000)

Sales Price (Min)

$500,000

$500,000

$-

Avg $/SF

$221

$220

$1

Avg Days On Mkt

104

149

(45)

Sales Average Sales Price

year end 2017 |

insight

27

LIVE Dragonridge Office | 702.614.9100 Kristen Routh Silberman | 702.467.7100 Property ID: KLJ334 | SynergySIR.com

ELEVATED We are proud to be the exclusive listing brokerage for MacDonald Highlands.

An extraordinary master plan community 2,700 feet above the valley floor. Spectacular strip views and modern architecture are brought together with a five star country club offering the golf, swim, tennis and dining lifestyle you deserve..

Luxury Homes | New Modern Customs | Luxury Townhomes Strip View Lots | Design & Build Your Dream Home

year end 2017 |

insight

29

golf course living

Average

Sales Price

Golf Course

Sales

Highest

Average

Lowest

$/SF

DOM

Bear's Best

16

$5,000,000

$3,390,531

$1,400,000

$459

125

DragonRidge

14

$5,500,000

$1,940,357

$873,500

$278

88

Southern Highlands

5

$5,000,000

$1,679,300

$730,000

$257

143

TPC Summerlin

12

$2,499,900

$1,587,825

$599,999

$288

74

Rio Secco

9

$3,025,000

$1,370,988

$590,000

$248

87

Red Rock Country Club

52

$2,380,000

$1,148,668

$610,000

$268

78

Anthem Country Club

8

$2,300,000

$1,145,000

$720,000

$259

99

Lake Las Vegas

8

$2,700,000

$1,094,925

$450,000

$201

143

TPC Las Vegas

12

$2,249,900

$948,733

$550,000

$236

72

Canyon Gate Country Club

15

$2,000,000

$941,000

$500,000

$210

162

Spanish Trail

9

$2,150,000

$867,656

$388,900

$194

147

Las Vegas Country Club

8

$1,360,000

$499,488

$289,900

$169

25

Data through 12/31/17

®, TM and SM are licensed trademarks to Sotheby’s International Realty Affiliates, Inc. an Equal Opportunity Company. Equal Housing Opportunity. Each Office is independently owned and operated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of another real estate brokers. We are happy to work with them and cooperate fully. All information from sources deemed to be reliable although not warranted or guaranteed

by The Kuhl Group or Sotheby’s International Realty ®.

30

i n s i g h t | year end 2017

6 Beds | 10 Baths | 15,873 SqFt | 1 Acre 3 Anthem Pointe | $7,950,000

year end 2017 |

insight

31

selections from the collection

|

5078 spanish hills

$2,900,000 | 7,714 sq ft | 5 beds | 7 baths

32

i n s i g h t | year end 2017

702.360.1414

|

s y n e r g y s i r. c o m

1 3 74 o p a l va l l e y

$2,650,000 | 6,100 sq ft | 5 beds | 7 baths

year end 2017 |

insight

33

selections from the collection

|

702.360.1414

100 rancho circle

$6,500,000 | 24,544 sq ft | 9 beds | 14 baths

34

i n s i g h t | year end 2017

|

s y n e r g y s i r. c o m

destinations With more than 21,000 associates in 930 locations in 69 countries around the world, Sothebyâ&#x20AC;&#x2122;s International Realty offers true international reach and the ability to expose the properties we represent to the most qualified people in the most influential luxury markets around the globe.

Mykonos, Greece

Nerac, France

Sao Paulo, Brazil

6 Beds | 6 Baths $5,021,521 | ID: ZMSTXR

8 Beds | 5 Baths $4,405,787 | ID: 9H447M

6 Beds | 7 Baths $7,435,866 | ID: ZTSWXN

Brisbane, Australia 84 Widermere Rd 6 Beds | 6 Baths $3,256,434 | ID: CDMEQQ

Newport Beach, California 1733 Miramar Dr 4 Beds | 5 Baths $4,175,000 | ID: DVPKGY

Miami, Florida 8750 Ponce De Leon Rd 7 Beds | 7.5 Baths $8,900,000 | ID: JDESYE

La Jolla, California 5845 Camino De La Costa 5 Beds | 5 Baths $4,495,000 | ID: YBD3WK

Scottsdale, Arizona 11408 E Apache Vistas Dr 8 Beds | 11 Baths $7,200,000 | ID: EW2WBB

Steamboat Springs, Colorado 1058 Graystone Ct 5 Beds | 6 Baths $4,195,000 | ID: GKLLD9

learn more at synergysir.com

702.360.1414

synergysir.com

synergysir.com Green Valley • 120 S Green Valley Pkwy., Suite 154, Henderson, NV 89012 • Next to Whole Foods Summerlin • 10100 W Charleston Blvd., Suite 160, Las Vegas, NV 89135 • Next to Vintner Grill MacDonald Highlands • 552 S Stephanie St, Henderson, NV 89012 • Inside DragonRidge Country Club

6 CONTINENTS • 70 COUNTRIES • 930 OFFICES • LOCAL EXPERTS WORLDWIDE ®,™ and SM are licensed trademarks to Sotheby’s International Realty Affiliates, Inc. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated, Except Offices Owned And Operated By NRT Incorporated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. * All information from sources deemed to be reliable although not warranted or guaranteed by Gene Northup or Sotheby’s International Realty® All information from MLS and Tax Records representing Single Family Homes only in MLS Areas 101-606