Luxury real estate market trends, developments and marketing.

Montreux Real Estate Report for October 2010

It’s fall here at Montreux, the most beautiful time of year! If you haven’t seen Montreux lately, now is the time to visit! The stunning Fall colors are vibrant… the streets and paths are lined with burnt orange, soft yellow, and blaze red.

The Montreux golf course is open and players are enjoying the weather. With recent rain, the bright green course is a perfect backdrop for the Autumn landscape.

We have some positive news to share. In a 10/25/10 report by the National Association of Realtors the sales of existing homes rose 10% in September. This National trend was also experienced for real estate in Montreux. Sales in September and activity in general in Q4 has been much more robust compared to this summer. On the other hand, we have also witnessed pressure on Sales prices.

As we enter the home stretch of 2010, it will be interesting to see the final tally of this year’s home sales in the Montreux Golf and Country Club Community.

With today’s Buyers taking advantage of “great deals” and record breaking low interest rates, there has been a total of 15 homes sold year to date, with 4 homes currently “pending”. In comparison, 2009 yielded 17 home sales.

Montreux is in a strong position to sell more this year than the previous year.

Call us at 775-849-9444 or stop by for an update on Montreux’s real estate offerings.
The Montreux Welcome Center is open everyday from 9-5pm. As always, your referrals are much appreciated!

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