WEDNESDAY, AUGUST 13, 2008

Sales Update August 2008

We had a fantastic turnout at the Home Tour during the Legends Reno - Tahoe Open! It was great to meet so many new people interested in the homes and lifestyle Montrêux has to offer. A big thanks to all the people who stopped by the booth to say hello and view the houses we had open.

The Home Tour brought 250 prospects through the 4 showcased homes! The visitors raved about the quality and value found in Montrêux.

Since our last update, we have had increased activity in our sales office. A resale StoneHaven has gone into escrow. And, we have yet another Chalet reservation for Lot 1015!

By the way, have your noticed all the road work and infrastructure along hole number 8? Montrêux's putting in the roads to release custom homesites along this hole!

These highly anticipated lots offer golf course, trees and mountain views. Our interest list is growing for these lots... contact Brooke, Monica or Louise at the Welcome Center for more information (849-9444).
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SATURDAY, JULY 12, 2008

Sales Update, June / July 2008

We are excited to announce that Chalet Lot #1010 is in escrow. We proudly welcome our newest residents, Ron Waranch and Uta Bone, from The Reserve in Indian Wells, CA.

Our momentum is carrying through the summer nicely. We are seeing increased traffic and are expecting a great season. Comments recently from visitors were that they were driving down Mt. Rose highway and saw such a beautiful community that they had to pull in and check it out. Many Californians continue to migrate to Reno for tax savings and find Montreux to be the perfect oasis – the ideal lifestyle.

The Renaissance spec home on Cartier for $999,900 has recently been staged for all your friends and family to see. This charming 3,200 sq. ft. home is move-in ready. Additionally, the Renaissance model priced at $1,375,000 is finished and has absolutely spectacular views from almost every room.

The backyard on the Chalet model has been expanded and is getting rave reviews. This beautiful single-level 3,989 sq. ft home is priced at $1,899,000. Come check it out!

We thank you and appreciate all of your generous referrals that help Montreux continue to grow and prosper!

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THURSDAY, JUNE 12, 2008

Sales Update, May 2008

Montreux Home Values Increased by 17%
Despite current economic conditions, Montreux property values continue to rise! When comparing the last year of sales (May 1, 2007- May 1, 2008) to the same period the previous year (May 1, 2006 to May 1, 2007), the average home sales price increased by 17%. Additionally, the average sales cost per square foot increased by 12%. See the charts below, based on MLS recorded sales figures. Both facts provide evidence that Montreux properties are not only increasing in value, but the Buyers are also choosing higher quality of homes than the previous year.

Real Estate Activity Update
We had a great start to 2008 with a total of 10 properties sold in Montreux in the first half of 2008, consisting of one homesite and nine homes. The homes ranged in sales price from $930,000- $2,310,000.

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WEDNESDAY, APRIL 23, 2008

Sales Update, April 2008

Since our last Real Estate Report there has been a buzz of sales activity, further evidence of the vibrant real estate market in Montrêux!

Another Renaissance and a resale Cottage sold in the last month.

In our last article we reported the Renaissance model was sold. The brand-new Renaissance model will be completed by May 31st. Please feel free to give us a call at 849-9444 and we will gladly show you the new exquisite model, located at the end of the Practice Range.

The Chalet Spec home on the corner of Bordeaux and Nordend is now staged. What a difference! This home looks fantastic. Come by to see the results for yourself. This home is 3,176 sq. ft. on a single level with no wasted space. With four bedrooms, a great room, a wine cellar and three-car garage, many have commented that this home has everything that you could want!

Please feel free to stop by the Welcome Center for any updates on available or sold properties and to welcome Monica on board, or call us at (775) 849-9444.

Brooke, Louise and Monica thank you in advance for your referrals that help our community grow and prosper.

(775) 849-9444
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WEDNESDAY, APRIL 23, 2008

Montreux Represents the Highest Value in Reno!

You can’t open up a paper or turn on the evening news today without hearing the latest expert’s opinion on our current real estate market. Many of you have asked, “How are the real estate values in Montrêux holding up?”

Without a doubt, Montrêux has retained the highest property values in this turbulent market. Buyers see added value from Montrêux’s amenities (world-class golf and high architecture standards) setting Montrêux apart from other communities.

The following data was pulled from the Reno-Sparks Multiple Listing Service (from April 1st, 2007, to April 1st, 2008). Of the 24 reported sales in Montrêux, the average sales value per square foot was $424. This value is 35% to 40% higher than our surrounding “high-end” neighborhoods, including St. James Village, Galena/Callahan Ranch and ArrowCreek.

Montrêux continues to represent true value and price stability.
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MONDAY, AUGUST 27, 2007

September Real Estate Report

With the real estate market taking headline news recently, many of you may wonder how is the market in Montreux? Contrary to common opinion, 2007 is shaping up to be a year of strong real estate sales in our community.

We are thrilled to report that from January 1, 2007 to August 20, 2007 there have been a total of 37 properties sold in Montreux; an average rate of 4.3 properties per month. Of the 37 properties sold, 23 were homes and 14 were homesites. This year is shaping up to be stronger than 2006. Comparatively, in 2006 during the same time period only 16 homes were sold and 14 homesites.

Despite the negative press, the real estate market in Montreux is right on track!

New Team Member:
The Montreux sales team has the pleasure announcing our newest addition: Janae Scott. Janae is a Reno native, with over 8 years of real estate experience. Brooke Sullivan and Louise Simpson are thrilled to have Janae on their team. Please feel to stop by the welcome center to meet Janae.

Renaissance Update:
We have a new Renaissance model! The new location is 5990 Cartier, with breathtaking views of the 11th fairway and the Sierras. The brand-new model is open daily and showcases the wonderful open floorplan and stunning atrium of the Renaissance plan #3, with 3,785 SF.

Renaissance continues to represent the best value at Montreux with prices starting at just $999,000 for 3,200 SF. We have golf course and Sierra mountain view lots available, with three, single-level plans to choose from, ranging from 3,200-3,785 SF. Come by welcome center for more details.

The Last CreekSide Manor:
If you are looking for the very best of maintenance free living, beautiful custom details, and the sound of Galena creek at your back steps, the CreekSide Manor is for you! There is only one of these truly special homes left. Located at 6554 Champetre, this newly completed home offers three enormous bedroom suites and a great room design for $1,999,000.

For more information on any available properties, please feel free to contact:
Brooke, Louise or Janae at 775-849-9444
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SUNDAY, MARCH 25, 2007

April 2007 Real Estate Report

Market Update for 1st Quarter of 2007:

Montreux is proving many real estate skeptics wrong! The first Quarter of 2007 has seen some very strong real estate activity. In the first three months of 2007, there have been 18 homes and 7 homesites, either in contract or closing.

Below is a summary of the 18 homes and 7 homesites that have sold.

Renaissance can boast the sale of 5 closed properties priced from $1,040,000-$1,549,000. Additionally there are 2 homes in escrow with closings planned in early May. There is also 1 resale Renaissance home currently in escrow.

The Creekside Manor's have also seen quite a few closings in the first part of this year. A total of three Manor homes have closed escrow this quarter, with prices between $1.5 and $2.4 million.

As for Cottages, there has been one resale closing at $1,150,000 and the very last Developer Cottage will close the first week in April.

The Chalet's continue their strong start with another sale in the first quarter.

The Phase 9 lots have also had a robust beginning, with 7 lot sales in the first quarter alone! Contract prices ranged from $415,000-$615,000. A total of nine Phase 9 lots have been sold.

Finally, custom resale homes have seen some nice recent activity. There are four custom homes scheduled to close escrow by early May, with list prices between $1.6 and $2.5 million.
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SUNDAY, MARCH 4, 2007

February 2007 Sales Reports

The February 2007 Montreux Real Estate Reports are now available for download:
Please click here to download the February 2007 HOMES for Sale Report.
Please click here to download the February 2007 LOTS for Sale Report.
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THURSDAY, JANUARY 4, 2007

December 2006 Sales Reports

The December 2006 Montreux Real Estate Reports are now available for download:
Please click here to download the December 2006 HOMES for Sale Report.
Please click here to download the December 2006 LOTS for Sale Report.
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WEDNESDAY, NOVEMBER 1, 2006

October 2006 Sales Reports

The October 2006 Montreux Real Estate Reports are now available for download:
Please click here to download the October 2006 HOMES for Sale Report.
Please click here to download the October 2006 LOTS for Sale Report.
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SATURDAY, JULY 1, 2006

July 2006 Sales Reports

The July 2006 Montreux Real Estate Reports are now available for download:
Please click here to download the July 2006 HOMES for Sale Report.
Please click here to download the July 2006 LOTS for Sale Report.
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THURSDAY, JUNE 1, 2006

June 2006 Sales Reports

The June 2006 Montreux Real Estate Reports are now available for download:
Please click here to download the June 2006 HOMES for Sale Report.
Please click here to download the June 2006 LOTS for Sale Report.
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MONDAY, MAY 8, 2006

May 2006 Sales Reports

The May 2006 Montreux Real Estate Reports are now available for download:
Please click here to download the May 2006 HOMES for Sale Report.
Please click here to download the May 2006 LOTS for Sale Report.
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SUNDAY, APRIL 2, 2006

April 2006 Sales Reports

The April 2006 Montreux Real Estate Reports are now available for download:
Please click here to download the April 2006 HOMES for Sale Report.
Please click here to download the April 2006 LOTS for Sale Report.
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TUESDAY, FEBRUARY 28, 2006

March 2006 Sales Reports

The March 2006 Montreux Real Estate Reports are now available for download:
Please click here to download the March 2006 HOMES for Sale Report.
Please click here to download the March 2006 LOTS for Sale Report.
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MONDAY, FEBRUARY 6, 2006

February 2006 Sales Reports

The February 2006 Montreux Real Estate Reports are now available for download:
Please click here to download the February 2006 HOMES for Sale Report.
Please click here to download the February 2006 LOTS for Sale Report.
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TUESDAY, JANUARY 10, 2006

January 2006 Sales Reports

The January 2006 Montreux Real Estate Reports are now available for download:
Please click here to download the January 2006 HOMES for Sale Report.
Please click here to download the January 2006 LOTS for Sale Report.
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