How will luxury sales trends change this year?
The 2021 Luxury Trends report has arrived and what a year it was. The luxury real estate buying boom, which started in 2020, grew frantic in 2021. In both years, luxury buyers headed to less populated areas to escape pandemic fears and restrictions and gain some much needed space while spending a lot of their time at home.
Read on for all of the latest details!
What's Ahead for Luxury Sales:
- Low standing inventory which will continue to increase (or maintain) prices
- New construction for luxury homes will be hampered by supply chain issues, rising cost of materials, and labor shortages
- Most, but not all, luxury buyers will want a move-in ready home with little to no remodeling or updating required
- New construction and turnkey properties will still spark bidding wars
2021 Sales Summary
*These figures represent sales from 1/1/21 - 12/31/21. Thank you to every single client that has worked with us in 2021!
6038 Breithorn Circle
6,295 Square Feet | 4 Bedrooms | 4 Bath | 2 Half Baths | 3 Car Garage
Offered at $4,000,000
Enjoy privacy and splendor in Montrêux!
Located in a prime cul-de-sac setting with breathtaking views of the 13th Fairway, this luxurious custom home offers extensive upgrades and sophisticated finishes. Open-Concept Great Room with dramatic beamed ceilings and spectacular Chef’s Kitchen. Master Suite on main floor and impressive Family Room/Office space upstairs. Magnificent Solarium ushers in abundant natural light. Hydronic radiant heat flooring on both levels and three fireplaces. Superior golf views abound!
370 Timberlake Court
4,978 Square Feet | 4 Bedrooms | 4.5 Bath | 4 Car Garage
Offered at $2,700,000
Enjoy a luxurious lifestyle in gated St. James Village!
Recently remodeled, this custom home offers both elegance and day-to-day functionality. Main-level living with hydraulic elevator for easy access between floors. Gourmet Kitchen features Sub-Zero, Thermador, KitchenAid and Viking appliances. French Oak wood floors. Dedicated Office, plush Home Theater, and separate Kitchenette. Enormous picture windows provide a front-row seat to spectacular views of Washoe Valley, Washoe Lake, and Mount Rose Ski Resort.
5790 Strasbourg Court
Vacant Lot | 0.69 acre
Offered at $550,000
Rare and highly desirable custom homesite in Montrêux!
Located inside Northern Nevada's premier gated golf course community. Build your dream home in the heart of Montrêux, and surrounded by gorgeous pines. Walking distance to the gatehouse entry, clubhouse, and fitness center. There is no time requirement to build. Secure one of the last pieces of Montrêux now, and build when you are ready. Homesite is fairly flat, very buildable. All utilities are at the site. Only 20-minutes to the airport and 25-minutes to Lake Tahoe.