Montage Deer Valley Residence Sales Update
April 6th, 2011 Categories: Deer Valley®, Hotels & Lodging, Neighborhoods, Real Estate
Montage Deer Valley Sales Surge
The opening of Montage Deer Valley was the biggest Deer Valley news event of the 2010/11 ski season.
Montage had been pre-selling residences during the challenging economy of 2010, and began the ski season with three pending sales. The developer kept to their construction schedule, and the first owners of Montage Deer Valley Residences took possession of their condos in late December 2010.
Deer Valley Montage: “Build it and They Will Come!”
As the ski season progressed, so did sales momentum at Montage Deer Valley. So far, 5 Montage Residences have sold, and 5 more are pending sale, bringing the total number of sold/pending Montage Deer Valley residences to 10. On top of those ten sales, the developer is working with prospective buyers on a couple of additional sales.
Montage Deer Valley Sales Statistics, as reported by the Park City MLS
Montage First Tracks Discounts: Going, Going….
The developer is offering 20% discounts, ability to choose from nearly any residence in the building, and a smorgasbord of additional benefits to only the first 15 buyers at Montage Deer Valley. You’ll find a summary of the Montage First Tracks incentives here:
http://blog.parkcityrealestateguide.com/montage-deer-valley-first-tracks-incentives/
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Related Deer Valley Montage Hotel Posts:
Montage Deer Valley Utah Location
Montage Deer Valley Residences For Sale
Montage Deer Valley Floor Plans
Montage Deer Valley “First Tracks” Prices and Incentives
Deer Valley Montage Hotel
will the developer extend the first tracks pricing beyond the 15 additional units?
Good question, Johnny. We can’t speak for the developer, but we think Montage would be smart to keep their sales momentum alive and keep some sort of sales incentive program in place.
More than price, the biggest impact for post-first-tracks buyers could be that their choices of available units will be constrained to the developer’s “Current Release.” And in a building that has at least 10 distinct view corridors, there may not be availability of 4 bedroom residences with direct views of Daly Chutes, for instance…
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