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With sales down and inventory high, Switzerland’s luxury watch makers are quietly cutting prices—or rethinking production so they can add traditionally pricey features to ‘bargain’ watches. Is now the best time to buy?

With sales down and inventory high, Switzerland’s luxury watch makers are quietly cutting prices—or rethinking production so they can add traditionally pricey features to ‘bargain’ watches.

The stairwell in Helen Ditlev-Simonsen’s house in greater Oslo, Norway, has terrazzo floors.

The stairwell in Helen Ditlev-Simonsen’s house in greater Oslo, Norway, has terrazzo floors.

Ms. Long’s master bedroom. The headboard is handmade of wool and silk by Dutch artist Claudy Jongstra. Ms. Jongstra also made the curtain flanking the sitting area in the corner.

Long’s master bedroom. The headboard is handmade of wool and silk by Dutch artist Claudy Jongstra. Jongstra also made the curtain flanking the sitting area in the corner.

The owners of this family compound near Germany's Havel river opted for a stainless-steel Bulthaup kitchen, at a cost of $129,000.

A German couple found an ideal spot by the Havel River to build their own family-friendly retirement compound

love perfect for a family

This living room features a custom-designed fireplace with oil-rubbed bronze sconces. The banister on the second floor was custom designed to fit into the rest of the room's design.