Estancia Home Sales By Type

Updated Tuesday October 17, 2017       

Home sales summary in Estancia

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Summary of Estancia Home Sales By Type

Estancia is a guard gated custom home golf course community north of Pinnacle Peak mountain. Estancia consists of 39 Tuscan-style villas known as The Homes of LaScala, and 223 custom homesites. Custom homesites range in size from one-half to two acres.

The Estancia Golf Club has recently renovated Tom Fazio designed 18-hole championship course. Challenging yet playable, with breathtaking views. Golf Digest named Estancia the "Best New Private Course" among the "100 Greatest Courses in the U.S." and as one of the "100 Greatest Courses in the World."

Type of SaleSales in past
6 months
Avg Days
on market
Avg Square
Footage
Avg
Sale Price
Avg % of
Asking Price
Resale
10
409
5498
2,444,895
89.1%
Short Sale
0
n/a
n/a
n/a
n/a
Lender Owned
1
27
4362
1,050,000
89.4%
Total
11
374
5395
2,318,086
89.2%

Included are Homes Sales within the past six (6) months (since April 2017)

Summary above is based on information from the Arizona Regional Multiple Listing Service (ARMLS) where cooperating brokers share listing information. Excluded from the data above are home sales not found in ARMLS and sales by brokers who choose not to market their listing(s) on the internet.
All information should be verified by the recipient.
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Here is a list of definitions often used to describe Types of Real Estate Sales.

Definitions

Resale — This is the traditional method, with no third party involvement. The owner sells the property and pays off any debts secured by the property. Relocation, estate sale, and auctions, which made up a small percentage, are also included in this category.

Short Sale — The "short" in short sale actually refers to the fact that the payoff amount agreed to in the transaction is "shorter" than the mortgage balance on the property. Simply put, there is more owed on the home than it will sell for.

Lender Owned — Lender owned is just what it sounds like. Also called "REO", which means real estate owned, or bank owned.

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