Terravita Home Sales By Type

Updated Monday September 18, 2017       

Home sales summary in Terravita

For current market insights consult a Realtor who lives and works in the area.   Contact Us

Summary of Terravita Home Sales By Type

Terravita is one of Scottsdale, Arizona's premier real estate developments.

Terravita is a gated mater-planned community of 823 acres in North Scottsdale. The community includes a wide range of homes with great floor plans suitable for everyone from larger families to couples looking for a part time or retirement residence. Amenities include a 18 hole championship golf course, clubhouse facilities with dining, a swim and tennis center, a health and fitness center and a community wide 6 mile long system of jogging and walking trails.

Terravita golf and the Terravita Golf & Country Club are of great interest to many buyers. The golf course at Terravita was created by PGA Hall of Fame member Billy Casper and designer Greg Nash, whose name is synonymous with beautiful, playable golf courses that provide fun, fair challenges to players of all abilities while blending seamlessly with their natural surroundings. The Terravita golf course is an excellent example of Greg’s design skills. Terravita Country Club amenities include a pro shop, a large driving range, and three separate areas to practice chipping and putting.

Type of SaleSales in past
6 months
Avg Days
on market
Avg Square
Footage
Avg
Sale Price
Avg % of
Asking Price
Resale
42
105
2251
563,560
97.4%
Short Sale
0
n/a
n/a
n/a
n/a
Lender Owned
0
n/a
n/a
n/a
n/a
Total
42
105
2251
563,560
97.4%

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