Terravita is a charming golf community located in North Scottsdale, just south of the community of Carefree. It is home to 23 different neighborhoods spread over its 823 acres. Homes on the market currently range from $315,000 to $949,000 and floorplan sizes go from about 1,400 square feet up to the 3,800 square foot range.
Here are the 2010 home sales figures for Terravita. The first chart looks at Q1 and Q2 home sales as well as year-to-date activity through August. The second chart looks at current homes on the market and pending home sales at Terravita. It also includes sales figures for July and August.
Homes sales in Terravita really picked up in the second quarter of 2010, more than doubling Q1’s sales. We also saw average sales price and average price per square foot increase quarter over quarter, whereas these figures slipped at many of the other Scottsdale golf communities.
Here are the most current figures for Terravita’s real estate market. Current asking prices for homes range from $315,000 to $949.000. Of the three pending sales, asking prices are skewed toward the lower end of the price spectrum – $270,000-$550,000. What is disappointing is that there were only six homes sales in July and August and with only three pending sales currently, September will also be a lower sales month. So, after experiencing an excellent Q2, it seems Q3 will be a disappointing one for Terravita.
About Terravita in Scottsdale, Arizona
Residents of this lovely golf community enjoy a guard-gated entrance, excellent views of Black Mountain and an outdoor-living lifestyle. There are 23 sub-neighborhoods with homes that range in square footage from about 1,400 square feet to 3,800 square feet.
Social activities abound and are centered around the 34,000 square foot clubhouse. The clubhouse has options for dining that include a casual grill and fine dining and room for private parties. There is an onsite health and fitness facility along with swimming and tennis. Walking trails provide an alternative exercise option among a scenic setting . Shopping, cultural activities and restaurants are just a short drive away and the Phoenix airport is less than an 45 minutes away.
Disclaimer: Information herein deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of 9/17/2010 and can change at any time. The analysis looks at home sale activity in the golf community of Terravita in Scottsdale, Arizona. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2010 Heather Tawes Nelson
