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Troon Village Summary of Home Sales By Type

Updated Fri Jul 30, 2010 11:13 AM.

Troon Village is a 1,400-acre residential master-planned golf community located in north Scottsdale surrounding Troon Mountain. Troon Village has a wonderful assortment of residential choices from townhomes to semi-custom and custom spec homes, as well as residential homesites.

Troon Ridge master-planned community borders part of Troon Mountain, and is often considered to be part of Troon. New multi-acre developments can be found east of Troon. Most communities around Troom Mountain , north and south of Happy Valley Road, are gated.

Troon Village is home to Troon Country Club, one of Arizona's top-rated golf clubs. Designed by Tom Weiskopf and Jay Morrish and featuring a luxurious 50,000+ square foot clubhouse. Named for the famed Royal Troon Golf Club in Scotland where, in 1973, Tom Weiskopf won the British Open.

Troon Country Club offers social and golf memberships on an application and availability basis.
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Summary of Troon Village Home Sales By Type

  
Type of Sale Sales in past
6 months		 Avg Days
on market		 Avg Square
Footage		 Avg
Sale Price		 Avg % of
Asking Price
Resale
37
111
3,271
753,513
92.4%
Short Sale
7
120
3,250
619,637
97.8%
Lender Owned
7
85
3,315
594,516
93.5%

Here is a list of definitions often used to describe Type of Real Estate Sales.

Definitions
North Scottsdale Resale 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.
North Scottsdale Short Sale 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.
North Scottsdale Lender Owned Home Lender Owned Lender owned is just what it sounds like. Also called " REO" , which means real estate owned, or bank owned.
Russ Lyon - Since 1947 - Our name is synonymous with fine properties.   Lisa & Matt Lucky - Enjoying the North Scottsdale Lifestyle since 1997.   North Scottsdale Relocation Specialist.
 
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