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Winfield Summary of Home Sales By Type

Updated Thu Sep 09, 2010 12:30 PM.

Winfield is a 300-acres gated community on Scottsdale Road, south of Carefree Highway, and nestled between Whisper Rock and The Boulders. Named for the founder of Scottsdale, Winfield Scott, the guard-gated community offers the best of both Scottsdale and Carefree. The 75-acre Winfield Mountain Preserve ensures residents will enjoy the natural beauty of arroyos, desert trees, majestic saguaro cacti and other desert vegetation or the High Sonoran Desert. Most homes enjoy views of nearby Black Mountain and city lights.

The Clubhouse at Winfield is approximately 13,500 square feet, with facilities and many activities for their residents to enjoy, including: 8 tennis courts (2 clay), heated Olympic-sized pool and spa, men's and women's locker room, sauna, fitness center, aerobics, and 8 miles of hiking trails. Also enjoy the Standing Rock Café.
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Summary of Winfield 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
13
129
2,299
423,000
93.7%
Short Sale
1
103
4,721
749,000
100.0%
Lender Owned
3
55
2,975
509,733
100.2%

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.
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