Terravita N EIG HBO RH O O D H O U S I NG M ARK E T R E P O RT
R E A L E S TAT E R E I M AG I N E D
What is the housing market like in your neighborhood this summer? In Terravita, 56 homes sold this year through July 31, 2020. This is one more home than sold during the same time period from last year. Considering the challenges we have faced since the beginning of this year, this is impressive. Price per square foot in Terravita has also increased by 13% over the same time period last year, and the median price of a home has risen just slightly. In North Scottsdale, the median price for a home is up nearly 11% over the same seven month timeframe in 2019. In the 85266 zip code, the market is also relatively strong with median prices up by 10 percent to $825,000. The price per square foot in the zip code is up by 6.1%. The number of days a home is listed before it is sold has dropped significantly across the market, down nearly 20% for all of Scottsdale. LOOK INSIDE TO SEE THE LATEST MARKET DATA FOR SCOTTSDALE HOMES ď ˝
Homes sold in Terravita July 1 - August 1, 2020 ADDRESS
LIST PRICE
SOLD PRICE
% OF LIST PRICE
PRICE PER SQ. FT.
32712 N. 70th St.
$430,000
$403,000
93.7%
$286
6832 E. Nightingale Star Cir.
$475,000
$475,000
100.0%
$284
7143 E. Canyon Wren Cir.
$429,000
$370,000
86.2%
$267
33672 N. 71st Way
$565,000
$543,000
96.1%
$261
6781 E. Whispering Mesquite Trail
$639,900
$625,000
97.7%
$352
32908 N. 71st St.
$649,000
$649,000
100.0%
$329
6388 E. Marioca Cir.
$650,000
$602,000
92.6%
$219
6954 E. Hibiscus Way
$649,000
$625,000
96.3%
$308
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