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Troon Village Area Summary of Home Sales By Type

Updated Mon Sep 18, 2017 6 PM.

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 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 Village. New multi-acre developments can be found east of Troon Village. There are gated, guard gated, and non-gated subdivisions surrounding Troon Mountain.

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 Area 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
69
153
3,657
960,436
95.4%
Short Sale
1
208
1,855
405,000
97.6%
Lender Owned
1
43
1,337
252,000
89.7%

 
Here is a list of definitions often used to describe Distressed Properties.

Definitions
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 Foreclosure Pre-Foreclosure The owner is attempting to sell the property during the pre-foreclosure period, before the foreclosure can be completed. The term pre-foreclosure or preforeclosure is that period between when the lender files a foreclosure notice of default in the public records (Lis Pendens) and the date the property is to be sold at public auction or trustee's sale. Often lenders are taking back properties instead of holding the public auction or trustee's sale.
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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