Trilogy at Vistancia News Quarterly Sales 1st Q ’14

Trilogy at Vistancia Quarterly News and Sales Update

Trilogy at Vistancia Sales Volume finished up 1^st Q of 2014  with a double digit downward sales trend in the subdivision, Although the metro area in general witnessed downward sales volume, Trilogy at Vistancia outpaced the average with a -36.7%  in closed homes.

The builder has approximately 20 lots remaining to sell in Trilogy at Vistancia, they sold approx. 75 homes in 2013. Much less than in 2012, but to be expected as lot locations become scarce.

Shea homes is anticipating selling out of all 20 lots by late fall and recently introduced a golf course lot promotion tied to their last 7 lots available. If you contract to build on one of the lots by April 30^th, Shea will provide you a 20,000 credit in backyard goodies, such as a kitchen, fireplace area, etc.

Trilogy West has applied to permit for 270 of its approx. 950 lots. Scheduled to break ground this fall, there will be 6 new model homes constructed. Natura collection homes will be offered in the 270 lot release and phased out as progress continues. All existing Veritas and Vita plans are currently being discontinued. If you LOVE one of these home plans, contact us for a strategy to get the best option for you when it comes available, on our Trilogy home page find the submission form and sign up: Contact Us for Trilogy Homes

Market Stats  and Homes sold for the 1^st Quarter 2014

• 31 Units sold. Down from 2013 by -36.7% 49 units sold in 2013
• Median Sold price for the community came in at 365,160. This is a +6.6%  increase in the 12 month period from last year.
• Median list Price: 349,900.  An 11.4% increase over last year. Median List was 313,950 in 1sr Q 2013.

Listing Activity for Trilogy at Vistancia

Low sale at 202,000 with only 5 homes closing for less than 250,000, by comparison last year the low sale was  175,500 with 10  homes closing under 250,000. As of April 1st 2014 only 5 current listings under 250,000. We have seen the end of homes below 200,000 in this community, but with the decrease in traffic buyers will have more options.

The High Sale for the 1st Q came in at 612,500 for a Stellare Model home on the golf course.  Last year’s high sale came in at 555,000 for a Stellare on the golf course.

• Active Market Listings Jan 1^st 2014 = 128 homes
• Active Market Listings Jan 1^st 2013= 112  homes
• Slightly higher inventory going into 2^nd Q, but also bear in mind the builder only has approx. 20 homes to sell this year.

While community interest has waned, it is still a very sought after neighborhood. Builder ads are not as strong as they are in close out mode. Interest should pique again next fall with the launch of Trilogy West.  Current market conditions in Trilogy lean to a balanced market slightly in favor of buyers

Buyers Contact Us let us know a few details and we’ll get you underway!

Thinking of selling your home?  Price points are up for you folks thinking of selling, but it will take sharp prices and strategic marketing to get sold quickly. Average days on market are 120 days. GET SOLD

View all homes currently for sale in Trilogy at Vistancia New Listing Updates

Natura Collection Homes Sold 01/01/2014- 3/31/2014

Veritas Collection Homes Sold 01/01/2014- 3/31/2014

Vita Collection Homes Sold 01/01/2014-3/31/2014