Terra Vista is balanced, with about 4.7 months of inventory — 41 homes for sale against 15 under contract, and 14 of the 41 listings have already cut their price. On price the record is on your side: recent buyers paid a median of about 93% of original ask, about $30,000 under the first number, and value per square foot is 17.4% below its 2024 high. We’ll judge every home on price per square foot against today’s market, not a seller’s memory of 2024 — and we won’t dawdle on the well-priced ones.
Terra Vista is the flagship of the Villages of Citrus Hills — a gated, amenity-rich golf community with championship courses, a spa and fitness campus, tennis and pickleball, and the county’s deepest concentration of upper-tier homes. It is where Citrus County’s move-up and luxury buyers shop, which makes pricing discipline everything. The typical resale closed near $470,000 over the past year, and with about 4.7 months of supply the market is balanced: 41 homes for sale against 15 under contract — down from 22 in August — and 14 of the 41 have already reduced price.
Just as important is where the market has been. Value per square foot peaked in 2024 and has since come off 17.4%. Many Terra Vista sellers are still anchored to that 2024 number — which is exactly why so many homes cut price or never sell at all. That gap between hope and reality is your opportunity — and the well-priced homes still sell, so we move decisively when one appears.
Median value per square foot by calendar year (2026 is year-to-date through September). We chart per-foot value, not median price — median price swings on which sizes sell, while price-per-foot shows the real trend, and where your negotiating room sits. Terra Vista peaked in 2024 and has eased since.
| Year | Sold | Median Price | $/SqFt | DOM | At/over ask |
|---|---|---|---|---|---|
| 2021 | 167 | 395,000.00 | $177.73 | 24 | 27% |
| 2022 | 128 | 477,250.00 | $222.39 | 30 | 34% |
| 2023 | 85 | 465,000.00 | $226.90 | 40 | 16% |
| 2024 | 90 | 524,500.00 | $248.47 | 86 | 10% |
| 2025 | 88 | 507,500.00 | $214.44 | 90 | 10% |
| 2026 YTD | 81 | 450,000.00 | $205.16 | 80 | 9% |
Full calendar years; 2026 is year-to-date through September.
The Peak Test: value per square foot is 17.4% below its 2024 high (still up about 15.4% since 2021). You are buying after the correction, not before it.
Two ways that helps you. First, a seller whose home has sat for months — or already failed to sell once — is a negotiation waiting to happen. Second, those expired and withdrawn homes are inventory the portals no longer show. The owners still want to sell, and we can approach them directly for you.
Long-run perspective: value per square foot is still up about 15.4% since 2021, but 17.4% off the 2024 peak. Terra Vista is a proven, premier community — and it is still on sale relative to where it was.
Ask the Terra Vista Home Team. We answer within one business day. Rather talk? Call or text (833) 843-8848.