3rd quarter sales figures for Corte Bella resales have been posted to my website. Sales were up this quarter (22 homes sold) over the same time period last year (13 homes sold). This is probably due to the increase in foreclosures and short sales this last year (i.e. - great deals!).
I'm afraid this beautiful Arizona retirement community's real estate market will continue to struggle this next year. The inventories are still too high for the current demand which will continue to drive prices down on the owner occupied resales. As a result we will continue to see the Corte Bella foreclosures and short sales rise.
There are currently only 3 foreclosures showing up as MLS listings but according to the tax records there are about 30 that are pre-foreclosure. Some of these may be sold successfully as short sales but many will go back to the banks.
To see archives for homes sold in Corte Bella Arizona
over the last 2 years click on the link below
If you are in the market to buy or sell a home in one of the Phoenix west valley active retirement golf communities, please call me or visit my website http://KathyAndersonRealtor.com. Here you will find information on homes for sale in Sun City Grand Surprise Arizona, resales in Corte Bella, Sun City Festival real estate, Arizona Traditions MLS listings, Trilogy at Vistancia and Sun City West, PLUS see a map of the Surprise AZ area retirement communities. Don't hesitate to call or email if you have questions.
Ken Meade Realty
Sun City Grand Office