Corte Bella real estate sales for the 4th quarter of 2009 have been posted to my website. Sales were up considerably this quarter (29 homes sold) over the same time period last year (11 homes sold).
While the Corte Bella real estate market has struggled in the past due to high inventories and the Corte Bella foreclosures are still higher per capita than other retirement communities, the brisk sales of this last quarter show a glimmer of hope for this beautiful community.
It all comes down to supply and demand. We realtors look at absortion rates to take a temperature, as you will, of the markets health. If the inventories don't sore in the next couple of months and we continue to see increased sales this next quarter, Corte Bella will be much closer to recovering.
Having said that there are currently 7 foreclosures showing up as MLS listings with around 21 more in 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 Corte Bella real estate, please call me or visit my website where you will find a wealth of information, including Corte Bella floor plans for the different models. You will also find information on other Phoenix Arizona golf retirement communities.
Ken Meade Realty
Sun City Grand Office