Bella Terra Homes – May 2010
by glenng on May.29, 2010, under Estero Market Statistics
There are 28 homes for sale in Bella Terra. Of the 28 homes for sale – 13 are potential short sales and 1 is a foreclosure. The average list price of home in Bella Terra is about $263000.
A potential short sale property (more commonly called short sale) is when the home owner owes more on the mortgage(s) or other liens against the home owner’s property than what the estimated market value of the property or possible selling price.
Potential short sale properties are not the same as a foreclosed property. A foreclosed property is where the bank, lender or investor owns the property.
The median sold price for a Bella Terra is increasing based upon a one year trend of the monthly median sold prices.