Banks Selling Homes Cheaply In Hendry?

21 Homes Sold In Last Month

LABELLE, FL. -- In what may be a record month in real estate sales in western Hendry county, 21 homes were recorded as sold. From April 20th to May 18th, there were 21 homes sold in the LaBelle area for an average price of $83,857.

Most homes sold in recent months seem to be either bank owned or 'short' sales where banks allow sales at less than the amount of mortgages existing on the home.

The sales, two-thirds in LaBelle and one-third in Port LaBelle, the county's largest subdivision, in the last four weeks:

1) $30,000 on 6th Ave
2) $35,000 on Brittany Ln
3) $60,000 on Buttercup Cir
4) $58,000 on Caloosa Loop
5) $55,000 on Dustin Dr
6) $75,000 on Fort Simmons Ave
7) $39,000 on Gramercy Rd
8) $58,000 on Hardee St
9) $132,000 on Hardee St
10) $376,000 on Hidden Hammock Dr
11) $65,000 on Iris Cir
12) $37,000 on Maddox St
13) $35,000 on Memory Cir
14) $40,000 on Palmdale Ave
15) $54,000 on Quail Run
16) $290,000 on Shell Ln
17) $120,000 on Springview Cir
18) $40,000 on Wallen St
19) $40,000 on S Beechwood Cir
20) $52,000 on S Edgewater Cir
21) $70,000 on W Briarwood Cir