Home Sales In Port LaBelle

LABELLE, FLORIDA -- There were 8 real estate properties sold in the
LaBelle and Port LaBelle area from July 11 to July 25 for an average
price of $176,875. The sales were as follows: $425,000 on Ivan Blvd,
in North LaBelle, $32,000 on Rainbow Circle, $185,000 on School
Circle, $230,000 on Springview Circle in Laurel Oaks, $165,000 on N.
Edgewater Circle, $150,000 on S. Edgewater Circle, $189,000 on S.
Edgewater Circle, and $39,000 on W. Palomar Circle. New home sales
have come to an abrupt stop in recent weeks due to the home buyer's
perceived difference in pricing between existing homes and new models.