6 EXCALIBUR COURT - This RE/MAX Rehoboth listed property has been reduced again to $1,405K. It has been listed since December of 2007 (over 580 days). It originally listed for $1,800K so it is down 22%. Only 3 have closed this year in King's Creek and their average selling price was $843K, down an average of 23% from the original asking price. They also averaged 698 days on the market.
134 KING'S CREEK CIRCLE - This property is also listed by RE/MAX in Rehoboth (since April of 2008) and has been reduced again from $1,049K to $997K. It originally listed for $1,150K. Looks like a lot of house for the money. Unfortunately, property in this price range is just sitting due in large part to the tightened lending practices and uncertainty in the market.
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