WOW!!! A HUGE PRICE DECLINE ON A FORECLOSED PROPERTY.....
This home at 9 Alexander Court was previously owned by a real estate agent and is now owned by the Bank. It originally listed back in July of 2008 for $1,950K. It just came back on the market as a foreclosure for $945K....that's a half price sale. Better hurry on this one if you're interested, it won't last long. MLS #572636
Beach to Bay Realtors just came down on this home at 4 Mitchelmore Court to $999,999. It is the first reduction since it was listed back on July 28th of 2009. There are still 14 homes actively listed in King's Creek with an average listing price of $1,026K and an average DOM of 313. There are none under contract and only 3 have closed this year. MLS #571240