- Good location on the NE side of town, close to I-95 and the Turnpike.
- Winding, oak lined streets with great uniformity in the neighborhood.
- Affordable housing.
- Several nature preserves and lakes dot the community.
In the last 60 days, there have been 6 sales in The Shores. Using the median, we find:
Living square footage: 2,377
Listing price at time of contract: $ 384,950 or $ 164.34 per square foot.
Sale price: $ 333,850 or $ 146.05 per square foot. This is 87.8% of asking price.
Time on the market: 165
Statistics will always show that the highest listing price does not always equal the highest net to the seller. In the case of The Shores (granted this is a very tough market) the home which had been on the market the longest started at $ 529,900 and finally sold for $ 300,000 after over 3 years.
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Richard Sites, Realty Associates