Here is my Newfound Harbor Area Real Estate Update for April 2015.
There are currently 26 single family homes on the market in the Newfound Harbor area and 14 of them are waterfront. They range in price from $49,000 to $1.175 million. Only one is a distress sale.
There are currently 9 under contract, two of them are short sales.
In the last 6 months there have been 22 sales ranging in price from $65,000 to $733,000. Four of them were distress sales. Year to date average sale price is up 3%.
There are currently 26 condos for sale in the Newfound Harbor area. Of these, 24 are “to be constructed” units at a new condo development that has yet to break ground.
The two units that are for sale are in Marina Village.
Do you live in the Newfound Harbor area? Join our Facebook Group!
The Newfound Harbor Area Real Estate update covers East Merritt Island south of 520. This includes homes on S. Banana River Drive as well as Newfound Harbor. Living in the Newfound Harbor Area offers easy access to Cocoa Beach and Port Canaveral. Many of the residents here enjoy fishing for redfish, trout, sheepshead and more right out of their back yards. Newfound Harbor has the Banana River to the East, and Sykes Creek to the West.
If you live in the Newfound Harbor Area and would like to discuss your real estate needs call Ben at 321-501-2999.