Crestdale Crossing in Matthews North Carolina has seem to been isolated from the market recession over the past couple years. The neighborhood is stable.
Currently there is 3 on the market right now for an average asking price of $123,600. There is one home pending right now.
This year there has been 4 homes that have sold so far for an average sale price of $127,000. The average days on the market for these homes is 52 days.
In 2009 there was 6 homes that sold for an average sale price of $121,625. They were on the market for an average of 63 days.
In 2008 there were 3 homes that sold for an average of $109,333. They were on the market for an average of 13 days.
Based on the average of homes sold over the past two years and what ahs sold thsi year the inventory seems to be about right. in an perfect environment that does nto favor the seller or buyer you would want 6 months of inventory on the market. Crestdale Crossing seems to be holding steady with that right now.
Dave diCecco
Realtor/Broker
www.davedicecco.com
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