Thursday, November 4, 2010

Brightmoor Subdivison Matthews, NC. Market Trends Nov. 2010

Brightmoor subdivsion located just outside the center of Matthews, NC. is a large family friendly neighborhood. Offerign two swimming pools, tennis courts, walking trails, and a play ground for the kids. Because of it's convient location and excellent school assignements this has been a popular place among families in the Matthews area.

The market has been a roller coaster of a ride the last couple of years. However; families still find Brightmoor to be a desirable location to settle down in. Below are the market trends for the past three eyars from November 1 through October 31 the following year:

3 years ago 18 homes sold for an average sale price of $226,419. They were on the market for an average of 40 days.

2 years ago 18 homes sold for an average sale price of $212,539. They were on the market for an average of 44 days.

Last year 8 homes sold for an average sale price of $180,413. They were on the market for an average of 92 days.

There are currenrtly 11 homes on the market right now in brightmoor with an average sale price of $216,173.

Though the home prices have streadily declined over the past three eyars; he days to sell is signifcantly below the market average. In fact; almost half of the national average. Thus keeping trend with the image that the neighborhood portrays...

Dave diCecco
Realtor/Broker
www.davedicecco.com

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