Tucked away in Matthews, NC. is Crestdale Crossing. A small subdivison made up of 110 homes. A popular spot among young familes this 8 year old subdivison is an affordable place to live within the Matthews school district.
History has shown this community has done well in this down Real Estate market. The numbers below are sales from February 1 to January 31.
3 years ago there were 13 homes that sold. the average sale price was $128177. They lasted on the market an average of 34 days.
2 years ago there were 4 homes that sold. The average sale price was $121,875. They were on the market for an average of 23 days.
Last year there were 5 homes that sold. The average sale price was $122,500. They were on the market for an average of 60 days.
Currently there are 2 homes actively on the market right now.
Based on current inventory levels and home sale trends we are at a balanced market in regards to Crestdale Crossing. Six months of inventory tends to be an average market. It favors neither the seller or the buyer. Over the paast two years the trend has been less homes sold. In addition, less people have tried to sell their home during this time period as well..
Dave dicecco
Realtor/Broker
www.davedicecco.com
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