Tucked away in Matthews, NC. is Crestdale Crossing. A small subdivison made up of 110 homes. A popular spot among young familes this 9 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 March 1 to February 28 .
3 years ago there were 12 homes that sold. the average sale price was $127,442. They lasted on the market an average of 35 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 under contract to close in the community and one on the market.
Based on current inventory levels and home sale trends we are at a seller's market in regards to Crestdale Crossing. Six months of inventory tends to be an average market. With only one house on the market we have a three month supply based on last year's sales.
Dave diCecco
Realtor/Broker
www.davedicecco.com
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