Tuesday, July 19, 2011

Market Report: Crestdale Crossing Matthews, NC. 28105 July 2011

Crestdale Crossing is a quaint 110 single family home subdivision located in Matthews, NC. 28105 just outside of the center of town. This quiet community was built in 2002-2003. It's families location to the highways, great schools and family like atmosphere make it a popular destination among families and empty of.

Below are the market trends for of Crossing for the past three years. This will give you a good idea of how the housing has trended in there. these numbers are from July 1st through June 30th of that year.

3 years ago there was 4 homes that sold for an average sale price of $122,500. they were on the market for an average of 17 days.

2 years ago there were 6 homes that sold for an average sale price of $118,458. they were on the market for an average of 25 days.

last year there were 3 homes that sold for an average sale price of $109,667. they were on the market for an average of 60 days.

Currently there are 3 homes actively on the market in years crossing for an average sale price of $90,667. there is one home currently under contract right now. These homes have been on the market for an average of 74 days.

based on the trends of the past three years with the amount of homes that have sold there is a 12 month supply of homes on the market. In a ideal situation that number would be 6 months supply. If it is less than six months it favors a seller and if it is more than six months it favors the buyer.

Dave diCecco
Realtor/Broker
www.davedicecco.com

No comments:

Post a Comment