Market Report: Crestdale Crossing Matthews, NC. 28105 September 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 love the location to the highways, the great schools and family like atmosphere with children playing in the park or riding bikes through the cul de sac's. Below are the market trends for Crestdale 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 September 1st through August 30th. 3 years ago there were 3 homes that sold for an average sale price of $109,333. They were on the market for an average of 13 days. 2 years ago there was 6 homes that sold for an average of $121,625. They were on the market for an average of 63 days. Last year there was 4 homes that sold. They sold for an average of $92,875.00. They were on the market for an average of 69 days. Currently there is only one house on the market actively right now. it is priced at $84,900 and there are 2 other homes under contract. Even in a market where home prices have fallen and inventory is up...this quaint little community in Matthews, NC. has doen well with selling homes in a timely fashion..... Dave diCecco Realtor/Broker www.davedicecco.com