Crestdale Crossing Matthews, NC. Market Trends August 2010

Crestdale Crossing in Matthews North Carolina has seem to been isolated from the market recession over the past couple years. The neighborhood is stable.

Currently there is 3 on the market right now for an average asking price of $123,600. There is one home pending right now.

This year there has been 4 homes that have sold so far for an average sale price of $127,000. The average days on the market for these homes is 52 days.

In 2009 there was 6 homes that sold for an average sale price of $121,625. They were on the market for an average of 63 days.

In 2008 there were 3 homes that sold for an average of $109,333. They were on the market for an average of 13 days.

Based on the average of homes sold over the past two years and what ahs sold thsi year the inventory seems to be about right. in an perfect environment that does nto favor the seller or buyer you would want 6 months of inventory on the market. Crestdale Crossing seems to be holding steady with that right now.

Dave diCecco
Realtor/Broker
www.davedicecco.com

Brightmoor Subdivison-Matthews, NC. Market trends August 2010

With the tax credit over and most of the deals closed out we have a better idea of the market trends right now. Brightmoor subdivison in Matthews, NC. has seen the trends of market pricing change with the economy:

Currently there are 16 homes currently active on the market in Brightmoor. The average asking price is $212,156. there are 2 homes pending to be closed.

In 2010 there have been 5 homes sold for an average sale price of $179,800. They have been on the market for an average of 135 days.

In 2009 13 homes sold for an average sale price of $193,654. They averaged 77 days on the market.

In 2008 16 homes sold with an average sale price of $221,534. They averaged 39 days on the market.

As you can see the trends are on a downward cycle and the average days on the market on an upward cycle. these numbers are indicating of a buyer's market right now. Based on the amount of homes that sold and average out the last two years you still have over a year supply on the market right now. An ideal situation si a six month supply. Anything less than that favors the seller and more than that favors the buyer. By how much is determined by how far from the six months the number is.

Dave diCecco
Realtor/Broker
www.davedicecco.com

New Listing: 8300 Tuckalake Drive Charlotte, NC. 28215

This beautiful ranch home with a full finished walk out basement in the cedar brook acres subdivsion sits on 6.5 private acres overlooking the lake.With 3276 square feet of living space; it is being offered for only $297,900. This home is one of those rare hard to find places. The view from the back deck is just breathtaking looking out at the lake and the woods behind it. there may be no better picturesque view in the fall with the leaves changing colors than from this deck.

The house has three bedrooms on the main level and 2 full baths. In addition it has a spacious family room with a fireplace. The downstairs was used as a giant rec room. it has a separate walkout to the back yard a bar, half bath and a fireplace. Plantation shutter are located on all the windows of the home and will pass with the next homeowner.

The yard is adorned with azellas and dogwoods that in bloom make the yard a wonderful attraction. Bring your green thumb and make this home shine once agian. There is walking trails throughout the property and the property contains fencing off by the lake. A workshop is located just off the main house that was used as a garden center.

Commuting and getting to places is very convient. Situated just two miles off of 485 this home is convient to major highways and shopping.

Looking for a large home with a view secluded away and close to everything? look no further....Seller is also offering a one year home warranty with the pruchase of this home.

Dave dicecco
Realtor/Broker
www.davedicecco.com