Brightmoor in Matthews NC--2010 Real Estate Market Update
Brightmoor in Matthews NC—2010 Real Estate Market Update
Click here for an update to the 2011 real estate market in Brightmoor.
Looking for a neighborhood with convenient access to historic downtown Matthews NC? Consider Brightmoor, a swim club neighborhood built in the 1980s and 1990s. Brightmoor is a neighborhood with affordable housing, mature landscaping and lots with big back yards. You can enjoy swimming and tennis at the community facilities, neighborhood social activities, or just taking a walk along the walking trails.
How did the 2010 real estate market in Brightmoor compare with the 2009 market in the neighborhood? The table below shows median values for several characteristics of the marketplace. The number of homes sold dropped from 15 in 2009 to 8 in 2010. Median prices also dropped significantly by 13.5%. Median days on market tripled while the list-to-sale ratio remained the same.
Brightmoor Real Estate Market Comparison
Single Family Homes
| Brightmoor Market Update | Median Closed Price | Median Home Square Footage | Median Days on Market | Median List to Sale Ratio |
| Year 2009 | $195,000 | 2283 | 46 | 97% |
| Year 2010 | $168,500 | 1999 | 131 | 97% |
Source: Carolina Multiple Listing Service
Brightmoor Types of Closed Sales
Most of Brightmoor’s sales in 2010 were market resales. Foreclosures accounted for two of the 2010 sales.
| Brightmoor Sales Types | Number of Closed Sales | Percentage of Closed Sales |
| Resale | 6 | 75% |
| New Construction | n/a | n/a |
| Foreclosure | 2 | 25% |
| Short Sale | n/a | n/a |
Source: Carolina Multiple Listing Service
Read more about Brightmoor, its community amenities, builders and public schools: Brightmoor in Matthews NC—Homes for Sale and Neighborhood Profile
Brightmoor Homes for Sale
Click here to find Brightmoor homes for sale.
Ever wonder what your Brightmoor home is worth?
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Copyright 2011. Carol Fox. Allen Tate Realtors. *Brightmoor in Matthews NC—2010 Real Estate Market Update*