Welcome to Carolinas Real Estate Talk Sign in | Help

Carolinas Real Estate Talk

Presenting Information about Real Estate and Living in the Small Towns of the Carolinas

Tags

CarolinaSmallTownLiving!

Sardis Plantation in Matthews NC--2010 Real Estate Market Update

Sardis Plantation in Matthews NC—2010 Real Estate Market Update

Click here for an update to the 2011 real estate market in Sardis Plantation.

A full brick neighborhood on mature wooded lots just a short distance from historic downtown Matthews NC.  Add great schools and a convenient location just off Highway 51 near Sardis Road and you have the Sardis Plantation neighborhood.  Built from the late 1980s into the 1990s, Sardis Plantation offers large and small homes as well as transitional and traditional floorplans.

How did the 2010 real estate market in Sardis Plantation compare with the 2009 market in the neighborhood?  The table below shows median values for several characteristics of the marketplace.  Nine homes sold in the neighborhood in 2010 compared with four in 2009. 

Sardis Plantation Real Estate Market Comparison

Single Family Homes

Both the median closed price and the median home square footage in Sardis Plantation were dramatically lower in 2010 than in 2009.  When comparing how much the 2010 smaller homes sold for with the larger 2009 homes, it should be noted that the 2010 homes sold for more dollars per square foot than the 2009 homes.  This indicates a stable market in Sardis Plantation year over year.  Median days on market increased 21% while the median list to sale ratio dropped to 95%.

Sardis Plantation
Single Family Market Update
Median Closed PriceMedian Home Square FootageMedian Days on MarketMedian List to Sale Ratio
Year 2009$270,00027696096%
Year 2010$232,00021477695%

Source:  Carolina Multiple Listing Service

Sardis Plantation Types of Closed Sales

The 2010 market in Sardis Plantation was relatively healthy with nearly 90% of homes market resales.  There was only one foreclosure in the neighborhood in 2010.

Sardis Plantation Sales TypesNumber of Closed SalesPercentage of Closed Sales
Resale888.8%
New Constructionn/an/a
Foreclosure111.2%
Short Salen/an/a

Source:  Carolina Multiple Listing Service 

Read more about Sardis Plantation, its community amenities, builders and public schools: Sardis Plantation in Matthews NC:  Homes for Sale and Neighborhood Profile

Sardis Plantation Homes for Sale

Click here to see Sardis Plantation homes for sale.

Ever wonder what your Sardis Plantation home is worth?

Click here to receive a free market evaluation.

Copyright 2011.  Carol Fox.  Allen Tate Realtors.  *Sardis Plantation in Matthews NC—2010 Real Estate Market Update*

Posted: Saturday, June 4, 2011 4:22 PM by Carol Fox

Comments

New Comments to this post are disabled