Matthews Plantation in Matthews NC--2010 Real Estate Market Update
Matthews Plantation in Matthews NC—2010 Real Estate Market
Update
A short drive to historic downtown Matthews
NC and a location near two community shopping centers with grocery stores
and restaurants and the Siskey YMCA make Matthews Plantation a great place to
live. This full-brick neighborhood of two-story homes and ranches was built in
the 1990s. Matthews Plantation has large lots with mature landscaping and a
community pond, playground and tennis courts.
How did the 2010 real estate market in Matthews Plantation compare
with the 2009 market in the neighborhood? The table below shows median
values for several characteristics of the marketplace. Five homes sold in 2010
compared with 7 in 2009.
Matthews Plantation Real Estate Market Comparison
The median sales price in Matthews Plantation fell 6.2% in 2010 while the
median square footage of the homes remained the same. The drop in median prices
is due to that fact that two out of the five sales during the year were
foreclosures. Median days on market more than doubled in 2010 but the median
list to sale ratio increased to 97%.
Single Family Homes
Matthews Plantation
Single Family Market
Update |
Median Closed Price |
Median Home Square Footage |
Median Days on Market |
Median List to Sale Ratio |
| Year 2009 |
$272,000 |
2638 |
56 |
96% |
| Year 2010 |
$255,000 |
2651 |
112 |
97% |
Source: Carolina Multiple Listing Service
Matthews Plantation Types of Closed Sales
| Matthews Plantation Sales Types |
Number of Closed Sales |
Percentage of Closed Sales |
| Resale |
3 |
60% |
| New Construction |
n/a |
n/a |
| Foreclosure |
2 |
40% |
| Short Sale |
n/a |
n/a |
Source: Carolina Multiple Listing Service
Read more about Matthews Plantation, its community amenities,
builders and public schools: Matthews
Plantation in Matthews NC: Homes for Sale and Neighborhood
Profile
Matthews Plantation Homes for Sale
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here to see Matthews Plantation homes for sale.
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Copyright 2011. Carol Fox. Allen Tate Realtors. *Matthews
Plantation in Matthews NC—2010 Real Estate Market Update*