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Bella Sera Villas in Matthews NC--2011 Real Estate Market Update

Bella Sera Villas in Matthews NC—2011 Real Estate Market Update

Active adults searching for a maintenance-free lifestyle will enjoy Bella Sera Villas, a gated townhome community in Matthews NC. Brick and stone accent the exteriors of these units that feature one-level living. Bella Sera Villas in Matthews NC Some basement units are available in the complex. The quaint historic downtown of Matthews with its farmers market and community activities is nearby as is abundant shopping.

How did the 2011 real estate market in Bella Sera Villas compare with the 2009 and 2010 market in the neighborhood? The table below shows median values for several characteristics of the marketplace. Seven homes sold in the neighborhood in 2011 compared with none in 2010 and seven in 2009.

Bella Sera Villas Real Estate Market Comparison

More than half the sales in Bella Sera in 2011 were foreclosures. This downward pressure in pricing resulted in a median sales price of $168,500. There were no sales in the complex in 2010. The median sales price in 2009 was $262,000.

Bella Sera Villas Market Update Median Closed Price Median Home Square Footage Median Days on Market Median List to Sale Ratio
Year 2009 $262,000 1990 26 94%
Year 2010 no sales n/a n/a n/a
Year 2011 $168,500 1767 219 92%

Source: Carolina Multiple Listing Service

Bella Sera Villas Types of Closed Sales

Bella Sera Villas Sales Types Number of Closed Sales Percentage of Closed Sales
Resale 3 43%
New Construction n/a n/a
Foreclosure 4 57%
Short Sale n/a n/a

Source: Carolina Multiple Listing Service

Learn more: Bella Sera Villas in Matthews NC—Homes for Sale and Neighborhood Profile

Bella Sera Homes for Sale

Click here to see Bella Sera homes for sale.

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Copyright 2011. Carol Fox. Allen Tate Realtors. *Bella Sera Villas in Matthews NC—2011 Real Estate Market Update*

Posted Friday Nov 18