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About Matthews' Somersby

Somersby in Matthews NC--2010 Real Estate Market Update

Carol Fox,  Charlotte Neighborhoods, Union County NC Real Estate Broker: Real Estate Agent in Matthews, NC

Somersby in Matthews NC—2010 Real Estate Market Update

Somersby is a small neighborhood with highly regarded schools and a great Matthews location.Somersby in Matthews NC There are no neighborhood amenities and no homeowners association fees. Somersby homes were built in the 1980s and include both two-story colonial homes and ranches.

How did the 2010 real estate market in Somersby compare with the 2009 market in the neighborhood? The table below shows median values for several characteristics of the marketplace. Four homes sold in 2010 compared with 5 in 2009.

Somersby Real Estate Market Comparison

Half of the home sales in Somersby in 2010 were foreclosures resulting in a dramatic drop in the median closed price. The median list to sale ratio also dropped significantly to 81%.

Somersby
Single Family Market Update
Median Closed Price Median Home Square Footage Median Days on Market Median List to Sale Ratio
Year 2009 $230,000 1839 79 96%
Year 2010 $155,050 1608 95 81%

Source: Carolina Multiple Listing Service

Somersby Types of Closed Sales

Somersby Sales Types Number of Closed Sales Percentage of Closed Sales
Resale 2 50%
New Construction n/a n/a
Foreclosure 2 50%
Short Sale n/a n/a

Source: Carolina Multiple Listing Service

Somersby Homes for Sale

Click here to see Somersby homes for sale.

Ever wonder what your Somersby home is worth?

Click here to receive a free market evaluation.

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

Somersby in Matthews NC--Homes for Sale and Neighborhood Profile

Carol Fox,  Charlotte Neighborhoods, Union County NC Real Estate Broker: Real Estate Agent in Matthews, NC

Somersby in Matthews NC—Homes for Sale and Neighborhood Profile

Click here for an update to the 2010 real estate market in Somersby.

Looking for a small Matthews NC neighborhood that is off the beaten path? Consider Somersby. Somersby in Matthews NC Tucked among the trees off Elizabeth Lane, Somersby is a small neighborhood built in the 1980s. Colonial-styled two-stories and ranches range in size from approximately 1400 square feet to approximately 2400 square feet.

Highly-regarded Elizabeth Lane Elementary is within walking distance of Somersby. The neighborhood offers convenient access to SouthPark and uptown Charlotte via Alexander and Sardis Roads. Historic downtown Matthews with its library, farmers market and community festivals is a short drive away.

Somersby Community Features

Community Amenities: None

Builders: Crosland

Schools: Elizabeth Lane Elementary, South Charlotte Middle, Providence High. School assignments are subject to change. Check with the Charlotte-Mecklenburg Public Schools for current school assignments.

Somersby in Matthews NC

Somersby Real Estate Market Update

January to December 2009

Single Family Homes

Homes Sold: 5

Prices: $200,000 to $240,000 Average Sales Price: $227,300

Average Square Feet: 1939

Average Days on Market: 76

Source: Carolina Multiple Listing Service

Somersby Homes for Sale

Click here to see Somersby homes for sale.

Ever wonder what your Somersby home is worth?

Click here to receive a free market evaluation.

Copyright 2010. Carol Fox. Allen Tate Realtors. *Somersby in Matthews NC—Homes for Sale and Neighborhood Profile*