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This Month In Real Estate: Matthews, NC (28015 Zip Code) - Oct. 20187

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Real Estate Agent with Coldwell Banker Realty 179530

 

Matthews, NC Housing Market Update/Video: October 2018

October 2018 home sales in Matthews, North Carolina (28105 zip code) saw home sale prices continuing to increase and average days on market staying flat, although median days on market were down by 6 days. Market inventory remains tight and was down 2.1% in October compared with the same period last year. Closed sales were down substantially in October, primarily attributable to lower inventory despite an increase in new listings during the month also attributable to higher home prices and interest rates.

 

 

Posted by

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
Direct: 704-779-0813
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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

Comments (22)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Nov 13, 2018 05:52 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Gabe Sanders hi Gabe... thanks for taking time to stop by and check out the Matthews, NC housing market.

Nov 13, 2018 07:57 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Grant Schneider hi Grant... on some level there seems to be no end of people moving to the Charlotte metro area and I don't anticipate it slowing down anytime soon.

Nov 13, 2018 07:58 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Gita Bantwal thanks, Gita... as always, for stopping by. Wishing you a lovely Tuesday.

Nov 13, 2018 07:59 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, great market update for Matthews, and sure shows your expertise and knowledge of the market! 

Nov 13, 2018 08:02 AM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Good morning Nina Hollander, I'm seeing a lower number of closed sales in my area as well as an increase in home prices. Home buyers and sellers in Matthews, NC would be wise to contact you and be represented by one of the best Realtors.

Nov 13, 2018 08:36 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina hopefully you will see an increase in inventory as Seller begin to think about putting their home on the market after the holidays.

Nov 13, 2018 09:18 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox hi Joan... thanks! Matthews has been a hot area for a while now, but with home prices steadily increasing I forsee a bit of a cool-off.

Nov 13, 2018 10:33 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto hi George... I'm not terribly sanguine that we will see a significant increase in inventory after the holidays. Sellers are afraid to sell and not be able to find the next home that they can afford.

Nov 13, 2018 10:34 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Beth Atalay hi Beth... the lack of affordable inventory with increasing home prices keeps having a bigger affect on sales all over Charlotte.

Nov 13, 2018 10:39 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina,  Once again great information for us here in the rain and also for your buyers and sellers.

 

Nov 13, 2018 11:30 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Will Hamm thanks, Will... and thanks for stopping by and taking the time to leave a comment!

Nov 13, 2018 11:59 AM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA
Alexandria Virginia Homes For Sale

Nina, you are the local expert for Matthews NC. Inventory is low and that can make the market complicated. Buyers and sellers need to contact you to be successful with their real estate transaction. 

Nov 13, 2018 02:15 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Amanda S. Davidson Thanks, Amanda. I've sold in Matthews for a very long time and it's a lovely town.

Nov 13, 2018 03:02 PM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Hi Nina: The real estate market in Matthews is very much like our market in Sacramento. Although I think we fared better on appreciation. But we have 2+mo of inventory, twice as much as in January. Sales are relatively flat.

Nov 14, 2018 07:41 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Consumers will appreciate your Matthews NC Housing Market Nina. Looks like the area is going strong!

Nov 14, 2018 08:56 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents hi Elizabeth... for Matthews, these are now high prices compared with what people have expected there historically. Sellers are not complaining, but buyers sure are. 

Nov 14, 2018 12:51 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila and Larry... Matthews has always been in demand due to its affordability... but that is quickly fading.

Nov 14, 2018 12:52 PM
Roy Kelley
Retired - Gaithersburg, MD

Matthews home sellers will be in very good hands when they select you as their listing agent.

Nov 15, 2018 10:34 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Roy Kelley thanks, Roy. Hopefully buyers think they are in good hands with me, as well!

Nov 15, 2018 11:12 AM