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Matthews, NC (28105 Zip Code) Housing Market Update/Video: May 2018
 
Matthews, North Carolina Housing Market Update/Video:
May 2018
 
May 2018 home sales in Matthews, North Carolina (28105 zip code) saw home sale prices substantially increasing, pending and closed sales also increasing. Market inventory remains tight and buyer demand continues to exceed supply.
 
 
 
 
The average sale price of Matthews homes increased by double digits for the fifth consecutive  month by 12.7% to just over $301,000 as compared with  the same period one year ago. The median price of homes also increased by 7.3% versus May 2017.
 
Average days on market for property listings were 34 days. Median days on market  were 9 days in May 2018. In other words, homes continue to sell quickly.
 
Average price per square foot increased by 9.6% to $126/square foot in May 2018 versus the same period in 2017. Pending sales were up 6.2% in May versus the same month last year. Closed sales were up 13.6%
 
During May 2018, the number of showings until pending contract per listing averaged 20 showings (down 4.8% versus May 2017), while the number of showings per listing averaged 9.5 (a 5.6% increase year-over-year).
 
The median percent of original list price that sellers received for their homes was 98.7%, showing little negotiating room for homes in Matthews, North Carolina.
 
New listings decreased 2.3% versus May 2017. Matthew area's months supply of homes decreased 12.5% to 2.1 months. Inventory of homes was down 8.3% year-over-year. ... more

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