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Matthews (28105 Zip Code) Monthly Real Estate Report: November 2019
Matthews, NC (28105 Zip Code) Housing Market Update:
November 2019Latest news on the Matthews real estate market and what it means for you...
Matthews (28105 zip code) real estate report/snapshot for November 2019. Matthews remained a seller’s market in November 2019 with the months supply of inventory remaining low at 1.8 months (down 25% year-over-year from 2.4 months). Inventory was down 15.8% despite an increase in new listings of 56.8% in November.
Average sale prices of homes increased 0.2% year-over-year to $295,361, while median home sale prices increased 2.8% to $280,500 year-over-year.
Average days on market were 27, down 13 days from one year ago in November 2019 versus November 2018, while median days on market dropped almost 50% by 7 days to just 8 days. Matthews homes continue to sell quickly.
Closed sales and pending sales increased. Closed sales by 15.4% and pending sales by 73.7% year-over-year.
With homes selling at 97.9% of asking price, buyers should expect minimal room to negotiate.
Want to know what this would mean for your family if you decide to buy or sell a Matthews home?
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MORE INFORMATION ON THE MATTHEWS HOUSING MARKET'S PERFORMANCE IN NOVEMBER 2019
Matthews (28105 Zip Code) Housing Market Highlights:
November 2019 versus ... more
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