Matthews, NC (28105 Zip Code) Housing Market Update: January 2020 Latest news on the Matthews real estate market and what it means for you...
Matthews remained a seller’s market in January 2020 with the months supply of inventory remaining razor-thin at 1.5 months (down 34.8% year-over-year from 2.3 months). Inventory was down 25.4%, as were new listings, which were down 24.7% in January versus the same month one year ago.
Average sale prices of homes decreased 27.9% year-over-year to 265,927, while median home sale prices decreased 5.2% to $270,000 year-over-year. This decrease in home prices should not be attributed to a drop in home values (16 comments)
Matthews, NC (28105 Zip Code) Housing Market Update: December 2019Latest news on the Matthews real estate market and what it means for you...
Matthews (28105 zip code) real estate report/snapshot for December 2019. Matthews remained a seller’s market in November 2019 with the months supply of inventory remaining low at 1.6 months (down 23.8% year-over-year from 2.1 months). Inventory was down 14.2% despite an increase in new listings of 8.6% in December.
Average sale prices of homes increased 4.9% year-over-year to $331,851, while median home sale prices increased 10.7% to $289,000 year-over-year.
Average days on market were 43, down 2 days from one year ago in December 2018, while median (14 comments)
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 (20 comments)
Matthews, NC (28105 Zip Code) Housing Market Update: October 2019Latest news on the Matthews real estate market and what it means for you...
Matthews (28105 zip code) real estate report/snapshot for October 2019. Matthews remained a seller’s market in October 2019 with the months supply of inventory remaining low at 2 months (down 20% year-over-year). Inventory was down 17.4% despite an increase in new listings of 28.4% in October. Average sale prices of homes increased 5.7% year-over-year. Average days on market were flat at 38 days in October 2019 versus October 2018, while median days dropped by 4 days to just 12 days. Matthews homes continue to sell quickly. Closed (18 comments)
Matthews, NC (28105 Zip Code) Housing Market Update: September 2019Latest news on the Matthews real estate market and what it means for you...
Matthews (28105 zip code) real estate report/snapshot for September 2019. Matthews remained a seller’s market in September 2019 with the months supply of inventory remaining low at 2.1 months (down 16% year-over-year). Inventory was down 15% despite an increase in new listings of 18.6% in September. Average sale prices of homes decreased 4% year-over-year. Average days on market dropped by 9 days in September 2019 versus September 2018, while median days dropeed by 3 days. Matthews homes continue to sell quickly — in 38 days on average (20 comments)
Matthews, NC (28105 Zip Code) Housing Market Update: July 2019Matthews (28105 zip code) real estate report/snapshot for July 2019. Matthews remained a seller’s market in July 2019 with the months supply of inventory remaining low at 2.3 months. (A balanced market would have 4 to 6 months of inventory.) Inventory was up slightly by 2.3%. However, new listings increased 13.2% in July, no doubt contributing to the increases we saw in closed and pending sales and reversing the trend of the prior month of June when both closed and pending sales were down year-over-year. Average sale prices of homes increased (5.7%) year-over-year. Median sale (20 comments)