5 Hot Matthews, NC (28105 Zip Code) Neighborhoods To Watch In 2019
The story behind the hot neighborhoods in Matthews in 2018 is the relatively sharp increases in the average sale prices of homes. With one exception, these neighborhoods did not see very large increases in the number of homes sold in 2018 compared with 2017, but home prices did escalate. Matthews remains a reasonably affordable area for home buyers despite the 2018 price increases with three of these neighborhoods averaging sale prices under $300,000.
BRIGHTMOOR
Brightmoor remains a "hot" selling neighborhood in Matthews with 26 home sales in 2018 (up one versus 2017). As (28 comments)
Neighborhoods primarily in the 28227 zip code (considered east Charlotte, Matthews, and Mint Hill) are amongst the more affordable neighborhoods in the Charlotte metro area and have been growing in demand. If you're thinking about buying or selling a home in the 28227 zip code of the Charlotte metro area in 2018, here's a list of 10 neighborhoods to be watching in the months to come.
10 "Hot" Matthews-Mint Hill Neighborhoods In The Charlotte Metro Area To Watch In 2018
Farmwood (Mint Hill)
Number of homes sold in 2017: 37 Average year built: 1980 Average listing price: $281,473 Average selling price: $275,100 Median selling price: $274,400 Least expensive home sold: $190,000 Most expensive (24 comments)
August 2017 home sales in Matthews, North Carolina (28105 zip code) saw home sale prices substantially increasing, days on market decreasing, but closed sales and pending sales staying somewhat flat, more than likely due to lack of inventory.
The average sale price of Matthews homes increased by 11.8% to just over $285,000 as compared with the same period one year ago.
Average days on market for property listings dropped by 1 day to 32 days from 33 days just one year ago--an 3.0% improvement over the same period last year. Median days on market also dropped by 18.2% to 9 days in August 2017.
Average price per square foot increased by 8.2% to $119/square (8 comments)
April 2017 home sales in Matthews, North Carolina (28105 zip code) saw home sale prices increasing, days on market decreasing, but with closed and pending sales decreasing, more than likely due to lack of inventory.
The average sale price of Matthews homes increased by 2.3% to just under $265,000 as compared with the same period one year ago.
Average days on market for property listings dropped by 11 days to 31 days from 40 days just one year ago--a 22.5% improvement over the same period last year. Median days on market also dropped by 40.0% to 9 days in April 2017.
Average price per square foot increased by 5.6% to $114/square foot in (18 comments)