Average Sale Price Up 35.19% Year-Over-Year Median Sale Price Up 35.85% Year-Over-Year Closed Sales Up 100% Year-Over-Year New Listings Down 50+% Year-Over-Year & Month-Over-Month
Key November 2023 "take-aways" about the Matthews housing market in the Charlotte, North Carolina metro area included: Average home sale price improved both month-over-month (+5%) and year-over-year (+35.19%). Median home sale price improved month-over-month (+19.43%) and year-over-year +35.85%). List to sale price ratio just under 100%, limiting buyers' ability to negotiate on price. Average days on market remained relatively low at 33 … (20 comments)
Key October 2023 "take-aways" about the Matthews housing market in the Charlotte, North Carolina metro area included: Average home sale price declined from September, but increased 8.93% over October 2022. Median home sale price decreased month-over-month and year-over-year. List to sale price ratio over 100% and increased month-over-month and year-over-year. Average days on market remained low at 19 days, despite increasing month-over-month and year-over-year. Closed sales declined month-over-month and year-over-year. Housing inventory down month-over-month and year-over-year. With just 3.81 months supply of inventory, … (12 comments)
Key August 2023 "take-aways" about the Matthews area of the Charlotte, North Carolina metro area included: Average home sale price was at its highest level since September 2022. Median home sale prices increased month-over-month and increased year-over-year. List to sale price ratio over 101%. Average days on market increased to 39 days from 32 in July. Closed sales declined month-over-month and year-over-year. Housing inventory up slightly month-over-month, but down year-over-year. With just 3.36 months supply of inventory, Matthews was a seller's … (12 comments)
Key July 2023 "take-aways" about the Matthews area of the Charlotte, North Carolina metro area included: Average home sale prices were flat month-over-month and up year-over-year. Median home sale prices declined month-over-month and increased year-over-year. List to sale price ratio still over 100%. Average days on market declined 35+% from June to 33 days on market, Closed sales declined month-over-month and year-over-year. Housing inventory flat month-over-month, but down year-over-year. With just 2.85 months supply of inventory, Matthews was a seller's market … (12 comments)
Key June 2023 "take-aways" about the Matthews area of the Charlotte, North Carolina metro area included: Average home sale prices decreased slightly by 1.62% from May 2023; increased 10.66% from June 2022. Median home sale prices increased 9.88% from May 2023; 28.4% from June 2022. List to sale price ratio increased to 101.6% in June. Average days on market increased both month-over-month and year-over-year. Closed sales declined month-over-month and year-over-year. Housing inventory increased 3.85% month-over-month, but declined … (22 comments)
Key May 2023 "take-aways" about the Matthews area of the Charlotte, North Carolina metro area included: Median home sale prices increased 15.03% from April 2023; 19.48% from May 2022. Average home sale prices increased 16.43% from April 2023; 20.42% from May 2022. List to sale price ratio increased to just under 101% in May. Average days on market declined 70% from April 2023 to just 18 days. Closed sales increased compared with one month ago, but … (22 comments)
Key April 2023 "take-aways" about the Matthews area of the Charlotte, North Carolina metro area included: Median home sale prices increased year-over-year and month-over-month. List to sale price ratio increased to over 100% in April 2023. Average days on market were the highest Matthews has seen in three years. Closed sales declined compared with one month ago and one year ago. Housing inventory declined from March 2023 but is increased year-over-year. New listings declined from March … (14 comments)
Key March 2023 "take-aways" about the Matthews area of the Charlotte, North Carolina metro area included: Median home sale prices increased year-over-year, but declined month-over-month. List to sale price ratio remained steady at almost 99% compared with February 2023, but was down year-over-year. Average days on market were the highest Matthews has seen in three years. Closed sales increased month-over-month, decreased slightly by three homes year-over-year. Housing inventory increased both month-over-month and year-over-year. New listings almost … (24 comments)
Key February 2023 "take-aways" about the Matthews area of the Charlotte, North Carolina metro area included: Average and median home sale prices increased month-over-month and year-over-year in February. List to sale price ratio was high at almost 99%, but decreased year-over-year. Average days on market were the highest Matthews has seen in three years. Closed sales increased month-over-month, but decreased year-over-year. Housing inventory was down month-over-month, but up year-over-year. Except for December 2022, February's new listings … (12 comments)
Key January 2023 "take-aways" about the Matthews area of the Charlotte, North Carolina metro area included: Average and median home sale prices decreased month-over-month. Year-over-year median home sale prices increased, while average home sale prices decreased. List to sale price ratio held its own month-over-month, but decreased year-over-year. Average days on market increased 10 days from December 2022 and 22 days compared with January 2022. Days on market were the highest Matthews has seen since February 2020. … (26 comments)
Matthews housing market saw a decline in closed and pending sales in December 2022, signaling a softening in the market. Listing inventory increased by over 50%, but new listings coming on the market dropped year-over-year and the months supply of inventory remained low at 1.6 months. Days on market were increased year-over-year an month-over-month. Home prices increased in December 2022, year-over-year and month-over-month.
Matthews (28105 Zip Code) Housing Market Highlights: December 2022 versus December 2021
Matthews housing market saw a significant decline in closed and pending sales, as well as a decrease in home prices in November 2022, signaling a softening in the market. Listing inventory increased, new listings coming on the market dropped year-over-year, the months supply of inventory remained low under two months. Days on market were flat year-over-year and down month-over-month.
Matthews (28105 Zip Code) Housing Market Highlights: November 2022 versus November 2021
HOME PRICES DOWN IN MATTHEWS YEAR-OVER-YEAR & MONTH-OVER-MONTH Average sale prices … (30 comments)
Matthews housing market continued to see low months supply of inventory at 1.6 months, keeping it a seller's market in October. Listing inventory did increase, but new listings coming on the market dropped year-over-year.
Days on market increased considerably both year-over-year and month-over-month providing credence to a slowing market. Home prices also increased in October 2022, year-over-year and month-over-month
Matthews (28105 Zip Code) Housing Market Highlights: October 2022 versus October 2021
HOME SALE PRICES INCREASED IN MATTHEWS YEAR-OVER-YEAR & … (8 comments)
Matthews housing market continued to see low months supply of inventory at 1.3 months, keeping it a seller's market in September. Listing inventory did increase, but new listings coming on the market dropped year-over-year. Days on market were slightly lower year-over-year, but slightly higher month-over-month. With sale prices increasing and a median list to sale ratio of 100%, it would appear that Matthews home sellers remained in the driver's seat in September.
While we've heard considerable talk about housing markets showing signs of slowing down and inventory gradually increasing to benefit home buyers, we saw no significant slowdown in Charlotte's Matthews area in July 2022 where home prices continued to increase setting new records and inventory remained tight with fewer new listings in July. Home sellers continued to received over asking price in final sale price, despite fewer closed and pending sales. And while average days on market … (36 comments)
While we've heard considerable talk about housing markets showing signs of slowing down and inventory gradually increasing to benefit home buyers, we saw NO SIGNIFICANT SLOWDOWN in Charlotte's Matthews area in May 2022 where home prices continued to increase and inventory continued to decrease. Home sellers continued to received a substantial amount over asking price in final sale price.
Matthews housing market continued to see low inventory with the months supply of inventory under one month at 0.7 … (22 comments)
Matthews housing market continued to see low inventory with the months supply of inventory just under one-half month at 0.4 months (down 50% year-over-year from 0.8 months in March 2021 and down from 1.8 months in March 2020). However you "slice it," Matthews has now been a home seller's market for more than three years. Inventory of homes was down 46.3% year-over-year, further exacerbated by no increase in new listings.
Matthews (28105 Zip Code) Housing Market Highlights: March 2022 versus March 2021
Matthews housing market continued to see record low inventory at the start of the new year with the months supply of inventory just under one-half month at 0.4 months (down 55.6% year-over-year from 0.9 months in February 2021 and down from 1.7 months in February 2020). That's less than a two week supply of homes for sale. However you "slice it," Matthews has been a home seller's market for at least three years now. Inventory of homes was down 52.4% year-over-year, … (38 comments)
Matthews (28105 Zip Code) Housing Market Highlights: January 2022 versus January 2021
Matthews housing market continued to see extremely low housing inventory at the start of the new year with the months supply of inventory just under one-half month at 0.4 months (down 50% year-over-year from 0.8 months in January 2021 and down from 1.7 months in January 2020). The months supply of inventory also dropped month-over-month.
However you "slice it," Matthews has been a home seller's market for at least three years … (26 comments)
Matthews housing market continues to see low inventory with the months supply of inventory under one month at 0.7 months (down 30% year-over-year from 1.0 month of inventory in November 2020 and down from 2.1 months in November 2019). The months supply of inventory also dropped month-over-month. However you "slice it," Matthews has been a home seller's market for at least three years now. Inventory of homes was down 38.7% year-over-year, despite an increase in new listings of homes of 42.3% year-over-year.
Latest news on the Matthews, NC (28105 zip code) real estate market in November 2023... 
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