Matthews Plantation in Matthews NC—2010 Real Estate Market Update
Click here for an update to the 2011 real estate market in Matthews Plantation.
A short drive to historic downtown Matthews NC and a location near two community shopping centers with grocery stores and restaurants and the Siskey YMCA make Matthews Plantation a great place to live. 
This full-brick neighborhood of two-story homes and ranches was built in the 1990s. Matthews Plantation has large lots with mature landscaping and a community pond, playground and tennis courts.
How did the 2010 real estate market in Matthews Plantation compare with the 2009 market in the neighborhood? The table below shows median values for several characteristics of the marketplace. Five homes sold in 2010 compared with 7 in 2009.
Matthews Plantation Real Estate Market Comparison
The median sales price in Matthews Plantation fell 6.2% in 2010 while the median square footage of the homes remained the same. The drop in median prices is due to that fact that two out of the five sales during the year were foreclosures. Median days on market more than doubled in 2010 but the median list to sale ratio increased to 97%.
Single Family Homes
| Matthews Plantation Single Family Market Update |
Median Closed Price | Median Home Square Footage | Median Days on Market | Median List to Sale Ratio |
| Year 2009 | $272,000 | 2638 | 56 | 96% |
| Year 2010 | $255,000 | 2651 | 112 | 97% |
Source: Carolina Multiple Listing Service
Matthews Plantation Types of Closed Sales
| Matthews Plantation Sales Types | Number of Closed Sales | Percentage of Closed Sales |
| Resale | 3 | 60% |
| New Construction | n/a | n/a |
| Foreclosure | 2 | 40% |
| Short Sale | n/a | n/a |
Source: Carolina Multiple Listing Service
Read more about Matthews Plantation, its community amenities, builders and public schools: Matthews Plantation in Matthews NC: Homes for Sale and Neighborhood Profile
Matthews Plantation Homes for Sale
Click here to see Matthews Plantation homes for sale.
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Copyright 2011. Carol Fox. Allen Tate Realtors. *Matthews Plantation in Matthews NC—2010 Real Estate Market Update*
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