What Happened In The Matthews, NC Housing Market In December 2017?

By
Real Estate Agent with RE/MAX Executive | Charlotte, NC

Matthews, NC Housing Market Update

 

December 2017 home sales in Matthews, North Carolina (28105 zip code) saw home sale prices substantially increasing, pending and closed sales also increasing.

 

The average sale price of Matthews homes increased by 10.6% to just over $290,000 as compared with  the same period one year ago. 

 

Average days on market for property listings were up by 2 days to 33 days. Median days on market  were flat at 9 days in December 2017. Holiday seasonality more than likely played some role here, but at 33 days on market, Matthews homes were selling    day more quickly than the Charlotte metro market as a whole.

 

Average price per square foot increased by 8.0% to $122/square foot in December 2017 versus the same period in 2016. Pending sales were up 6.9% in December versus the same month last year. Closed sales were up 5.7%

 

During December 2017, the number of showings until pending contract per listing averaged 21 showings (flat versus last year) while the number of showings per listing averaged 8.9.

 

The median percent of original list price that sellers received for their homes was up 0.1% compared with last year at 98.5%, showing little negotiating room for homes in Matthews, North Carolina.

 

New listings increased by 5.7% versus December 2016. Matthew area's months supply of homes increased 9.1% to 2.4 months, but still keeping Matthews very much a seller's market.

 

It continues to be a true seller's market in the 28105 zip code and a very competitive environment for home buyers in Matthews, North Carolina.  

 

Matthews Local Market Update - December 2017

 

 

 

 

 

 

 

 

 SEARCH ALL MATTHEWS, NC AREA HOMES FOR SALE

 

WONDERING WHAT YOUR MATTHEWS, NC HOME IS WORTH?

    

 

PREVIOUS MATTHEWS, NORTH CAROLINA HOUSING MARKET UPDATES

 

Matthews Housing Market Update: December 2016

Matthews Housing Market Update: January 2017

Matthews Housing Market Update: February 2017

Matthews Housing Market Update: March 2017

Matthews Housing Market Update: April 2017

 Matthews Housing Market Update: May 2017

Matthews Housing Market Update: June 2017

Matthews Housing Market Update: July 2017

Matthews Housing Market Update: August 2017

Matthews Housing Market Update: Sepetember 2017

Matthews Housing Market Update: October 2017

Matthews Housing Market Update: November 2017

 

 

This Charlotte, North Carolina real estate monthly update for Matthews, NC is brought to you courtesy of Nina Hollander and Carolinas Realty Partners, RE/MAX Executive, your Charlotte metro area real estate consultants and Matthews specialists. 

 

If you are considering selling or purchasing a home in Matthews or anywhere in the Charlotte metro area, I would love an opportunity to earn your business, exceed your expectations, and to prove to you that:

"The Right Broker Makes All The Difference."

 

 

 

Posted by

 

SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

Nina Hollander, Broker, Realtor / REMAX / Carolinas Realty Partners / Ph: 704.779.0813 / F: 704.341.3346 / E: Nina@NinaHollander.com / W: www.GreatHomesInCharlotte.com

Nina Hollander
Broker, Realtor, CRS, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with RE/MAX Executive Realty
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: http://activerain.com/blogs/ninahollander
Search for Charlotte Area Homes: www.HomesInCharlotteArea.com

2007 - 2016 Charlotte Magazine 5-Star Customer Satisfaction Award Winner

 

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Disclaimer:  Nothing in this blog article is to be construed as legal advice, tax advice, or financial advice.  For legal advice see an attorney.   For tax advice or financial advice see a tax attorney, certified public accountant, or other qualified professional.

 

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Rainmaker
1,995,242
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

Holy cow, Nina, the average price in Matthews jumped $40K over two years?? Those are great charts. They say a picture is worth a 1,000 words, and your graphs explain the market in Matthews well.

Jan 05, 2018 10:59 AM #1
Rainmaker
656,013
Nick & Trudy Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtors, Philly Main Line

Great report, inventory is still limited meaning buyers need agents with their fingers on the pulse and who understand the market, which your report clearly shows you do.

Jan 05, 2018 12:14 PM #2
Rainmaker
2,388,931
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents ~ Matthews was one of the few remaining spots in the immediate Charlotte metro area where homes were truly affordable... with average prices increasing I can see a day when it won't be so affordable any more.

Jan 05, 2018 01:43 PM #3
Rainmaker
2,388,931
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Nick & Trudy Vandekar, 610-203-4543 ~ thanks, Nick. In reality it's not all that hard to do, but so many agents seem to go out of their way not to deal with market statistics.

Jan 05, 2018 01:59 PM #4
Ambassador
2,705,680
Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Thank you for your in depth market report (as always) of the Matthew's housing market Nina Hollander 

Jan 05, 2018 10:32 PM #5
Rainmaker
3,996,254
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing.

Jan 06, 2018 03:17 AM #6
Rainmaker
2,388,931
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Paul S. Henderson, REALTOR®,CRS, ~ good morning, Paul... thanks for stopping by... wishing you a wonderful weekend.

Jan 06, 2018 03:54 AM #7
Rainmaker
2,388,931
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Gita Bantwal ~ good morning, Gita... thank you. Trust you are staying warm and safe this weekend.

Jan 06, 2018 03:55 AM #8
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Rainmaker
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