What Happened In the Matthews, NC Housing Market In January 2018?

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

Matthews, NC Housing Market Update

 

January 2018 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 11.0% to just under $294,000 as compared with  the same period one year ago. 

 

Average days on market for property listings were  33 days. Median days on market  were 9 days in January 2018 down 10% year-over-year. No doubt that Matthews homes are selling quickly and more quickly, on average, about 2 days more quickly than homes in Mecklenburg County where Matthews is located.

 

Average price per square foot increased by 7.9% to $123/square foot in January 2018 versus the same period in 2017. Pending sales were up 9.9% in January versus the same month last year. Closed sales were up 6.8%

 

During January 2018, the number of showings until pending contract per listing averaged 21 showings (flat versus last year) while the number of showings per listing averaged 9 (a 6.3% reduction year-over-year).

 

The median percent of original list price that sellers received for their homes was 98.4%, showing little negotiating room for homes in Matthews, North Carolina.

 

New listings increased by 8.6% versus January 2017. Matthew area's months supply of homes increased by one tenth of one percent to 2.3 months. It appears new listings are helping sales increase in Matthews (unlike in other parts of the Charlotte metro area where lack of inventory is putting negative pressure on sales), but not yet enough to impact increases in sale prices. Matthews very much remains 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.  With inventory so tight, you might want to check out 10 of the hottest selling Matthews and Mint Hill neighborhoods.

 

 

Matthews Housing Market Update - January 2018

 

 

 

 

 

 

 

 

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: 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

Matthews Housing Market Update: December 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."

 

Originally posted at: https://www.greathomesincharlotte.com   https://www.greathomesincharlotte.com/matthews-nc-housing-market-update-video-january-2018 

 

 

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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
3,487,043
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, nice market update for Matthews, and sure is a tight market!   

Feb 06, 2018 11:54 AM #1
Rainmaker
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Abby Stiller
Premier Realty Homes of SWFL - Cape Coral, FL
Real Estate Agent Serving Southwest Florida

Thanks for sharing a very detailed market update Nina Hollander 

Feb 06, 2018 12:30 PM #2
Rainmaker
2,352,731
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joan Cox ~ hi Joan... it is a tight market, but fortunately there is some influx of new listings which is keeping sales up.

Feb 06, 2018 12:42 PM #3
Rainmaker
2,352,731
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Abby Stiller ~ hi Abby... thanks for popping by and taking time to comment. Trust you are having a good day.

Feb 06, 2018 12:42 PM #4
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Rainmaker
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