What Happened In Matthews (28015 Zip) Real Estate Market In July 2019?

By
Real Estate Agent with Coldwell Banker Residential Brokerage

 

Matthews, NC (28105 Zip Code) Housing Market Update:
July 2019

Matthews (28105 zip code) real estate report/snapshot for July 2019. Matthews remained a seller’s market in July 2019 with the months supply of inventory remaining low at 2.3 months. (A balanced market would have 4 to 6 months of inventory.)

Inventory was up slightly by 2.3%. However, new listings increased 13.2% in July, no doubt contributing to the increases we saw in closed and pending sales and reversing the trend of the prior month of June when both closed and pending sales were down year-over-year.

Average sale prices of homes increased (5.7%) year-over-year. Median sale prices also increased 4.3% compared with  July 2018.

Although, days on market increased in July 2019, homes are still selling quickly — in 23 days on average and with median days on market at 12 days. And average days on market were down month-over-month.

With homes selling at 98.1% of asking price, buyers have minimal to negotiate and still need to be prepared to make clean offers with a minimum of contingencies.

 

 

MORE INFORMATION ON THE MATTHEWS HOUSING MARKET'S PERFORMANCE IN JULY 2019

  

 

How The Matthews Housing Market Performed In

July 2019 versus July 2018

 

Matthews Housing Market Snapshot July 2019 


 

   

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

 

 Did you know Matthews, North Carolina was ranked as the #5 best Charlotte suburb to live in and #11 best suburb in North Carolina to live in? So why not...

 CHECK OUT 5 OF THE HOTTEST NEIGHBORHOODS IN MATTHEWS TO WATCH IN 2019

 

 

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: June 2019

Matthews Housing Market Update: May 2019

Matthews Housing Market Update: April 2019

Matthews Housing Market Update: March 2019

Matthews Housing Market Update: February 2019   

Matthews Housing Market Update: January 2019

  Matthews Housing Market Update: December 2018

  Matthews Housing Market Update: November 2018

 

 

This Charlotte, North Carolina real estate monthly update for Matthews, NC is provided by Nina Hollander and Carolinas Realty Partners, Coldwell Banker Residential Brokerage, your Charlotte metro area residential real estate experts and Matthews specialists, opening doors for Matthews home buyers and sellers for 20+ years.

 

 If you're considering selling or purchasing a home in Matthews or anywhere in the Charlotte metro area, I'd love an opportunity to earn your business, to exceed your expectations, and to show you how:

"The Right Broker Makes All The Difference."

 

 Great Homes In Charlotte

 

 

 

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SEARCH ALL CHARLOTTE METRO AREA HOMES HERE

 

 Nina Hollander, RE/MAX Broker, Realtor

 

 

 

 

 

 

Nina Hollander

Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Residential Brokerage
Direct: 704-779-0813
Website: www.GreatHomesInCharlotte.com
Blog: News You Can Use From Charlotte/Ballantyne/Waxhaw/Fort Mill
Search For All Charlotte Area Homes: www.GreatHomesInCharlotte.com 

2007 - 2019 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
3,236,383
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Nina. As our friend Sally Hanson often alludes, thinventory is an obstacle to more sales. Enjoy your day 

Aug 12, 2019 05:04 AM #1
Rainmaker
3,052,902
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Wayne Martin hi Wayne... new listings increased Matthews' closed and pending sales in July, but inventory remains very low.

Aug 12, 2019 05:11 AM #2
Rainmaker
5,342,882
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Monday morning, Nina.

Have a great day and an outstanding week.

Aug 12, 2019 05:26 AM #3
Rainmaker
3,052,902
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley good Monday morning to you, Roy... trust you are looking forward to a wonderful new week.

Aug 12, 2019 05:27 AM #4
Rainmaker
3,156,688
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

The average days on the market for Matthews Real Estate is outstanding Nina. This is a nice report to get the word out!

Aug 12, 2019 05:32 AM #5
Rainmaker
3,052,902
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 those "great" days on market, Sheila and Larry, are what are keeping so many sellers from listing... with the lack of inventory they are all scared they won't find the next home to buy as quickly as their home sells.

Aug 12, 2019 06:10 AM #6
Rainmaker
755,756
Norma J. Elkins
Elite Realty Group - Morristown, TN
Realtor - Elkins Home Selling Team

Looks like your market is still holding strong.  Hope that you have an awesome week!

Aug 12, 2019 06:48 AM #7
Rainmaker
2,512,758
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I know that people appreciate your market reports, they are so informative and this one for Matthews is a prime example.

Aug 12, 2019 07:16 AM #8
Rainer
182,695
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

Great information to have. Thanks for the blog post and have a great week.

 

Aug 12, 2019 07:16 AM #9
Rainmaker
3,052,902
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Norma J. Elkins hi Norma... we are still suffering from inventory in much of my market area. Wishing you a great week, as well.

Aug 12, 2019 07:24 AM #10
Rainmaker
3,052,902
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Brian England hi Brian... thanks for such a lovely comment. Always appreciate your taking time to pop by and leave me a positive comment. Happy Monday!

Aug 12, 2019 07:24 AM #11
Rainmaker
3,052,902
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Bob Betel hi Bob... nice to "see" you. Haven't seen you here in a while. Trust all is well at your end.

Aug 12, 2019 07:25 AM #12
Rainmaker
1,198,249
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander,

Every time I look at one of your market reports I am amazed at how strong they are. This Matthews report is no exception! Buyers need your skill to maneuver through these hot markets.

Aug 12, 2019 08:50 AM #13
Rainmaker
3,052,902
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sheri Sperry - MCNE® hi Sheri... I'm somewhat amazed myself each month as I research the numbers. And for now don't see anything coming down that pike that will significantly reverse the trends.

Aug 12, 2019 09:26 AM #14
Rainmaker
1,895,355
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Nina - Housing inventory up that is a good thing for more sales.

Aug 12, 2019 09:37 AM #15
Rainmaker
4,400,046
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

Another great comprehense report of Mathews.  It does look to me like there is an uptick i listings.  It may not be enough, but it is there...A

Aug 12, 2019 09:39 AM #16
Rainmaker
4,064,219
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, great market report, and nice to see such a high increase in median values.  We are not seeing that here now.

Aug 12, 2019 11:51 AM #17
Rainmaker
3,052,902
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Grant Schneider hi Grant... it seems those little flare-up in increased listings are always very short-lived.

Aug 12, 2019 02:17 PM #18
Rainmaker
3,052,902
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Ron and Alexandra Seigel hi Alexandra... we get those intermittent months when listings increase and sales go up. And then the next month they're down again. We'll see what happens in August.

Aug 12, 2019 02:19 PM #19
Rainmaker
3,052,902
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joan Cox hi Joan... with inventory tight overall, those home prices continue to edge up in many of our markets.

Aug 12, 2019 02:20 PM #20
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