Matthews, NC (28105 Zip Code) Housing Market Update:
Latest news on the Matthews real estate market and what it means for you...
Matthews (28105 zip code) real estate report/snapshot for November 2019. Matthews remained a seller’s market in November 2019 with the months supply of inventory remaining low at 1.8 months (down 25% year-over-year from 2.4 months). Inventory was down 15.8% despite an increase in new listings of 56.8% in November.
Average sale prices of homes increased 0.2% year-over-year to $295,361, while median home sale prices increased 2.8% to $280,500 year-over-year.
Average days on market were 27, down 13 days from one year ago in November 2019 versus November 2018, while median days on market dropped almost 50% by 7 days to just 8 days. Matthews homes continue to sell quickly.
Closed sales and pending sales increased. Closed sales by 15.4% and pending sales by 73.7% year-over-year.
With homes selling at 97.9% of asking price, buyers should expect minimal room to negotiate.
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Matthews (28105 Zip Code) Housing Market Highlights:
November 2019 versus November 2018
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...
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Median Home Sale Price Trends For Matthews Homes
PREVIOUS MATTHEWS, NORTH CAROLINA HOUSING MARKET UPDATES
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.
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