Matthews (28105 Zip Code) Monthly Real Estate Report: February 2020

By
Real Estate Agent with Coldwell Banker Realty
https://activerain.com/droplet/5mBW

 

Matthews, NC (28105 Zip Code) Housing Market Update:
February 2020:

Latest news on the Matthews real estate market and what it means for you...

 

Matthews remained a seller’s market in February 2020 with the months supply of inventory remaining razor-thin at 1.4 months (down 44% year-over-year from 2.5 months). Inventory was down 34.2%, as were new listings, which were down 3.9% in February versus the same month one year ago.

 

Average sale prices of homes increased 5.5% year-over-year to $331,862, while median home sale prices increased 5.9% to $306,000 year-over-year. Price per square foot increased 10.8% year-over-year to $144/square foot (up $14/square foot).

 

Average days on market were 48, up 8 days from one year ago, while median days on market increased by 15 days to 28 days versus one year ago. 

 

Closed sales and pending sales increased. Closed sales increased 10.6% and pending sales increased 54.2% year-over-year.

 

With homes selling at 97.2% of asking price, buyers should expect minimal room to negotiate.

 

 

Want to know what this would mean for your family if you decide to buy or sell a Matthews home?

We can help.

Call us today at 704-779-0813 or contact us here.

There’s absolutely NO OBLIGATION. A consultation with Carolinas Realty Partners is FREE

 

 

 

MORE INFORMATION ON THE MATTHEWS HOUSING MARKET'S PERFORMANCE IN FEBRUARY 2020

  

 

 Matthews (28105 Zip Code) Housing Market Highlights:

February 2020 versus February 2019

 

 Matthews (28105 Zip Code) Housing Market Update February 2020




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 7 OF THE HOTTEST NEIGHBORHOODS IN MATTHEWS 

 

Hot Neighborhoods In Matthews, NC 

 

 

SEARCH ALL MATTHEWS, NC AREA HOMES FOR SALE

 

Search Matthews Homes For Sale

 

 

 

 

 FREE Home Buyer Guide: “Things To Consider When Buying A Home,”

 

 

 

WONDERING WHAT YOUR MATTHEWS, NC HOME IS WORTH?

 

What Is My Ballantyne Area Home Worth?

 

 

FREE Home Seller Guide: “Things To Consider When Selling Your House,”

 

 

THINKING OF SELLING YOUR HOME? CHECK OUT THE COLDWELL BANKER MARKETING ADVANTAGE 

 

 

 

Median Home Sale Price Trends For Matthews Homes


 

 

 

PREVIOUS MATTHEWS, NORTH CAROLINA HOUSING MARKET UPDATES

Matthews Housing Market Update: January 2020

Matthews Housing Market Update: December 2019

Matthews Housing Market Update: November 2019

Matthews Housing Market Update: October 2019

Matthews Housing Market Update: September 2019

Matthews Housing Market Update: August 2019 

Matthews Housing Market Update: July 2019

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   


 

 

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

 

 

First published at: https://greathomesincharlotte.com/housing-market-reports-updates/matthews-real-estate-report-february-2020/

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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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Market Reports
Buyer Information - What Buyers Need to Know in Today's Market
2020 Market Reports
Tags:
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Rainmaker
4,742,431
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

What a great perspective on the Matthews marketplace for February 2020.  I am sure that both sellers and buyers appreciate your thourough analysis.  A

Mar 16, 2020 12:04 PM #3
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Ron and Alexandra Seigel hi Alexandra... thank you... times are so uncertain right now it's hard to say what the next few weeks will bring.

Mar 16, 2020 12:13 PM #4
Rainmaker
2,682,974
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Matthews home buyers and sellers are likely to find your market report very valuable, Nina.

Mar 16, 2020 02:32 PM #5
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Myrl Jeffcoat hi Myrl... thanks for stopping by. Trust you've had a great start to your week today.

Mar 16, 2020 02:44 PM #6
Rainmaker
4,270,297
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, I like your description of the market - razor-thin!   That does explain it perfects.  Great report.

Mar 16, 2020 02:49 PM #7
Rainmaker
1,340,384
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander - Clients will appreciate your great reporting of the Matthews home market!

Mar 16, 2020 06:05 PM #10
Rainer
565,433
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update Nina, all the best to you as you get many of these properties listed and sold.

Sally

Mar 17, 2020 02:07 AM #11
Rainmaker
3,297,232
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

Raxor thin...Matthews really has low inventory. Good for sellers though, and even better if they make the call to Nina Hollander and get listed...and then SOLD!

Mar 17, 2020 04:16 AM #14
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Joan Cox hi Joan... if you come up with a better description than razor thin, I want to know what it is so I can appropriate it! :)

Mar 17, 2020 04:48 AM #15
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sheri Sperry - MCNE® thanks, Sheri... by the way, I changed that December to February three times... hopefully it will hold and that the third time is the charm!

Mar 17, 2020 04:49 AM #16
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila and Larry... I'm concerned that this coronavirus situation will have sellers pulling back till there's more resolution to infection levels.

Mar 17, 2020 04:49 AM #17
Rainmaker
5,687,204
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your outstanding local real estate reports.

Mar 17, 2020 05:12 AM #18
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Roy Kelley thanks, Roy... a few more to come this week for your "reading pleasure." :)

Mar 17, 2020 05:49 AM #19
Rainmaker
3,376,242
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Sally Crane good morning, Sally... thank you for the good wishes and for stopping by.

Mar 17, 2020 05:53 AM #20
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Rainmaker
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Nina Hollander

Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor
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