Matthews, NC (28105 Zip Code) April 2023 Home Sales: What To Know Now

Real Estate Agent with Coldwell Banker Realty 179530

Latest news on the Matthews, NC (28105 zip code) real estate market in April 2023...

What it means for you...

What you need to know...  


Key April 2023 "take-aways" about the Matthews area of the Charlotte, North Carolina metro area included:

  • Median home sale prices increased year-over-year and month-over-month.

  • List to sale price ratio increased to over 100% in April 2023.

  • Average days on market were the highest Matthews has seen in three years.

  • Closed sales declined compared with one month ago and one year ago.

  • Housing inventory declined from March 2023 but is increased year-over-year.

  • New listings declined from March 2023 and April 2022.

 Matthews (28105 Zip Code) Housing Market Highlights:

Matthews NC (28105 zip code) real estate snapshot April 2023


Average sale price in April 2023 was $491,117, increasing 2.47% from $479,273 in March 2023. April's average sale price decreased 3.75% year-over-year from $510,226.


Median home sale price in April 2023 was $461,200, which was 4.11% higher than $443,000 in March 2023. Year-over-year, median home sale prices increased 2.04% from $452,000 in April 2022. The April 2023 median home sale price was at its highest level compared with April 2022 and April 2021.


Price per square foot in April 2023 was $209, down from $213/square foot in March 2023 and increasing 1.95% from $205/square foot in April 2022.



Average days on market in April 2023 were 60 days, up from 47 days in March 2023 and up 50 days from April 2022. This was the highest number of days on market we've seen in Matthews in three years.


Buyer foot traffic was lower compared with April one year ago, with the average number of showings per listing at 9.6 versus 14.9 showings in 2022.  Compared with the most recent month of March 2023, foot traffic decreased by 3.4 showings per listing. 



The number of properties for sale in April 2023 was 136, down 9.93% from 151 homes in March 2023. Inventory was 6.25% higher than the 128 properties for sale in April 2022. The April 2023 inventory was at its highest level compared with April 2022 (128 listings) and April 2021 (116 listings).



The number of new listings in April 2023 was 57, down  8.06% from the previous month's 62 listings.  New listings were 20.83% lower than what we saw in April 2022 (72 new listings) and in April 2021 (79 new listings). 



Sales declined in April 2023 to 37 from 49 in March 2023. Sales declined from 69 in April 2022 and 70 in April 2021. This was the lowest level of sales seen in the month of April in the past two years.



With a selling price at 100.55% of list price, April 2023 the ratio increased 1.75% from March 2023, but was down from 104.94% in April 2022.


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

Curious about the Charlotte area real estate market? Call Nina Hollander.

   We can help.

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

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 Did you know Matthews, North Carolina was ranked as the #11 best Charlotte suburb to live in and the #18 best suburb in North Carolina to live in? So why not...




Hot Matthews, NC (28105 Zip Code) Neighborhoods To Watch In 2022



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This Charlotte, North Carolina real estate monthly update for Matthews, NC is provided by Nina Hollander, Coldwell Banker Realty,  Greater Charlotte area residential real estate expert and Matthews specialist. I've been opening doors for Matthews home buyers and sellers for 24+ years.


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

"The Right Broker Makes All The Difference."



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 Nina Hollander, RE/MAX Broker, Realtor




Broker, Realtor, MBA, GRI, ABR, SRES, CDPE, SFR, SPS, CMRS
Carolinas Realty Partners with Coldwell Banker Realty
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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.


Comments (14)

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

List to sale price ratio...Wow Nina, sellers will appreciate that return if they work with you!

May 25, 2023 04:32 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila... just goes to show how much in demand homes remain even if they are taking longer to sell and even if price appreciation has moderated.

May 25, 2023 04:45 AM
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

The pricing in Matthews seems a lot more up my alley, although I still don't think I have the budget that would allow me to purchase there, haha.

May 25, 2023 05:43 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Brian England hi Brian... Matthews was always "known" for affordability, but that affordability has certainly shrunk since the pandemic.

May 25, 2023 05:47 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

This is very encouraging news - the market seems to be stabilizing.  I always love your market reports! 

May 25, 2023 06:47 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lise Howe thanks, Lise. I just find it impossible to categorize the market... it changes so much from month to month it's like a roller coaster ride.

May 25, 2023 06:59 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina and great information to pass on to us here in the Rain.  Make it a great day!

May 25, 2023 07:03 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Will. Thanks for stopping by. Wishing you a great weekend ahead.

May 25, 2023 07:04 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em:

Great information regarding Mathews. Thanks for sharing, enjoy your Memorial Day weekend. Bill

Salvatore Arizona Elite Properties.

May 25, 2023 07:05 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Bill Salvatore - East Valley hi Bill... thank you for popping by this morning. Wishing you a great Memorial Day Weekend.

May 25, 2023 07:07 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nina, seems like DOM have increased in Matthews, but sellers still seeing 100% to listing price, good job!

May 25, 2023 07:56 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Joan Cox good morning, Joan... homes might be taking longer to sell, but we are still very short on inventory and that is putting pressure on prices.

May 25, 2023 08:45 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude


As always a very thorough and insightful market report with information buyers, and sellers, need to know. Consumers will appreciate you putting it all in perspective so they understand what it means for their buying and selling decisions. Clearly it's a complex market that keeps shifting and not something that can be readily generalized.


May 25, 2023 09:38 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jeff Dowler, CRS hi Jeff... if I've learned anything in the past year, it's that numbers can change radically from one month to the next. One month does not a trend make.

May 25, 2023 01:00 PM