Matthews, NC Real Estate News

By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Matthews (28105 zip code) real estate market in April and what it means for you...   As with many areas of the Charlotte Region, Matthews housing market continues to see critically low inventory with the months supply of inventory razor-thin at 0.5 months (down 75% year-over-year from 2 months year-over-year). Inventory of homes was down 71% year-over-year. New home listings increased 46.6% year-over-year. While this helped closed and pending sales, it did little to alleviate the inventory shortage in Matthews to satisfy buyer demand. Average sale prices of homes increased 23.3% year-over-year to $383,677. Median home sale prices increased 19.2% to $365,000 year-over-year. On a month-over-month basis, the median sale price of a home sold in Matthews increased by $53,0...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Matthews (28105 zip code) real estate market in March and what it means for you...   Matthews housing market continues to see extremely low inventory with the months supply of inventory razor-thin at 0.5 months (down 72.2% year-over-year from 1.8 months year-over-year). Inventory of homes was down 69.1% year-over-year. New home listings decreased 25.9% year-over-year. Matthews homes sold in under three weeks, on average. Average sale prices of homes increased 18.4% year-over-year to $387,863. Median home sale prices increased 11.8% to $312,000 year-over-year. On a month-over-month basis, the average sale price of a home sold in Matthews increased by $20,000. The median sale price increased almost $30,000.  Price per square foot increased 10.8% year-over-year to $164/s...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Easter Fun In Matthews: The Great Easter Eggspedition Now through Monday, April 5th, why not have some Easter fun with the Great Easter Eggspedition in the Town of Matthews! Head out to Matthews to hunt golden Easter eggs hidden throughout the town. Clues will be posted to the Matthews Facebook page on March 27th and April 3rd. Prizes will awarded to those who find a golden egg. Find a golden egg and bring it to the Community Center to redeem for an Eggspedition Grand Prize!     What Makes Matthews, North Carolina A Special Place To Call Home? The Great Easter Eggspedition in Matthews is just one of many events and things making the Town of Matthews a special place to call home. Matthews, North Carolina has been named "the best town in North Carolina," "one of the 10 best cities in Nor...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Matthews (28105 zip code) real estate market in February and what it means for you...   Matthews housing market continued to see extremely low inventory with the months supply of inventory razor-thin at 0.6 months (down 64.7% year-over-year from 1.7 months year-over-year). Inventory of homes was down 61.2% year-over-year. New listings decreased 9.2% year-over-year and homes sold in under one month, on average. Average sale prices of homes increased 10.7% year-over-year to $367,521, while median home sale prices increased 2.0% to $312,000 year-over-year.  Price per square foot increased 9.7% year-over-year to $158/square foot (up $14/square foot). Average days on market were 25, down 23 days from the same time period one year ago.  Median days on market decreased 25 d...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 8 Hot Matthews, NC (28105 Zip Code) Neighborhoods To Watch In 2021 Matthews homes sold in 2020 at an average sale price of $360,557 compared with $340,783 in 2019. Due to decreasing inventory in Matthews in 2020 homes sold more quickly... on average in 24 days compared with 33 days the prior year. And despite considerably less inventory in 2020, 714 homes sold in 2020 compared with 666 homes in 2019. Eight neighborhoods topped the Matthews "sales charts" in 2020 with at least 15 sales or more.    BRIGHTMOOR Brightmoor remains a "hot" selling neighborhood in Matthews with 29 home sales in 2020  at an average home sale price of $318,769. Sellers received 99.4% of listinG price in final sale price. Days on market averaged 23 days.   SEARCH BRIGHTMOOR HOMES FOR SALE IN MATTHEWS    CALLAWAY...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Latest news on Matthews' (28105 zip code) real estate market in January and what it means for you...    Matthews housing market continues to see extremely low inventory with the months supply of inventory razor-thin at 0.6 months (down 64.7% year-over-year from 1.7 months year-over-year). Inventory of homes was down 64.3% year-over-year. New listings decreased 15.3% year-over-year and homes sold in under one month, on average.    Average sale prices of homes increased 30.6% year-over-year to $352,672, while median home sale prices increased 26.3% to $341,713 year-over-year.  Price per square foot increased 9.4% year-over-year to $151/square foot (up $13/square foot).  Average days on market were 29, down 10 days from the same time period one year ago.  Median days on market decreased ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Latest news on the Matthews (28105 zip code) real estate market in September and what it means for you...   Matthews homes sales continued to rebound in September 2020, as evidenced by the 34.3% increase in pending sales compared with June 2019.  Matthews housing market continues to see low inventory with the months supply of inventory razor-thin at 0.9 months (down 59.1% year-over-year from 2.2 months). Inventory of homes was down 51.1% year-over-year.  Although new listings increased 21.6% year-over-year, homes sold quickly and lack of inventory was in no way alleviated.  Average sale prices of homes decreased 21.1% year-over-year to $366,172, while median home sale prices increased 14.1% to $325,000 year-over-year.   Price per square foot increased 10.2% year-over-year to $151/squa...
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By The Vining Group at eXp Realty, Relationships First. Real Estate Second.
(The Vining Group)
Welcome to Prestwick in Matthews, NC - one of the Charlotte areas most desirable neighborhoods. This beautifully maintained two-story home has a spacious floor plan, fantastic kitchen with stainless steel appliances and granite, 9ft first floor ceilings, hardwood flooring and carpet, oversized walk-in pantry and private back yard. Upstairs bedrooms, as well, are spacious with secondary rooms separate from master suite. Convenient location in Union County. Hurry - this home is not going to last. Site unseen offers received.
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:May 2020: Latest news on how Corona Virus restrictions impacted Matthews' real estate market in May and what it means for you...  Matthews homes sales were significantly impacted in May 2020 by corona virus restrictions, which prohibited all in-person home showings in Matthews from late March to mid-May. As a result closed sales, new listings, inventory, months supply of homes, all dropped compared with May 2019. Given the lack of inventory, no surprise that average and median home sale prices increased.  Matthews housing market continued to experience impact from corona virus restrictions in May and April with the months supply of inventory razor-thin at 1.3 months (down 50% year-over-year from 2.6 months). Inventory of homes was dow...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:April 2020: Latest news on how Corona Virus restrictions impacted Matthews' real estate market in April and what it means for you...  Matthews homes sales were significantly impacted in April 2020 by the Mecklenburg County corona virus restrictions, which prohibited ALL in-person home showings in Matthews for about five weeks. As a result, closed and pending sales, new listings, inventory, months supply of homes, days on market all dropped compared with April 2019. Given the lack of inventory, no surprise that median home sale prices increased almost 11% and the median sale to listing price ratio was 100%. Matthews housing market saw a definite impact from corona virus restrictions in April with the months supply of inventory razor-th...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:March 2020:Latest news on the Matthews real estate market and what it means for you...  Matthews remained a seller’s market in March 2020 with the months supply of inventory remaining razor-thin at 1.5 months (down 34.6% year-over-year from 2.3 months). Inventory was down 29.5%.  New listings also decreased 5.9% versus the same month one year ago. Average sale prices of homes decreased 5.1% year-over-year to $328,363, while median home sale prices increased 4.6% to $305,000 year-over-year. The decrease in average sale prices is less indicative of lower home values in Matthews than of the price mix of home sold in March. Price per square foot increased 8.8% year-over-year to $148/square foot (up $12/square foot). Average days on market...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 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 o...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:January 2020Latest news on the Matthews real estate market and what it means for you...  Matthews remained a seller’s market in January 2020 with the months supply of inventory remaining razor-thin at 1.5 months (down 34.8% year-over-year from 2.3 months). Inventory was down 25.4%, as were new listings, which were down 24.7% in January versus the same month one year ago.Average sale prices of homes decreased 27.9% year-over-year to 265,927, while median home sale prices decreased 5.2% to $270,000 year-over-year. This decrease in home prices should not be attributed to a drop in home values in Matthews. Rather, it's more reflective of the price points of homes that sold in January. Price per square foot increased 7% year-over-year to $...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 7 Hot Selling Matthews, NC (28105 Zip Code) Neighborhoods To Watch In 2020 Matthews homes remained in great demand in 2019... much of this demand stems from the fact that Matthews offers numerous communities with affordably priced homes under $300,000. Of the 7 hottest selling neighborhoods, 5 had average sale prices under $300,000.  During 2019, Matthews homes sold quickly...the average cumulative days on market for the 5 neighborhoods whose average sale price was under $300,000 ranged from 5 days to 29 days. Average sale price to list price was also high -- 4 of the hot neighborhoods sold at 99+% of asking price, while the other 3 sold at 98+% of asking price. In other words, if you wanted to buy a home in one of Matthew's hot neighborhoods in 2019 you had little room to negotiate an...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:November 2019Latest 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 con...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:October 2019Latest news on the Matthews real estate market and what it means for you...  Matthews (28105 zip code) real estate report/snapshot for October 2019. Matthews remained a seller’s market in October 2019 with the months supply of inventory remaining low at 2 months (down 20% year-over-year). Inventory was down 17.4% despite an increase in new listings of 28.4% in October.Average sale prices of homes increased 5.7% year-over-year. Average days on market were flat at 38 days in October 2019 versus October 2018, while median days dropped by 4 days to just 12 days. Matthews homes continue to sell quickly.Closed sales and pending sales increased. Closed sales by 52.3% and pending sales by 27.6% year-over-year.With homes selling at...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Pawsitively Matthews Dog Festival 2019 The Town of Matthews, North Carolina hosts its 6th Annual Pawsitively Matthews event to celebrate "all things dog" Saturday, November 2nd! This highly anticipated event is all about dogs and is fun for dogs and their owners. Pawsitively Matthews will take place at Matthews' Stumptown Park at 120 S Trade Street from 10:00 am till 4:00 pm.   Pawsitively Matthews is a free event featuring more than 50 pet-friendly vendors, rescue groups with adoptable dogs, and demonstrations by the Matthews Police Department K-9 Unit of pet CPR and first aid. Fun events will feature a dare devil dogs frisbee show, a finest fido contest, adoptable dogs parade. ADOPT DON'T SHOP!  Libations at the Beer And Wine Pawvillion, food trucks, and music performances will round...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:September 2019Latest news on the Matthews real estate market and what it means for you...  Matthews (28105 zip code) real estate report/snapshot for September 2019. Matthews remained a seller’s market in September 2019 with the months supply of inventory remaining low at 2.1 months (down 16% year-over-year). Inventory was down 15% despite an increase in new listings of 18.6% in September.Average sale prices of homes decreased 4% year-over-year. Average days on market dropped by 9 days in September 2019 versus September 2018, while median days dropeed by 3 days. Matthews homes continue to sell quickly — in 38 days on average and with median days on market at 17 days. With homes selling at 98.1% of asking price, buyers have minimal room...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:August 2019Latest news on the Matthews real estate market and what it means for you...  Matthews (28105 zip code) real estate report/snapshot for August 2019. Matthews remained a seller’s market in August 2019 with the months supply of inventory remaining low at 2.2 months. Inventory was down 13.2% despite an increase in new listings of 12.5% in August, no doubt contributing to increases in closed and pending sales. Average sale prices of homes increased 3.2% year-over-year. Days on market remained flat in August 2019 versus August 2018. Matthews homes continue to sell quickly — in 34 days on average and with median days on market at 9 days. With homes selling at 97.9% of asking price, buyers have minimal room to negotiate. Want to kn...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Deerfield Creek Market Report AUGUST 2019This lovely South Charlotte community offers a variety of home styles, convenient location & lifestyle and excellent schools. If you’re in search of a Charlotte area luxury neighborhood, look no farther than Deerfield Creek.   Although Deerfield Creek has a Matthews address, it is located in southern Mecklenburg County. Deerfield  Creek is a gorgeous community that boasts fabulous neighborhood amenities including pool, playground, tennis courts, an open air cabana, basketball court and more.  You’ll also enjoy wonderful neighbors in this popular South Charlotte neighborhood. Top-ranked school assignments include Providence High School.Now, how’s the Deerfield Creek residential real estate market doing?  Here are the final numbers for sales report...
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