Matthews Real Estate Report: January 2020

Matthews (28105 zip code) real estate report for January 2020. Matthews remained a seller’s market in January 2020 with the months supply of inventory razor thin at 1.5 months (down 34.8% year-over-year). Inventory was down 25.4%, as were new listings, which were down 24.7% in January. Both pending and closed sales increased significantly in January. Days on market continued to decrease — down 15 days to 39 days year-over-year.

Matthews Real Estate Report: January 2020

Latest 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 $138/square foot.

Average days on market were 39, down 15 days from one year ago, while median days on market dropped by 5  days to just 15 days versus one year ago. Matthews homes continue to sell quickly.

Closed sales and pending sales increased. Closed sales increased 58.3% and pending sales increased 12.7% year-over-year.

With homes selling at 97.8% 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

 

                                          

Matthews Housing Market Highlights: January 2020 vs January 2019

Matthews NC Real Estate Update January 2020

Median Home Price Trends In Matthews

 

 

Find Your Matthews Dream Home

 

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Hot Matthews, NC Neighborhoods

 

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Find Your Dream Home at www.GreatHomesInCharlotte.com

 

And don’t miss out on the newest home listings in Matthews. Sign up to receive email notification of homes as soon as they come on the market. You can customize your search to your specific needs and always be the first to know what’s coming on the market in Matthews.

 


 FREE Winter 2020 Home Buyer Guide: “Things To Consider When Buying A Home”

 

What’s Your Matthews Home Worth?

Wondering what your Matthews home is worth in today’s market? Find out by clicking on the picture below.  

If you’re thinking about selling your Matthews home, let’s get together and discuss the supply conditions in your neighborhood and how we can assist you in gaining access to buyers who area ready, willing, and able to buy now.

 

 

Contact us if you’d like to receive our Neighborhood Analyzer Report on a monthly basis so you can keep track of home sales activity in your neighborhood.

We’re happy to provide this information with no obligation on your part.

FREE Winter 2020 Home Seller Guide: “Things To Consider When Selling Your House”

 

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


 


Previous Matthews Housing Market Updates

Whether You’re Buying Or Selling A Matthews Home…

… The Right Broker Makes All The Difference!

 

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

 

If you’re considering selling or purchasing a home 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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