Matthews (28105 zip code) real estate report for February 2020. Matthews remained a seller’s market in February 2020 with the months supply of inventory razor thin at 1.4 months (down 44% year-over-year). Inventory was down 34.2%, as were new listings, which were down 3.9% in February. Both pending and closed sales increased significantly in February. Both average and median home sale prices also increased in the month of February.
Matthews Real Estate Report: 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.
Matthews Housing Market Highlights: February 2020 vs February 2019
Median Home Price Trends In Matthews
Find Your Matthews Dream Home
Did you know Matthews, North Carolina was ranked as the #5 best Charlotte suburb to live in and the #11 best suburb in North Carolina to live in? So why not…
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.
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.
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: