Matthews housing report/video for March 2019. Home prices in Matthews, NC continued to increase in March 2019 with average home sale prices up 14.5% compared with March 2018. Homes were selling faster with average and median days on market decreasing compared with one year ago. February’s increase in new listings no doubt contributed to an increase of 45.8% in pending sales. New listings and inventory were down in March 2019. Virtually no negotiating room for buyers on Matthews homes with sellers receiving 99.4% of asking price.
Matthews housing market update/video for February 2019. February home sales increased significantly in Matthews in February 2019 with double digit increases in both pending (+26.2%) and closed sales (+24.3%) compared with one year ago. A huge increase in new listings of 54.2% increasing inventory by 10.1% no doubt contributed to the increases in pending and closed sales. Despite the increase in new listings and inventory, the months supply of homes was still low in Matthews in February at 2.1 months, keeping the 28105 zip code a seller’s market.