Matthews (28105 Zip Code) Real Estate Report: September 2019

Matthews Real Estate Snapshot September 2019

Matthews (28105 zip code) real estate report/snapshot for September 2019. Matthews remained a seller’s market in Septemnber 2019 with the months supply of inventory remaining low at 2.1 months. Inventory was down 15% despite an increase in new listings of 18.6% in September. This, no doubt, contributed to the 52.3% increase in pending sales. Average sale prices of homes decreased 4% year-over-year to just under $300,000. Average days on market dropped 9 days to 38 days in September 2019 versus September 2018. With homes selling at 98.1% of asking price, buyers have minimal room to negotiate.