Matthews (28105 Zip Code) Housing Report/Video:June 2019

Matthews Housing Market Snapshot June 2019

Matthews housing report/video for June 2019. Matthews remained a seller’s market in June 2019 with the months supply of inventory at 2.1 months. Inventory was flat, but new listings were down in almost 10% in June. Lack of new listings and tight inventory contributed to decreases in closed and pending sales. Average sale prices of homes increased significantly (9.7%) year-over-year, as well as month-over-month. Median prices also increased 7.4% versus June 2018 and by approximately $30,000 month-over-month. Although, days on market increased in June 2019, homes are still selling quickly — in under 30 days on average and with median days on market at 12 days. With homes selling at 98.5% of asking price, buyers have minimal to negotiate.