Matthews NC Market Trends & Statistics

Charlotte Market Data Overall MARCH 2019

Overall data for the Charlotte real estate market from the Charlotte Monthly Indicators Report

NEW LISTINGS	CLOSED SALES	PENDING SALES	STRONGEST PROPERTY TYPE
5775	3842	5345	Single Family

AVERAGE LIST PRICE	AVERAGE SALES PRICE	% SELLING PRICE RECEIVED	AVG DAYS ON MARKET
$360,475	$289,652	96.9%	42

According to the Matthews Region Housing Supply overview, the number of homes for sale is still down across the entire U.S., which understandable also means there is a nationwide decline in sales. This is good news for Sellers because with low inventory there are less supply vs demand. In Matthews, over the last year from April 2018 to March 2019, Pending sales & Closed homes were down 6% & New Listings were down almost 4%. The Strongest property types were Single Family homes with 2 bedrooms with homes in the $300,000 range having the largest gain at just over 9% and a 91.2% of original list price received.

The average list price was up 6% and the average sales price was up just over 3% which makes it a good time to sell. The price range that tended to sell the quickest was the $150,001 to $200,000 range at 28 average days on market for Single Family Homes and 24 average days on market for Condos & Townhomes; the price range that tended to sell the slowest was the $300,001 and Above range at 79 days for Single Family homes and 71 days for Condos and Townhomes.

Recent Single Family Home Sales in Matthews NC

View the most recent single family homes sold in Matthews, NC in the 30 days.

$427,500 Closed

2100 Tanfield Drive Matthews, North Carolina

4 Beds 3 Baths 2,134 SqFt 0.330 Acres

$620,000 Closed

6041 Abergele Lane Matthews, North Carolina

5 Beds 4 Baths 3,383 SqFt 0.330 Acres

$1,000,510 Closed

10115 Pinecroft Creek Lane Matthews, North Carolina

6 Beds 6 Baths 5,246 SqFt 0.296 Acres

2 story home with basement that can be a 2nd Living Quarters. In-ground gunite pool.

$493,000 Closed

2017 Shannon Bridge Lane Matthews, North Carolina

5 Beds 4 Baths 3,331 SqFt 0.340 Acres

Charlotte March 2019 Market Overview MARCH 2019

Key metrics from the Monthly Indicators for the Charlotte Region

KEY METRICS	March 1, 2019	March 1, 2018	Change
New Listings	5,775	6,007	-0.039%
Pending Sales	5,345	4,697	+0.138%
Closed Sales	3,842	4,089	-0.06%
Days on Market Until Sale	51	50	+0.02%
Average List Price	$360,475	$340,035	+0.06%
Average Sales Price	$289,652	$280,350	+0.033%
Median Sales Price	$244,203	$235,000	+0.039%

Strongest Properties by TYPE in the Charlotte Region MARCH 2019

Which property types sold the quickest key metrics from the Charlotte Housing Supply Overview

KEY METRICS	March 1, 2019	Change
Price Range with the Strongest Sales	$300,000 and above	0.096
Bedroom Count with Strongest Sales	2 Bedrooms or Less	0.003
Property Types With Strongest Sales	Single Family	0.007

Strongest Home Sales in Matthews NC

View the most recent single family homes over $300,000 sold in Matthews, NC in the 30 days.

Matthews Region 1st Quarter Market Data

The Matthews Region Marketwatch report data includes information from the Matthews Region (Alexander, Anson, Cabarrus, Catawba, Cleveland, Gaston, Iredell, Lincoln, Mecklenburg, Rowan, Stanly and Union counties) and South Carolina Region (Chester, Chesterfield, Lancaster and York counties) for both single family & condos and townhomes combined. Figures are calculated using rounded figures and are refreshed regularly.

Matthews Real Estate Market Report

Recent Condo & Townhome Sales in Matthews NC

View the most recent condos & townhomes that have sold in Matthews, NC over the last 7 days.

No properties found

Days on Market Until Sale

Average number of days between when a property is first listed and when an offer is accepted from the Charlotte Region Housing Supply Overview

Days on Market Until Sale by Price Range APRIL 2019

BY PRICE RANGE	April 1, 2018	April 1, 2019	Change
$100,000 and Below	60	45	- 25.0%
$100,001 to $150,000	32	28	- 12.5%
$150,001 to $200,000	25	25	0.0%
$200,001 to $300,000	38	36	- 5.3%
$300,001 and Above	67	63	- 6.0%
ALL PRICE RANGES	46	43	- 6.5%

Days on Market Until Sale by Bedroom Count APRIL 2019

BY BEDROOM COUNT	APRIL 2018	APRIL 2019	CHANGE
2 Bedrooms or Less	42	35	- 16.7%
3 Bedrooms	37	35	- 5.4%
4 Bedrooms or More	58	55	- 5.2%
ALL BEDROOM COUNTS	46	43	- 6.5%

Days on Market Until Sale by Property Type APRIL 2019

BY PROPERTY TYPE	April 1, 2018	April 1, 2019	Change
Single Family	58	53	- 8.6%
Condos & Townhomes	37	38	+ 2.7%

New Homes for Sale in Matthews NC

View the newest homes for sale in Matthews, NC listed in the last 1 Day.

Bright, spacious, and updated home in amazing location! Recessed lighting and grey wood plank flooring throughout, perfect for making the space uniquely yours. Home opens into large living room with tons of natural light. Around the corner is an updated kitchen with granite counters and modern white cabinets perfect for storage. Additional family space open to Kitchen also serves as a large dining area. 3 spacious bedrooms. Primary bedroom with attached updated bath. Back den and laundry area perfect for even more space that opens into backyard. Large driveway and detached garage are perfect for guest parking. Less than 10 miles from Bank of America Stadium and just 4 miles from Bojangles Coliseum! Won't Last long!

$450,000 Active

4021 Sudbury Road Charlotte, North Carolina

3 Beds 2 Baths 1,480 SqFt 0.290 Acres

This 3 bedroom 2.5 bath home offers granite countertops & stainless steel appliances in kitchen. Office on main level, bonus room/retreat on 3rd level. Primary bedroom has large walk in closet. Nice loft area on 2nd level perfect for desk/play area. And the back yard has fire pit-yard is fully fenced in!

$495,000 Active

2034 Sugarbush Drive Charlotte, North Carolina

3 Beds 3 Baths 2,502 SqFt 0.190 Acres

Come see this spacious 4BR 2.5BA home with a one-car garage located on a cul de sac street. Fresh interior paint and new doors. The main level includes a family room, living room, dining room, kitchen, and pantry. The second level has four spacious bedrooms. The master suite features a huge walk-in closet and a newly done luxury private bath with dual vanities. The neighborhood has a playground and a short distance to restaurants and shops! Easy access to the interstate. Swing by and take a look!

$340,000 Active

2414 Cairns Mill Court Charlotte, North Carolina

4 Beds 3 Baths 2,243 SqFt 0.100 Acres

Beautiful and spacious condo in wonderful location. Property opens up with wood plank flooring into an open living and dining floor plan. Entire unit is filled with natural light from large sliding glass door in living area leading to a private porch. Dining room opens to bright white kitchen with tons of cabinets for storage. Large, fully carpeted bedroom with oversized window for a peaceful retreat. Bathroom with updated vanity and separate shower/bathroom space. Community comes with well lit walkways, open green space, and a pool!

$200,000 Active

5012 Sardis Road F Charlotte, North Carolina

1 Beds 1 Baths 748 SqFt

View ALL New Listings in Matthews, NC

Percent of Original List Price Received APRIL 2019

Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties sold, not accounting for seller concessions from the Charlotte Region Housing Supply Overview

BY PRICE RANGE	April 1, 2018	April 1, 2019	Change
$100,000 and Below	91.6%	91.1%	- 0.5%
$100,001 to $150,000	97.9%	97.3%	- 0.6%
$150,001 to $200,000	98.3%	97.8%	- 0.5%
$200,000 to $300,000	97.6%	97.4%	- 0.2%
$300,000 and Above	96.6%	96.5%	- 0.1%
ALL PRICE RANGES	97.0%	96.7%	- 0.3%
BY BEDROOM COUNT
2 Bedrooms or Less	95.8%	95.8%	0.0%
3 Bedrooms	97.5%	97.2%	- 0.3%
4 Bedrooms or More	96.7%	96.4%	- 0.3%
ALL BEDROOM COUNTS	97.0%	96.7%	- 0.3%
BY PROPERTY TYPE
Single Family	96.7%	96.5%	- 0.2%
Condos & Townhomes	98.2%	98.0%	- 0.2%