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.

No properties found

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.

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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.

New Construction Opportunity in the Heart of Plaza Midwood! An easy walk to all the local restaurants, shops, bars and breweries while tucked away in a private cul de sac location is the best of both worlds. Two of Charlotte's most renown and experienced home builders - Sixteen Penny Construction and Joyce Building Co - have joined forces to offer this superb new home with the perfect floor plan and finishes. Home will feature high ceilings (10' / 9'); hardwoods, natural stone tops, custom cabinetry and high end appliances. Floor plan offers all of the open spaces to gather and the indoors opens to the outdoors with the large rear covered deck and the huge wooded 0.35 acre lot! Side load garage on the lower level / walk out basement provides loads of storage and the option of 1,100 + sf of future finished space. Detailed easier to view PDFs of floor plan are in attachments of this listing.

$995,000 Active

1832 Sprague Avenue Charlotte, North Carolina

5 Beds 5 Baths 3,805 SqFt 0.350 Acres

Excellent opportunity to own a unique and immaculate home under 300k, just five minutes from South Park! No detail has been missed in this contractor owned townhome. Starting from the exterior with a new roof, gutter system, prefinished fiber cement siding, Trex composite decking and a pollen proof screen, to the inside boasting a major kitchen renovation, popcorn ceiling removal, refinished hardwoods, new carpet, windows/screens, remote control blackout blinds on the master skylights and more. Sit outside and enjoy the views of the four acre pond and walking trails, or go to the neighborhood pool and tennis courts. Low HOA's and tons of visitor parking.

$284,900 Active

6209 Padget Parrish Court Charlotte, North Carolina

2 Beds 3 Baths 1,880 SqFt

Updated 3BR/1.5BA home in sought after Chestnut Ridge neighborhood in great location! Home sits upon a large completely fenced-in lot with mature trees in full bloom and outbuilding for storage on property. Recently renovated areas in kitchen, master bathroom and the half bath downstairs. Stainless steel appliances! New full size washer/dryer downstairs with storage above units. Gas log fireplace in great room adjoins dining area off of kitchen. Step outside into the sunroom or outside into the lush backyard of this private and peaceful retreat. Great house for below $250k! Located only minutes to Uptown and Plaza Midwood/NoDa! Quiet cul-de-sac street with NO HOA fees.

$235,000 Active

7108 Markway Drive Charlotte, North Carolina

3 Beds 2 Baths 1,421 SqFt 0.240 Acres

Perfect opportunity in the rapid appreciation Clanton Park neighborhood. This home is ready for fresh love, well suited for a new owner to make their own, with a gorgeous template to use, many big ticket items handled, just focus on the cosmetics to make this home. Vinyl replacement windows, 30 year architectural shingle roof, updated mechanicals, extensive electric work, kitchen cabinets about 6 years old. Main floor lends itself nicely to a more extensive renovation if desired, with an easy HLA capture and conversion to a coveted 3bed 2 Bath home - please ask your broker for the floor plan! The super accessible Clanton Park is a stone's throw to the best of South End and Central Charlotte offerings: Golf, Breweries, Parks, Highways and Byways. Get in this neighborhood and enjoy the equity potential the future holds for you. To ensure a smooth process, please ask your Real Estate Professional for specific offer instructions and contract amendments prior to making an offer!

$159,900 Active

3432 Barringer Drive Charlotte, North Carolina

3 Beds 1 Baths 1,055 SqFt 0.160 Acres

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%