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.
Video Update Matthews Housing Market: March 2019
Matthews, NC Remained A Seller’s Market in March 2019
Average sale price of Matthews area homes increased 14.5% to $346,549 in March 2019 compared with the same period one year ago.
Median sale price for Matthews area homes in March 2019 increased 8.5% versus one year ago to $293,000.
Average days on market for property listings in Matthews during March 2019 were 45 days (down 5 days compared with one year ago).
Median days on market were 7 days in March 2019, down 3 days compared with one year ago.
Average price per square foot was $137/square foot (up $6/square foot) in March 2019 versus the same period in 2018.
Pending salesin Matthews increased 45.8% in March 2019 versus the same month last year, most likely helped along by the big increase in new listings in February 2019.
Closed sales in Matthews decreased 28.6% in March 2019 compared with the same month one year ago.
New listings in Matthews decreased 8.6% versus March 2018.
Months supply of inventoryremained flat at 2 months, keeping Matthews a seller’s market overall in March 2019.
Median percent of original list price that sellers received for their homes was 99.4%. Virtually no room for buyers to negotiate in the Matthews/28105 zip code in March.
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