Matthews Real Estate April 2025
Matthews Real Estate April 2025: What To Know Now
In April 2025, the average home sale price in Matthews was $576,395, down 3.7% from $598,395 in March but unchanged from April 2024. The median sale price dropped 5.83% month-over-month to $485,000, down from $515,000 in March and 3% lower than the $500,000 median sale price in April 2024. With sale prices ranging from $235,000 to $2,150,000 in April 2025, the decline is more likely due to the price mix of homes sold rather than a decline in Matthews’ home values. Price per square foot fell to $241 from $249 in March, a 3.21% decrease and 2.03% below April 2024. Homes spent an average of 28 days on the market, up one day from March and eight days more than one year ago. However, fewer than 30 days on market is low by any measure. Inventory rose to 168 homes, a 30.23% increase from 129 in April 2024. Nonetheless, the months supply of inventory dropped to 2.8 months from 4.38 months, signaling a shift back to a seller’s market. After three consecutive months of increases, new listings in Matthews declined to 59 from 65 in March. Home sales rose 62+% in April to 60, up from 37 the previous month and up from 47 in April 2024. The list-to-sale price ratio dipped to 99.39% from 100.63% in March, offering buyers limited room for negotiation despite the decline.
MATTHEWS REAL ESTATE APRIL 2025 HIGHLIGHTS
MATTHEWS HOME SALE PRICES
Average sale price in April 2025 was $576,395, down 3.7% from $598,395 month-over-month. April’s average sale price was unchanged compared with April 2024. With home sale prices ranging from $235,000 to $2,150,000, the decline in median home sale price is more likely due to the price mix of homes sold in April than to any decline in Matthews home values.
Median home sale price in April 2025 was 485,000, down 5.83% from $515,000 in the previous month of March. Year-over-year, median home sale price was 3% lower than in April 2024 when it was $500,000. With home sale prices ranging from $235,000 to $2,150,000, the decline in median home sale price is more likely due to the price mix of homes sold in April than to any decline in Matthews home values.
Price per square foot in April 2025 was $241, down 3.21% from $249 in the previous month. Price per square foot was 2.03% lower than $246 in April 2024. This was the first decline in price per square foot in Matthews after five consecutive months of increases.
MATTHEWS DAYS ON MARKET
Matthews average days on market in April 2025 were 28 days, up one day from the previous month. Year-over-year, average days on market increased 8 days. Compared with April 2023, average days on market were 32 days lower in 2025.
MATTHEWS HOUSING INVENTORY
The number of properties for sale in April 2025 was 168, up by six properties from one month ago. Inventory was up 30.23% from April one year ago (129 properties). The number of properties for sale in April 2025 was also higher than in April 2023, which saw 128 properties for sale.
Despite the increase in inventory, April 2025 months supply of inventory declined to 2.8 months from 4.38 months, pushing Matthews back into a home sellers market. Year-to-date, Matthews’ months supply of inventory has averaged 4.3 months.
NEW LISTINGS IN MATTHEWS DOWN AFTER 3 CONSECUTIVE MONTHS OF INCREASES
The number of new listings in April 2025 declined to 59, down 9.23% from the previous month’s 65 new listings. New listings were 9.23% lower than what we saw in April 2024, which saw 65 new listings. Compared with April 2023, new listings were higher by two properties in 2025.
MATTHEWS SALES UP
Home sales increased 62.16% to 60 in March from 37 in the previous month of March. Sales were 27.66% higher than the 47 sales in April 2024. Compared with April 2023, which saw 37 sales, April 2025 sales were higher by 23.
MATTHEWS LIST TO SALE PRICE RATIO
The March 2025 list to sale price ratio declined to 99.39% from 100.63% one month ago. The list to sale price ratio declined from March one year ago when it stood at 100.56%. Nonetheless, Matthews home buyers saw little opportunity to negotiate on price in April 2025.
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This Charlotte, North Carolina Matthews real estate update is provided by Nina Hollander with Coldwell Banker Realty, Greater Charlotte residential real estate expert and Matthews specialist. I’ve been opening doors for Matthews home buyers and sellers since 1999.
If you’re considering selling or purchasing a home in Matthews or anywhere in the Charlotte metro area, I’d love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:
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PREVIOUS 2025 MATTHEWS REAL ESTATE REPORTS
Matthews Real Estate Report: March 2025
Matthews Real Estate Report: February 2025
Matthews Real Estate Report: January 2025
