Matthews Real Estate February 2021

Matthews real estate February 2021 remained a home seller’s market, evidenced by extremely low inventory and less than a one month’s supply of inventory. Significant decreases in days on market and fewer new listings resulted in higher home prices. Pent-up buyer demand remains greater than the supply of homes to purchase and both closed and pending sales were down year-over-year.


Matthews Real Estate February 2021 Update


Latest news on the Matthews (28105 zip code) real estate market in February 2021 and what it means for you…


Matthews (28105 Zip Code) Real Estate ReportMatthews housing market continues to see extremely low inventory with the months supply of inventory razor-thin at 0.6 months (down 64.7% year-over-year from 1.7 months year-over-year). Inventory of homes was down 61.2% year-over-year. New listings decreased 9.2% year-over-year and homes sold in under one month, on average.


Average sale prices of homes increased 10.7% year-over-year to $367,521, while median home sale prices increased 2.0% to $312,000 year-over-year.  Price per square foot increased 9.7% year-over-year to $158/square foot (up $14/square foot).


Average days on market were 25, down 23 days from the same time period one year ago.  Median days on market decreased 25 days to 3 days versus one year ago. Clearly, Matthews homes sold almost as quickly as they came on the market in February 2021.


Closed sales decreased 23.1% year-over-year.  Pending sales decreased a scant 7.4% year-over-year. No doubt, this was due to lack of inventory and not due to a lack of buyer demand.


With a median selling price of 100.6% of asking price (up 3.5% over February 2020), buyers should expect minimal to no room to negotiate.



Want to know what this would mean for your family if you decide to buy or sell a Matthews home?

I can help.

Call me today at 704-779-0813 or contact me here.

There’s absolutely NO OBLIGATION. A consultation with Nina Hollander is FREE



 Matthews (28105 Zip Code) Housing Market Highlights:

February 2021 versus February 2020


Matthews/28105 Zip Code Homes Sales Update: February 2021





Lack of inventory continues to keep Matthews and the 28105 zip code a home seller’s market and a very competitive environment for affordable homes for home buyers in Matthews, North Carolina.



 Did you know Matthews, North Carolina was ranked as the #5 best Charlotte suburb to live in and the #11 best suburb in North Carolina to live in? So why not…




Hot Matthews, NC Neighborhoods






 FREE Home Buyer Guide: “Things To Consider When Buying A Home”




What's My Home Worth?


FREE Home Seller Guide: “Things To Consider When Selling Your House”



Median Home Sale Price Trends For Matthews Homes


This Charlotte, North Carolina real estate monthly update for Matthews, NC is provided by Nina Hollander, 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:

“The Right Broker Makes All The Difference.”



Search Matthews Homes For Sale