Matthews Real Estate January 2019

Matthews real estate January 2019 saw continued, significant home sale prices increases compared with the same month one year ago. Market inventory remained tight despite a slight increase and the months supply of homes at 2 months indicated a continuing seller’s market. Closed sales were down, but pending sales, as well as new listings, were both up. Lack of affordable inventory can be considered a contributing factor for the drop in closed sales despite a large increase in new listings.


Matthews Real Estate January 2019: Video


Matthews Real Estate January 2019 Highlights

  • Average sale price of Matthews area homes increased 16.1% to $368,649 in January 2019 compared with the same period one year ago. This average sale price is also approximately $45,000 higher in January than it was just last month in December.
  • Median sale price for Matthews area homes in January 2019 increased 21.3% versus one year ago to $284,950.
  • Average days on market for property listings in Matthews during January 2019 were 54 days (up 15 days compared with one year ago).
  • Median days on market stood at 20 days in January 2019, up 6 days compared with one year ago. Increasing home prices houses probably contribute to the increasing days on market.
  • Average price per square foot was flat at $129/square foot in January 2019 versus the same period in 2018. 
  • Pending sales in Matthews increased 5.4% in January 2019 versus the same month last year.
  • Closed sales in Matthews decreased 7.7% in January 2019 compared with the same month one year ago.
  • New listings in Matthews increased 24.2% versus January 2018.
  • Months supply of inventory remained low at 2 months keeping Matthews a seller’s market overall.
  • Median percent of original list price that sellers received for their homes was 95.8%, showing some, but not a lot of negotiating room in the 28105 zip code for Matthews area homes.



JANUARY 2019 vs JANUARY 2018


Matthews Real Estate January 2019 Update



Matthews Hot Neighborhoods To Watch

Wondering what the hot neighborhoods in Matthews are? Click on the picture below to discover the 5 hottest neighborhoods to be watching in the Matthews, North Carolina area. 

Hot Matthews, NC Neighborhoods




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This Charlotte, North Carolina real estate monthly update for Matthews is brought to you by Nina Hollander with Coldwell Banker Realty, Matthews area specialist and Greater Charlotte residential real estate expert. I’ve been opening doors for Matthews home buyers and sellers since 1999.


If you’re considering selling or purchasing a home in the Matthews, North Carolina area, I’d love an opportunity to earn your business, exceed your expectations, and to show you why experience matters and how:

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