Matthews Real Estate March 2025

MATTHEWS HOME SALE PRICES UP

Average sale price in March 2025 was $598,559, up 6.43% from $562,384 month-over-month.  March’s  average sale price increased 10.31% year-over-year from $542,618. The March 2025 average sale price was at its highest level compared with March 2024 and 2023.

 

Median home sale price in March 2025 was $515,000, up 3.96% from $495,374 in the previous month of February. Year-over-year, median home sale price was unchanged.  The March 2025 median sale price was at its highest level compared with March 2024 and 2023.

 

Price per square foot in March 2025 was $249, up 1.22% from $246 in the previous month. Price per square foot was 6.87% higher than $233 in March 2024. The average price per square foot increased a fifth consecutive month in March 2025.

 

 

MATTHEWS DAYS ON MARKET SIGNIFICANTLY DOWN

Matthews average days on market in March 2025 were 27 days, down 20 days from the previous month. Year-over-year, average days on market increased 9 days. Compared with March 2023, average days on market were 20 days lower in 2025.

 

 

MATTHEWS HOUSING INVENTORY 

The number of properties for sale in March 2025 was 162, unchanged from February 2025. Inventory was up 35% from March one year ago (120 properties). The number of properties for sale in March 2025 was also higher than in March 2023, which saw 143 properties for sale. 

 

Despite an increase in inventory and new listings, March 2025 months supply of inventory remained steady at 4.38 months, keeping Matthews a balanced market between home buyers and home sellers.

 

 

NEW LISTINGS IN MATTHEWS UP

The number of new listings in March 2025 rose to 65, up 14.04% from the previous month’s 57 new listings.  New listings were 75.68% higher than what we saw in March 2024, which saw 37 new listings. Compared with March 2023, new listings were higher by three properties in 2025.

 

MATTHEWS SALES 

Home sales increased 2.78% to 37 in March from 36 in the previous month of February. Sales were 19.35% higher than the 11 sales in March 2024. Compared with March 2023, which saw 49 sales, March 2025 sales were lower by 12.

 

 

MATTHEWS LIST TO SALE PRICE RATIO OVER 100%

The March 2025 list to sale price ratio increased to 100.63% from 99.16% one month ago. The list to sale price ratio declined from March one year ago when it stood at 101.82%.

 

 

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

 

I can help.

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 Did you know Matthews, North Carolina is ranked by niche.com the #9th best Charlotte suburb to live in and the #19th best suburb in North Carolina to live in? It’s also ranked #8 as a best suburb for young professionals in North Carolina. So why not…

 

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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:

“The Right Broker Makes All The Difference.”