Matthews Real Estate May 2025

MATTHEWS HOME SALE PRICES 

Average sale price in May 2025 was $608,285, up 5.53% from $576,395 month-over-month. May’s average sale price was 15.4% lower than the $718,874 average price in May one year ago. With home sale prices ranging from the $200,000’s to the millions, the decline in the year-over-year median home sale price is more likely due to the price mix of homes sold in May than to any decline in Matthews home values.

 

Median home sale price in May 2025 was $525,000, up 8.25% from $485,000 in the previous month of April. Year-over-year, median home sale price was 5.41% lower than in May 2024 when it was $555,000.  With home sale prices ranging from the $200,000’s to the millions, the decline in the year-over-year median home sale price is more likely due to the price mix of homes sold in May than to any decline in Matthews home values.

 

Price per square foot in May 2025 was $240, equal to the previous month of April. Price per square foot was 5.51% lower than $254 in May 2024. 

 

 

MATTHEWS DAYS ON MARKET 

Matthews average days on market in May 2025 were 31 days, up three days from the previous month. Year-over-year, average days on market increased 9 days. Compared with May 2023, average days on market were 14 days higher in 2025.

 

 

MATTHEWS HOUSING INVENTORY 

The number of properties for sale in May 2025 was 179, up by eight properties from one month ago. Inventory was up 23.45% from May one year ago (145 properties). The number of properties for sale in May 2025 was also higher than in May 2023, which saw 123 properties for sale. 

 

May 2025 months supply of inventory increased to 3.81 months from 2.8 months, nonetheless keeping Matthews a home sellers market. Year-to-date, Matthews’ months supply of inventory has averaged 4.22 months.

 

 

NEW LISTINGS IN MATTHEWS 

The number of new listings in May 2025 increased to 70, up 12.9% from the previous month’s 62 new listings.  New listings were 12.5% lower than what we saw in May 2024, which saw 80 new listings. Compared with May 2023, new listings were higher by 24 properties in 2025.

 

MATTHEWS SALES DOWN

Home sales declined 21.67% to 47 in May from 60 in the previous month of April. Sales were 4.08% lower than the 49 sales in May 2024. Compared with May 2023, which saw 63 sales, May 2025 sales were lower by 16.

 

 

MATTHEWS LIST TO SALE PRICE RATIO ABOVE 100%

The May 2025 list to sale price ratio declined to 100.2% from 99.39% one month ago. The list to sale price ratio declined from May one year ago when it stood at 101.34%. Matthews home buyers saw virtually no opportunity to negotiate on price in May 2025.

 

 

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

 

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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.”