Matthews real estate market in July 2023 saw higher median home sale prices year-over-year. Days on market declined 18 days from June. Housing inventory was flat compared with June 2023, but new listings declined 22.4% from June and 42.31% from July one year ago. List to sale price ratio still at 100+%, leaving little room for buyers to negotiate. Low inventory and lack of new listings kept Matthews a home seller's market with 2.85 months supply of inventory.
Matthews real estate market in July 2023 saw higher median home sale prices year-over-year. Days on market declined 18 days from June. Housing inventory was flat compared with June 2023, but new listings declined 22.4% from June and 42.31% from July one year ago. List to sale price ratio still at 100+%, leaving little room for buyers to negotiate. Low inventory and lack of new listings kept Matthews a home seller's market with 2.85 months supply of inventory.
Matthews real estate market in June 2023 saw much higher home sale prices year-over-year. Days on market increased dramatically from May 2023 and compared to May 2022. Housing inventory increased slightly over May 2023, but was down year-over-year. List to sale price ratio increased to over 101%. Closed sales declined month-over-month and year-over-year, but were still at their second highest level since October 2022.
Matthews real estate market in May 2023 saw much higher home sale prices both year-over-year and month-over-month. Days on market were down dramatically from April 2023, declining 70% from April 2023. Housing inventory also declined, as did new listings. List to sale price ratio increased to just under 101%. Closed sales also increased to their highest level since June 2022.
Matthews real estate market in April 2023 saw the average home price increase month-over-month. Average sale price decreased year-over-year, while median sale price increased both month-over-month and year-over-year. Days on market increased to their highest level in three years. Sales declined from March and compared with April 2022. Housing inventory was down from March, up slightly compared with April 2022. New listings were down.
Matthews real estate market in March 2023 saw the average home price increase month-over-month, while the median home sale price softened month-over-month. Average sale price decreased year-over-year, while median sale price increased. Days on market increased to their highest level in three years. New listings increased month-over-month, but were still lower compared with one year ago. The number of homes sold increased month-over-month; decreased year-over-year.
Matthews real estate market in February 2023 saw home prices increase year-over-year and month-over-month. Median home sale price was 20.8% higher than one year ago. Days on market and inventory also increased, while new listings continue to decrease. List to sale price ratio in February was just under 99%. Sales were up over January 2023, but down compared with February 2022.
Matthews real estate market in January 2023 saw a cooling in the market with lower list to sale price ratios, longer days on market, fewer sales. Home prices were down month-over-month. Average sale prices down year-over-year, while median sale prices up year-over-year.
Matthews real estate market in December 2022 saw a cooling in the market with higher inventory, lower list to sale price ratios, longer days on market, significantly lower closed and pending sales. At the same time, home prices increased year-over-year and month-over-month and fewer new listings came on market.
Matthews real estate market in November 2022 saw a definite cooling in the market with lower home prices, more inventory, lower list to sale price ratios, significantly lower closed and pending sales. The "bright spot" in Matthews were days on market, which were flat year-over-year and down month-over-month.
3440 Toringdon Way
Suite 110
Charlotte, NC 28277
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