Matthews, NC Real Estate News

By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Matthews (28105 zip code) real estate market in June 2021 and what it means for you...   Matthews housing market continues to see extremely low inventory with the months supply of inventory razor-thin at 0.6 months (down 62.5% year-over-year from 1.5 months in June 2020 and down from 2.3 months in June 2019). Inventory of homes was down 58.8% year-over-year. New home listings decreased 14.6% year-over-year. Matthews homes sold in about one week, on average. You can see the demand for housing in Matthews based on showings per listing... on average, listed homes had 25.3 showings in June, up 70.9% from 14.8 one year ago and from 9.3 two years ago. This is clearly a clear case of more buyers "chasing" fewer listings. Average sale prices of homes increased 42.9% year-ove...
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By David Snell 704.545.0098, CERTIFIED MOLD INSPECTOR, CERTIFIED MOLD REMOVAL.
(WWW.ExecutiveRestoration.Com)
Who remembers your first pager?  I had my first pager in 1985.  My pager number was 529-3880.  This number no longer works but someone would call it and input their phone number and I would call them back. If you try to call this number and try to contact me now, it is not the way to get in touch with me.  It seems like just yesterday that I had my first pager and then this led to the huge bag phone that was first 4 watts.  Who remembers these days?  Who had one, besides David Snell?  I would be on a job and I got a beep or a page and I would use the customer's landline to call the client back.  Using a pager or beeper was very inconvenient to say the least.  Wink. My name is David Snell and I own a company called Executive Restoration and Certified Mold Inspection with Sample and testi...
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By David Snell 704.545.0098, CERTIFIED MOLD INSPECTOR, CERTIFIED MOLD REMOVAL.
(WWW.ExecutiveRestoration.Com)
Is Every Thing, Negotionable In Life?Am I making, anyone hungry?  How do you like your steak cooked?  Grilled? Steamed, deep fried, Oven baked, charcoal cooked, gas cooked? Personally, I like my steak cooked,  on my Traeger wood pellet grill, with onions and garlic and lots of sesame seed oil, with hot peppers.  I like my steak going in hot and I like my steak, going out.....................  Well, you get the picture.  Lol. 😅 I have had the opportunity and privilege to live all over the world as well as travel all over the world and here is what,  I can say, from my experience.  Most things are negotionable in life, if you just ask? Prices are negotionalble if,  you are nice about it and ask for the item.  The secret is to not be offended or feel rejected if,  you are denied.  Life is ...
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By David Snell 704.545.0098, CERTIFIED MOLD INSPECTOR, CERTIFIED MOLD REMOVAL.
(WWW.ExecutiveRestoration.Com)
Last Saturday at 2 a.m, I got a call about a Water Damagein Indian Trail.  The client called many Water Damage companies and no one picked up her call, even though my client called other emergency service Water Damage Companies.  If you are an emergency service company please pick UP  the call or I will take the call and do the Water Damage job.  No worries.   I am back into Water Damage and Water Removal! What do you think I did?  I took the call even though I was getting ready to go to bed. I got to the job about 3 a.m and starting extracting water, spraying as well as mopping up hard surfaces and spraying.  I mopped all hard surfaces like 3 times to make sure the surfaces were clean.  I then placed 3 air movers to dry out the carpet as well as the hard surface flooring. This couple w...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Matthews (28105 zip code) real estate market in May 2021 and what it means for you...   Matthews 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 in May 2020 and down from 2.5 months in May 2019). Inventory of homes was down 65.2% year-over-year. New home listings decreased 23.8% year-over-year. Matthews homes sold in about two weeks, on average. In other words, Matthews homes are selling about as quickly as they are coming on the market. Average sale prices of homes increased 1% year-over-year to $352,255. Median home sale prices increased 13.8% to $341,250 year-over-year.  Price per square foot increased 18.3% year-over-year to $168/square foot (up $26/squ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Matthews (28105 zip code) real estate market in April and what it means for you...   As with many areas of the Charlotte Region, Matthews housing market continues to see critically low inventory with the months supply of inventory razor-thin at 0.5 months (down 75% year-over-year from 2 months year-over-year). Inventory of homes was down 71% year-over-year. New home listings increased 46.6% year-over-year. While this helped closed and pending sales, it did little to alleviate the inventory shortage in Matthews to satisfy buyer demand. Average sale prices of homes increased 23.3% year-over-year to $383,677. Median home sale prices increased 19.2% to $365,000 year-over-year. On a month-over-month basis, the median sale price of a home sold in Matthews increased by $53,0...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Matthews (28105 zip code) real estate market in March and what it means for you...   Matthews housing market continues to see extremely low inventory with the months supply of inventory razor-thin at 0.5 months (down 72.2% year-over-year from 1.8 months year-over-year). Inventory of homes was down 69.1% year-over-year. New home listings decreased 25.9% year-over-year. Matthews homes sold in under three weeks, on average. Average sale prices of homes increased 18.4% year-over-year to $387,863. Median home sale prices increased 11.8% to $312,000 year-over-year. On a month-over-month basis, the average sale price of a home sold in Matthews increased by $20,000. The median sale price increased almost $30,000.  Price per square foot increased 10.8% year-over-year to $164/s...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Easter Fun In Matthews: The Great Easter Eggspedition Now through Monday, April 5th, why not have some Easter fun with the Great Easter Eggspedition in the Town of Matthews! Head out to Matthews to hunt golden Easter eggs hidden throughout the town. Clues will be posted to the Matthews Facebook page on March 27th and April 3rd. Prizes will awarded to those who find a golden egg. Find a golden egg and bring it to the Community Center to redeem for an Eggspedition Grand Prize!     What Makes Matthews, North Carolina A Special Place To Call Home? The Great Easter Eggspedition in Matthews is just one of many events and things making the Town of Matthews a special place to call home. Matthews, North Carolina has been named "the best town in North Carolina," "one of the 10 best cities in Nor...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Matthews (28105 zip code) real estate market in February and what it means for you...   Matthews housing market continued 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 d...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 8 Hot Matthews, NC (28105 Zip Code) Neighborhoods To Watch In 2021 Matthews homes sold in 2020 at an average sale price of $360,557 compared with $340,783 in 2019. Due to decreasing inventory in Matthews in 2020 homes sold more quickly... on average in 24 days compared with 33 days the prior year. And despite considerably less inventory in 2020, 714 homes sold in 2020 compared with 666 homes in 2019. Eight neighborhoods topped the Matthews "sales charts" in 2020 with at least 15 sales or more.    BRIGHTMOOR Brightmoor remains a "hot" selling neighborhood in Matthews with 29 home sales in 2020  at an average home sale price of $318,769. Sellers received 99.4% of listinG price in final sale price. Days on market averaged 23 days.   SEARCH BRIGHTMOOR HOMES FOR SALE IN MATTHEWS    CALLAWAY...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Latest news on Matthews' (28105 zip code) real estate market in January and what it means for you...    Matthews 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 64.3% year-over-year. New listings decreased 15.3% year-over-year and homes sold in under one month, on average.    Average sale prices of homes increased 30.6% year-over-year to $352,672, while median home sale prices increased 26.3% to $341,713 year-over-year.  Price per square foot increased 9.4% year-over-year to $151/square foot (up $13/square foot).  Average days on market were 29, down 10 days from the same time period one year ago.  Median days on market decreased ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Latest news on the Matthews (28105 zip code) real estate market in September and what it means for you...   Matthews homes sales continued to rebound in September 2020, as evidenced by the 34.3% increase in pending sales compared with June 2019.  Matthews housing market continues to see low inventory with the months supply of inventory razor-thin at 0.9 months (down 59.1% year-over-year from 2.2 months). Inventory of homes was down 51.1% year-over-year.  Although new listings increased 21.6% year-over-year, homes sold quickly and lack of inventory was in no way alleviated.  Average sale prices of homes decreased 21.1% year-over-year to $366,172, while median home sale prices increased 14.1% to $325,000 year-over-year.   Price per square foot increased 10.2% year-over-year to $151/squa...
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By The Vining Group at eXp Realty, Relationships First. Real Estate Second.
(The Vining Group)
Welcome to Prestwick in Matthews, NC - one of the Charlotte areas most desirable neighborhoods. This beautifully maintained two-story home has a spacious floor plan, fantastic kitchen with stainless steel appliances and granite, 9ft first floor ceilings, hardwood flooring and carpet, oversized walk-in pantry and private back yard. Upstairs bedrooms, as well, are spacious with secondary rooms separate from master suite. Convenient location in Union County. Hurry - this home is not going to last. Site unseen offers received.
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:May 2020: Latest news on how Corona Virus restrictions impacted Matthews' real estate market in May and what it means for you...  Matthews homes sales were significantly impacted in May 2020 by corona virus restrictions, which prohibited all in-person home showings in Matthews from late March to mid-May. As a result closed sales, new listings, inventory, months supply of homes, all dropped compared with May 2019. Given the lack of inventory, no surprise that average and median home sale prices increased.  Matthews housing market continued to experience impact from corona virus restrictions in May and April with the months supply of inventory razor-thin at 1.3 months (down 50% year-over-year from 2.6 months). Inventory of homes was dow...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:April 2020: Latest news on how Corona Virus restrictions impacted Matthews' real estate market in April and what it means for you...  Matthews homes sales were significantly impacted in April 2020 by the Mecklenburg County corona virus restrictions, which prohibited ALL in-person home showings in Matthews for about five weeks. As a result, closed and pending sales, new listings, inventory, months supply of homes, days on market all dropped compared with April 2019. Given the lack of inventory, no surprise that median home sale prices increased almost 11% and the median sale to listing price ratio was 100%. Matthews housing market saw a definite impact from corona virus restrictions in April with the months supply of inventory razor-th...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:March 2020:Latest news on the Matthews real estate market and what it means for you...  Matthews remained a seller’s market in March 2020 with the months supply of inventory remaining razor-thin at 1.5 months (down 34.6% year-over-year from 2.3 months). Inventory was down 29.5%.  New listings also decreased 5.9% versus the same month one year ago. Average sale prices of homes decreased 5.1% year-over-year to $328,363, while median home sale prices increased 4.6% to $305,000 year-over-year. The decrease in average sale prices is less indicative of lower home values in Matthews than of the price mix of home sold in March. Price per square foot increased 8.8% year-over-year to $148/square foot (up $12/square foot). Average days on market...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:February 2020:Latest news on the Matthews real estate market and what it means for you...  Matthews remained a seller’s market in February 2020 with the months supply of inventory remaining razor-thin at 1.4 months (down 44% year-over-year from 2.5 months). Inventory was down 34.2%, as were new listings, which were down 3.9% in February versus the same month one year ago. Average sale prices of homes increased 5.5% year-over-year to $331,862, while median home sale prices increased 5.9% to $306,000 year-over-year. Price per square foot increased 10.8% year-over-year to $144/square foot (up $14/square foot). Average days on market were 48, up 8 days from one year ago, while median days on market increased by 15 days to 28 days versus o...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:January 2020Latest news on the Matthews real estate market and what it means for you...  Matthews remained a seller’s market in January 2020 with the months supply of inventory remaining razor-thin at 1.5 months (down 34.8% year-over-year from 2.3 months). Inventory was down 25.4%, as were new listings, which were down 24.7% in January versus the same month one year ago.Average sale prices of homes decreased 27.9% year-over-year to 265,927, while median home sale prices decreased 5.2% to $270,000 year-over-year. This decrease in home prices should not be attributed to a drop in home values in Matthews. Rather, it's more reflective of the price points of homes that sold in January. Price per square foot increased 7% year-over-year to $...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 7 Hot Selling Matthews, NC (28105 Zip Code) Neighborhoods To Watch In 2020 Matthews homes remained in great demand in 2019... much of this demand stems from the fact that Matthews offers numerous communities with affordably priced homes under $300,000. Of the 7 hottest selling neighborhoods, 5 had average sale prices under $300,000.  During 2019, Matthews homes sold quickly...the average cumulative days on market for the 5 neighborhoods whose average sale price was under $300,000 ranged from 5 days to 29 days. Average sale price to list price was also high -- 4 of the hot neighborhoods sold at 99+% of asking price, while the other 3 sold at 98+% of asking price. In other words, if you wanted to buy a home in one of Matthew's hot neighborhoods in 2019 you had little room to negotiate an...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Matthews, NC (28105 Zip Code) Housing Market Update:November 2019Latest news on the Matthews real estate market and what it means for you...  Matthews (28105 zip code) real estate report/snapshot for November 2019. Matthews remained a seller’s market in November 2019 with the months supply of inventory remaining low at 1.8 months (down 25% year-over-year from 2.4 months). Inventory was down 15.8% despite an increase in new listings of 56.8% in November.Average sale prices of homes increased 0.2% year-over-year to $295,361, while median home sale prices increased 2.8% to $280,500  year-over-year. Average days on market were 27, down 13 days from one year ago in November 2019 versus November 2018, while median days on market dropped almost 50% by 7 days to just 8 days. Matthews homes con...
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