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Matthews NC 2008 Real Estate Market Report

Do you want to know how the Matthews NC real estate market fared in 2008? 

This post will summarize the 2008 real estate sales for the town as a whole plus report on the most active neighborhoods within the Town of Matthews NC.  This report covers real estate activity within the Matthews town limits, which are entirely within Mecklenburg County.  For a complete understanding of how to search for Matthews NC real estate, read Taking the Confusion out of the Matthews NC Real Estate Search.

2008 Real Estate Market Report for Matthews NC

Single Family Homes

Number of Sales:  208    Price Range:  $49,000 to $1,139,000   Average Heated Area:  2311 sf   Average Price:  $250,788   Average Days on Market:  72

Townhouses and Condos

Number of Sales:  40      Price Range:  $106,000 to $360,000    Average Heated Area:  1857 sf   Average Price:  $253,348   Average Days on Market:  102

Most Active Neighborhoods in Matthews NC  2008

Single Family Neighborhoods

Crestdale Crossing   Years Built:  2002-2003

Number of Sales:  14      Price Range:  $107,500 to $154,900   Average Heated Area:  1360 sf   Average Price:  $127,450   Average Days on Market:  46

Schools 2008-09:  Matthews Elementary, Crestdale Middle, Butler High

Habersham   Years Built:  1992-1993

Number of Sales:  4       Price Range:  $146,000 to $174,500   Average Heated Area:  1779 sf   Average Price:  $157,375   Average Days on Market:  70

Schools 2008-09:  Crown Point Elementary, Mint Hill Middle, East Mecklenburg High

The Heathers  Years Built:  1987

Number of Sales:  7       Price Range:  $127,000 to $217,000   Average Heated Area:  2077 sf   Average Price:  $180,066   Average Days on Market:  52

Schools 2008-09:  Bain Elementary, Mint Hill Middle, Butler High

Southwoods   Years Built:  1990-1997

Number of Sales:  5       Price Range:  $186,500 to $242,500   Average Heated Area:  2589 sf   Average Price:  $213,400   Average Days on Market:  47

Schools 2008-09:  Crown Point Elementary, Mint Hill Middle, Butler High

Windrow   Years Built:  1973-1983

Number of Sales:  10     Price Range:  $113,850 to $260,000   Average Heated Area:  2247 sf   Average Price:  $216,725    Average Days on Market:  68

Schools 2008-09:  Bain Elementary, Mint Hill Middle, Butler High

Brightmoor   Years Built:  1987-1993

Number of Sales:  17     Price Range:  $130,950 to $315,000   Average Heated Area:  2217 sf   Average Price:  $221,391   Average Days on Market:  57

Schools 2008-09:  Matthews Elementary, Crestdale Middle, Butler High

Somersby   Years Built:  1984-1986

Number of Sales:  4       Price Range:  $199,000 to $237,000   Average Heated Area:  1962 sf   Average Price:  $223,225   Average Days on Market:  32

Schools 2008-09:  Elizabeth Lane Elementary, South Charlotte Middle, Providence High

Wynchase   Years Built:  2005-2008

Number of Sales:  11     Price Range:  $185,000 to $297,400   Average Heated Area:  2555 sf   Average Price:  $237,312   Average Days on Market:  139

Schools 2008-09:  Crown Point Elementary, Mint Hill Middle, East Mecklenburg High

Thornblade   Years Built:  1996-1999

Number of Sales:  10     Price Range:  $205,000 to $269,900   Average Heated Area:  2281 sf   Average Price:  $243,230   Average Days on Market:  80

Schools 2008-09:  Matthews Elementary, Crestdale Middle, Butler High

Matthews Estates   Years Built:  1997

Number of Sales:  5      Price Range:  $202,350 to $338,000    Average Heated Area:  2432 sf   Average Price:  $255,270   Average Days on Market:  59

Schools 2008-09:  Matthews Elementary, Crestdale Middle, Butler High

Ashley Creek   Years Built:  1987-1992

Number of Sales:  6      Price Range:  $235,000 to $305,000    Average Heated Area:  2465 sf   Average Price:  $267,666   Average Days on Market:  104

Schools 2008-09:  Matthews Elementary, Crestdale Middle, Butler High

Sardis Plantation   Years Built:  1987-1995

Number of Sales:  11    Price Range:  $210,000 to $315,000    Average Heated Area:  2328 sf   Average Price:  $268,536   Average Days on Market:  64

Schools 2008-09:  Elizabeth Lane Elementary, South Charlotte Middle, Providence High

Coachman Ridge   Years Built:  1984-1990

Number of Sales:  7      Price Range:  $262,500 to $465,000    Average Heated Area:  3195 sf   Average Price:  $360,071   Average Days on Market:  105

Schools 2008-09:  Elizabeth Lane Elementary, South Charlotte Middle, Providence High

Reverdy Glen   Years Built:  2001-2007

Number of Sales:  4      Price Range:  $650,000 to $1,196,000   Average Heated Area:  4526 sf   Average Price:  $855,725   Average Days on Market:  78

Schools 2008-09:  Elizabeth Lane, South Charlotte Middle, Providence High 

Townhouse/Condo Neighborhoods

Parkview at Matthews   Years Built:  2004-2005

Number of Sales:  6      Price Range:  $106,000 to $141,000    Average Heated Area:  1808 sf   Average Price:  $126,166   Average Days on Market:  94

Schools 2008-09:  Crown Point Elementary, Mint Hill Middle, East Mecklenburg High

St. Andrews   Years Built:  2006-2007

Number of Sales:  28    Price Range:  $231,770 to $360,082   Average Heated Area:  1873 sf   Average Price:  $282,104    Average Days on Market:  105

Schools 2008-09:  Matthews Elementary, Crestdale Middle, Butler High

Source:  Carolina Regional Realtor Association

Learn more about Matthews NC schools:

School Progress Reports in the Charlotte-Mecklenburg Schools

Want to know more about the Matthews NC real estate market and Matthews NC neighborhoods:

Visit www.CarolinaSmallTownLiving.com.

About the author:  Carol Fox of Allen Tate Realtors is a veteran agent who has helped people find the right homes and neighborhoods in Matthews NC for over twenty years.

Copyright 2009.  Carol Fox.  All rights reserved.  "Matthews NC 2008 Real Estate Market Report"

Posted: Sunday, January 04, 2009 2:46 PM by Carol Fox

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