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Matthews NC Real Estate Market Report--January-March 2010

Matthews NC Real Estate Market Report—January-March 2010

How did the Matthews NC real estate market fare in the first quarter of 2010 and how did it compare with 2009? 

The average sales price for single family homes in Matthews NC rose in the first quarter of 2010 compared to the average sales price for 2009.  Average days on the market were similar for 2009 and the first quarter of 2010 at approximately three months.  The average sales price for townhomes and condominiums slipped significantly during first quarter 2010.  Average days on market improved to slightly more than five months.

Matthews NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Matthews NC for single family homes and townhomes in 2008 and 2009 plus first quarter 2010.

Single Family Homes in Matthews NC

2009 Average Sales Price:  $224,025   First Quarter 2010 Average Sales Price:  $243,508  

2009 Number of Homes Sold:  175    First Quarter 2010 Number of Homes Sold:  31    

2009 Average Days on Market:  98   First Quarter 2010 Average Days on Market:  100     

Townhomes and Condominiums in Matthews NC

2009 Average Sales Price:  $199,640    First Quarter 2010 Average Sales Price:  $170,250    

2009 Number of Homes Sold:  34       First Quarter 2010 Number of Homes Sold:  6      

2009 Average Days on Market:  179     First Quarter 2010 Average Days on Market:  152

 

Source:  Carolina Multiple Listing Service

Most Active Neighborhoods in Matthews NC

The most active Matthews NC neighborhoods are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.

St. Andrews

Windrow

Brightmoor

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Matthews NC Real Estate Market Report—January-March 2010*
Posted: Monday, April 12, 2010 9:38 AM by Carol Fox

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