Matthews NC Real Estate Market Report--First Half 2015
Matthews NC Real Estate Market Report—First Half 2015
How did the Matthews NC real estate market fare in the first half of 2015 and
how does it compare with previous years? The tables below compare the Matthews
NC real estate market from 2008 through 2015. The results of the tables are
explained in the frequently asked questions that follow. Click here to
see all Matthews
NC homes for sale.
How many single family homes sold in Matthews in January through June
2015?
One hundred fifty three homes closed during this period.
Were home prices up or down in the first half of 2015?
Home prices increased. The median closed price was $233,500, an increase of
8.6% over 2014. The 2015 median price was higher than any year since 2007.
How long were Matthews homes on the market in 2015?
Homes spent less time on the market this year. Median days on market was 57
days down from 78 days in 2014.
What was the Matthews condominium and townhome market like in
2015?
Twenty townhomes sold in the first half. The median sales price was
$187,750. Median days on market was 52 days.
Were distressed sales a big factor in the 2015 market?
Foreclosures and short sales were only 4% of the marketplace in the first
half. This is a smaller portion of the market than during the recession years
when distressed sales were often 30% of the marketplace.
Were there many new homes built in Matthews in 2015?
Matthews hasn’t had much new construction in 2015. New homes were only 3.2%
of the closed sales. Most homes sold were resales.
Which neighborhoods had the most home sales in 2015?
The top-selling neighborhoods in 2015 are Matthews Estates, Brightmoor,
Sardis Forest, Greygate, Trade Street Towns and Bella Sera Villas.
Single Family Homes in Matthews NC
| Matthews Single Family Homes |
Year 2008 |
Year 2009 |
Year 2010 |
Year 2011 |
Year 2012 |
Year 2013 |
Year 2014 |
Year 2015 First Half |
| Median Sales Price |
$224,450 |
$198,000 |
$208,250 |
$210,000 |
$183,250 |
$210,000 |
$215,000 |
$233,500 |
| Number of Homes Sold |
228 |
178 |
172 |
184 |
254 |
272 |
300 |
153 |
| Median Days on Market |
32 |
46 |
89 |
115 |
77 |
61 |
78 |
57 |
Source: Carolina Multiple Listing Service
Types of Closed Sales in Matthews NC
| Matthews NC Sales Types |
Number of Closed Sales |
Percentage of Closed Sales |
| Resale |
142 |
92.8% |
| New Construction |
5 |
3.2% |
| Foreclosure |
6 |
4.0% |
| Short Sales |
n/a |
n/a |
Source: Carolina Multiple Listing Service
Click here to see other Matthews
NC real estate market reports, both updated and
historical.
Click on the links below to see current homes for sale in Matthews
NC.
$100,000-$300,000
$300,000-$500,000
$500,000-$750,000
$750,000+
Want to know more about real estate and living in Matthews
NC? Visit www.CarolinaSmallTownLiving.com.
Copyright 2015. Carol Fox. Matthews NC Real Estate Agent. Allen Tate
Realtors. *Matthews NC Real Estate Market Report—First Half
2015*