Matthews Real Estate Market: What's Up in the Last 30 Days?!

Dated: April 17 2024

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Hey there, homebuyers, sellers, and anyone curious about the Matthews real estate scene! We've got some hot-off-the-press updates for you.  If you've been wondering about the housing trends in Matthews, then you're in for a treat. We’ll dive into the nitty-gritty of what's been happening in this ever-changing market.

More Homes to Choose From:  Guess what? The number of homes up for grabs in Matthews has been on the rise! We're talking 164 homes for sale, which is up 3.5% from the previous period.  So, if you're on the hunt for that dream home, you might just find some fresh new options popping up in your search results.

Homes Flooding the Market (Almost!): You won't believe this! In the last 30 days, a whopping 60 new homes marched right into the real estate arena in Matthews. And you know what? That's an 18% increase from last month!

Homes Selling Faster: Got a house to sell? You're in luck! The average days on the market have taken a little dip, now down to 83 days (this data includes new construction). That's a 2.5% decrease, which means properties are selling a bit quicker.

The Price Tango: Alright, let's talk dough! While the market may be showing signs of increased inventory and faster sales, the average home price has experienced a modest decline. The current average home price is $973,505, marking a 3.4% decrease from the previous period. This shift could be attributed to various factors, such as market corrections, fluctuations in demand, or sellers adjusting their pricing strategies to remain competitive.

Score for Savvy Buyers: Wait for it... the average sold price has dropped by 5%! If you're a savvy buyer, you might be able to snag a sweet deal on your dream home in Matthews.

There you have it, folks - the latest scoop on Matthews real estate market! With more homes up for grabs and new listings are entering the market, it's a great time for buyers to explore their options. And sellers, homes are selling slightly faster.

Just remember, these numbers are like snapshots, and real estate can be a rollercoaster ride. If you're thinking of buying or selling, it's always smart to talk to real estate pros who know the ins and outs of the Matthews market. Stay calm, do your research, and you'll be well on your way to completing your real estate journey. Happy house hunting! 🏡

Source: Canopy MLS GRID as of July 25, 2023

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Julie and Jan

Jan and Julie are real estate brokers licensed in NC and SC. They not only provide real estate brokerage services, but also renovate houses, help investors, and provide staging services to their selle....

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