Matthews NC Real Estate Market Report—April-June 2010
How did the Matthews NC real estate market fare in the second quarter of 2010 and how did it compare with 2009?
The single family average sales price in Matthews NC rose again in the second quarter of 2010 increasing 3% over the first quarter average price and 12% over the average price in 2009. The number of homes sales almost tripled over the first quarter. Average days on market dropped. This market activity is most likely reflective of the tax credit stimulus package.
The average sales price for townhomes and condominiums decreased slightly in the second quarter of 2010 and the number of units sold remained low at 7 unit.
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 and second quarter 2010.
Single Family Homes in Matthews NC
2009 Average Sales Price: $224,025 First Quarter 2010 Average Sales Price: $243,508 Second Quarter 2010 Average Sales Price: $251,925
2009 Number of Homes Sold: 175 First Quarter 2010 Number of Homes Sold: 31 Second Quarter 2010 Number of Homes Sold: 87
2009 Average Days on Market: 98 First Quarter 2010 Average Days on Market: 100 Second Quarter 2010 Average Days on Market: 87
Townhomes and Condominiums in Matthews NC
2009 Average Sales Price: $199,640 First Quarter 2010 Average Sales Price: $170,250 Second Quarter 2010 Average Sales Price: $168,041
2009 Number of Homes Sold: 34 First Quarter 2010 Number of Homes Sold: 6 Second Quarter 2010 Number of Homes Sold: 7
2009 Average Days on Market: 179 First Quarter 2010 Average Days on Market: 152 Second Quarter 2010 Average Days on Market: 302
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.
Copyright 2010. Carol Fox. Allen Tate Realtors. *Matthews NC Real Estate Market Report—April-June 2010*
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