December 12, 2018

November 2018 Matthews, NC Real Estate Market Conditions

By Julie Tuggle

As of November 30, 2018, the percentage of original price received nudged down from 98.7% from last year to 97%, a decrease of 1.7%. However, shrinking inventory remains a significant issue. The number of homes for sale slid by 8.4% from November, 2017 to 175 units. This leaves the number of months supply of homes for sale at only 1.9%, unchanged from 2017. As we’ve seen in past reports, the lack of supply has propped up the price once again, as the median sales price has bumped up from $263,500 from last November to the current median price of $287,500.

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Carolina Buyer's Agent Julie Tuggle

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