Matthews home prices rise in the first half of 2017

Matthews home prices rise in the first half of 2017
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The median sale price of a home sold in the first half of 2017 in Matthews rose by $44,500 while total sales decreased by 9.3%, according to BlockShopper.com.

From January through June of 2017, there were 245 homes sold, with a median sale price of $275,000 – a 19.3% increase over the $230,500 median sale price for the same period of the previous year. There were 270 homes sold in Matthews in the first half of 2016.

The median sales tax in Matthews for the most recent year with available data, 2015, was $2,131, approximately 0.8% of the median home sale price for the first half of 2017.

The following table compares Matthews to other Mecklenburg County cities in the first half of 2017:

City Jan. – June 2017 Home Sales Jan. – June 2016 Home Sales % change (Total Home Sales) Jan. – June 2017 Median Sales Price Jan. – June 2016 Median Sales Price % change (Median Sales Price)
Davidson 209 211 -0.9% $309,000 $320,000 -3.4%
Matthews 245 270 -9.3% $275,000 $230,500 19.3%
Huntersville 762 763 -0.1% $265,000 $240,000 10.4%
Cornelius 534 499 7% $260,000 $246,500 5.5%
Mint Hill 268 294 -8.8% $249,750 $234,000 6.7%
Pineville 112 117 -4.3% $203,750 $185,000 10.1%
Charlotte 8,939 8,857 0.9% $200,000 $185,000 8.1%
Wildwoods 10 4 150% $125,000 $90,500 38.1%
Stallings 0 3 -100% $0 $355,500 -100%


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