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Friday, November 8, 2024

Matthews home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Matthews rose by $34,000 while total sales decreased by 24.6%, according to BlockShopper.com.

In October 2020, there were 46 homes sold, with a median sale price of $309,000 - a 12.4% increase over the $275,000 median sale price for the same period of the previous year. There were 61 homes sold in Matthews in October 2019.

The median sales tax in Matthews for the most recent year with available data, 2019, was $2,484, approximately 0.8% of the median home sale price for October 2020.

The following table compares Matthews to other Mecklenburg County cities in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Stallings21100%$396,500$318,00024.7%
Cornelius100964.2%$369,000$260,00041.9%
Davidson402653.8%$365,000$440,000-17%
Mint Hill4953-7.5%$331,500$295,00012.4%
Huntersville127133-4.5%$329,000$275,00019.6%
Matthews4661-24.6%$309,000$275,00012.4%
Pineville201717.6%$264,500$277,500-4.7%
Charlotte1,7281,50015.2%$263,500$225,00017.1%
Wildwoods21100%$173,000$155,00011.6%

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