From July through September of 2020, there were six homes sold, with a median sale price of $455,000 - a 69.5% increase over the $268,500 median sale price for the same period of the previous year. There were 10 homes sold in Matthews in the third quarter of 2019.
The median sales tax in Matthews for the most recent year with available data, 2019, was $2,181, approximately 0.5% of the median home sale price for the third quarter of 2020.
The following table compares Matthews to other Union County cities with similar median sale prices in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Weddington | 23 | 48 | -52.1% | $786,000 | $637,500 | 23.3% |
| Marvin | 21 | 37 | -43.2% | $735,000 | $675,500 | 8.8% |
| Fairview | 5 | 3 | 66.7% | $510,000 | $189,000 | 169.8% |
| Matthews | 6 | 10 | -40% | $455,000 | $268,500 | 69.5% |
| Waxhaw | 117 | 203 | -42.4% | $445,000 | $425,000 | 4.7% |
| Wesley Chapel | 18 | 34 | -47.1% | $427,500 | $440,000 | -2.8% |
| Mineral Springs | 2 | 10 | -80% | $355,000 | $227,500 | 56% |
| Stallings | 30 | 64 | -53.1% | $307,500 | $282,250 | 8.9% |
| Indian Trail | 72 | 169 | -57.4% | $288,500 | $260,000 | 11% |
| Unionville | 5 | 11 | -54.5% | $255,500 | $312,500 | -18.2% |
| Lake Park | 3 | 16 | -81.3% | $240,000 | $235,000 | 2.1% |
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