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Saturday, November 16, 2024

Pricing for the median home in Matthews increased during September 2020

Realestate077

The median sale price of a home sold in September 2020 in Matthews rose by $78,000 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In September 2020, there were four homes sold, with a median sale price of $419,000 - a 22.9% increase over the $341,000 median sale price for the same period of the previous year. There were four homes sold in Matthews in September 2019, as well.

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 September 2020.

The following table compares Matthews to other Union County cities with similar median sale prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Marvin9812.5%$960,000$746,25028.6%
Weddington312-75%$545,000$608,500-10.4%
Fairview10-$510,000$0-
Waxhaw4553-15.1%$450,000$399,50012.6%
Matthews440%$419,000$341,00022.9%
Wesley Chapel7540%$400,000$465,000-14%
Stallings819-57.9%$314,250$301,5004.2%
Indian Trail1741-58.5%$292,500$260,00012.5%
Marshville26-66.7%$279,500$169,25065.1%
Unionville21100%$270,000$312,500-13.6%
Lake Park26-66.7%$242,500$243,500-0.4%

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