Quantcast

Old North News

Friday, November 1, 2024

February 2021: Matthews experienced a 8.5% drop in median home prices

Re 4

The median sale price of a home sold in February 2021 in Matthews fell by $36,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In February 2021, there were two homes sold, with a median sale price of $389,500 - a 8.5% decrease over the $425,500 median sale price for the same period of the previous year. There were two homes sold in Matthews in February 2020, as well.

The median sales tax in Matthews for the most recent year with available data, 2019, was $2,181, approximately 0.6% of the median home sale price for February 2021.

The following table compares Matthews to other Union County cities with similar median sale prices in February 2021:

CityFeb. 2021 Home SalesFeb. 2020 Home Sales% change (Total Home Sales)Feb. 2021 Median Sales PriceFeb. 2020 Median Sales Price% change (Median Sales Price)
Marvin36-50%$935,000$611,25053%
Weddington104150%$637,250$473,00034.7%
Wesley Chapel7475%$500,000$266,00088%
Matthews220%$389,500$425,500-8.5%
Waxhaw3444-22.7%$370,500$357,0003.8%
Unionville3250%$356,000$180,00097.8%
Stallings711-36.4%$333,000$305,0009.2%
Indian Trail2843-34.9%$317,500$280,00013.4%
Hemby Bridge20-$260,500$0-
Marshville35-40%$256,000$161,50058.5%
Monroe3042-28.6%$255,500$245,2504.2%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS