Only a short drive from Uptown Charlotte, Matthews is a popular choice as a “move to” location in the south Charlotte area. It combines a small town feel in its historic downtown, modern suburbs, communities at every price point, and has lots of sidewalks, a great public library and a revitalized downtown. Matthews is the rare suburb that has a small town feel but offers all of the important shopping, dining and entertainment. About 35 minutes from uptown,there is Rapid Bus Transit to The Bank of America building daily.
Also stay tuned-I’ll be publishing a response to yesterdays misleading Observer story about the Charlotte market.
Matthews Alive, an annual Labor Day celebration draws folks from all over south Charlotte. Like to see more photos, try my Matthews Photo gallery.
Here is the Matthews Homes for Sales Report for single family homes:
| Median | |||||||||||
| Size (SF) | Price | CpSF $/sf | LYSold | ||||||||
| There are | 43 | Homes For Sale | Under | $250000 | but More Than | 000 | 1920 | 196688 | 102 | 517 | |
| There are | 154 | Homes For Sale | Under | $400000 | but More Than | $250000 | 2758 | 315667 | $114 | 250 | |
| There are | 85 | Homes For Sale | Under | $600000 | but More Than | $400000 | 3511 | 476783 | $136 | 123 | |
| There are | 39 | Homes For Sale | Under | $800000 | but More Than | $600000 | 4323 | 670262 | $155 | 55 | |
| There are | 11 | Homes For Sale | Under | $1000000 | but More Than | $800000 | 4732 | 891554 | $188 | 7 | |
| There are | 3 | Homes For Sale | OVER | $1000000 | just 3 | $1000000 | 4886 | 120760 | $247 | 9 |
Table notes (a work in progress, sorry if its not perfect) : LYSold, last column on right, is the number of units sold in this price range in the prior 12 months. Both price and size are the median for their price point. Year to year appreciation studies- based on SOLD average cost per square foot prices are available to clients.
A few thoughts about the market– generally Matthews has a very low absorption rate- contrary to some local “doom and gloomers” and while it has a lot of selection- like everywhere it is a strong buyers market, the homes do sell and remain comparatively undervalued to its more expensive further out neighbors. You may search the MLS for Matthews homes at any time by clicking the Red House, when asked City- find Matthews.
Fun things to do abound in Matthews: the Siskey YMCA is only a few minutes away offering an indoor pool, several indoor basketball courts, an extensive free-weights room, an extensive treadmill and weight machine room, many different types of exercise classes and a large outdoor water park. For those more interested in a tasty meal than a treadmill try the oysters at Vinnie’s in downtown Matthews. Then if you are there on a summer Saturday night walk over to Stumptown for Movies In The Park.
See the Rest of the Story
A Related Post- Matthews Alive- A Labor Day Celebration
If you’d like to search the MLS for homes in Matthews, NC click on the red house above. If you’d like to find out more about living in or moving to Matthews, NC, I lived there 7 years, so call me (Terry) direct at 704-351-1519.
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