Matthews Grove Market Report 2Q 2017
As an agent who lives in Matthews Grove and loves the community and all it has to offer, I wanted to get out an update on the 2nd Quarter Real Estate activity in our neighborhood!
I’m sure you’ve read a lot about the market and how strong it is, and it’s true! There’s a shortage of homes on the market, and buyers can have limited choices. Houses in good shape, priced right, and in good areas tend to sell quickly!
But how does this translate into Matthews Grove specifically?
So here we’ll take a look at the housing market and how Matthews Grove is doing, as well as an update of what’s for sale and moving in our community right now!
Matthews Grove April Thru June 2017
First, let’s take a look at the activity Matthews Grove has had recently. This is a look from April thru June 2017:
- 4 Sales
- Zero Expired without selling
- 2 Currently “Under Contract”
- 4 Currently for Sale
(If you’re curious, here’s the Matthews Grove houses currently for sale!)
That gives an average of just over 1 houses sold per month, so having 4 houses for sale right now with 2 Under Contract shows a good increase in activity! With the market as tight as it is, and a shortage of homes for sale, it’s not surprising to see that homes for sale in Matthews Grove are moving quickly!
Our Under Contracts median time on market was just 6 days, with a low of 3 days and a high of 9!
Out of 4 recent Sales – the average days on market was 28.5 days!
For comparison, the days on market across the entire Charlotte market is 48 days!
Price Per Square Foot – the price per square foot of the homes, which ranged from a low of just under $89.00/sf to over $106/sf, did not correspond directly with the time on the market. Setting the right price, or adjusting quickly based on market conditions, based on the condition of the property got the homes sold up and down the price and size range!
So if you’re considering selling and want the most activity on your listing and the best prices, it’s attention to the little details that matter.
If your house needs it, it’s worth it to invest in fresh (neutral) paint, carpet, clean the floors, declutter or stage, mow, fresh mulch.
Will it sell without any work? Well, probably. But the longer it sits on the market, the more buyers thing there’s something “wrong” with it. Honestly, if you’re thinking of a move, get with a trusted Realtor and listen to their advice!
Matthews Grove Prices
I know, I know. You’re wondering about prices.
Well, including closed as well as currently for sale, we range from a low of $232k to $350k.
(if you want to keep track of what’s going on in the neighborhood, I have a FREE Monthly Market Report I can send out to your email. You get to see what’s for sale, under contract, and sold! Just email me and I’ll get it to you!)
If you want to see all Matthews Grove houses currently for sale just click the link!
Matthews Grove This Month
I repeat this over and over, but throughout the market we have a shortage of homes for sale and many more buyers than there are houses.
With Spring coming, the busy season is coming and NOW is the time to be getting your home on the market!
Anyone can sell a house, but not everyone has lived in your community and can be a passionate advocate for it like I can! If you’ve been considering a move, I encourage you to reach out to me and let’s have a conversation about the market, your home, and how to navigate the complex and confusing process!
Have a great day!
Mahool Nance Team