Want the very latest insight into our Lake Norman real estate market? So do I which is why, every month, I do a snapshot analysis of the middle two weeks of the month to get a sense of where we are at this very moment…an almost live insight into the heartbeat of the Lake Norman housing market.
I always get excited to do this Hot Sheet analysis each month because it provides me with the mid-month pulse of our Lake Norman real estate market. So where are we today? The numbers below actually confirm my concerns when I wrote my January market report. There are some positives but our actual closed and pending sales indicate that our closed sales in February will struggle to meet last year’s. Let’s take a closer look:
Lake Norman Real Estate’s February 2016 Two-Week Hot Sheet
* The above chart is a summary of today’s “Hot Sheet” from the Charlotte Multiple Listing Service for single family homes in all of Lake Norman. These numbers represent a real time snapshot of the past two week’s activity. (February 7th – 21st. As always, I have included the past 6 months so that you can put these numbers in perspective. Below is the January chart using my data since 2009.