Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s May 2017 Hot Sheet is Here!

Lake Norman Hot Sheet Home Sales

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 a mid-month pulse of our Lake Norman real estate market.  So where are we today?  After a stunning March and strong April, it looks like this trend is continuing in May and beyond. Let’s take a closer look:

Lake Norman Real Estate’s May 2017 Two-Week Hot Sheet

Lake Norman Market Report May 2017

* 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. (May 7th – 21st).  As always, I have included the past 6 months so that you can put these numbers in perspective. Below is the May chart using my data since 2009.

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s April 2017 Market Report: Hot and ?

My hot-of-the-press April numbers, both closed sales and new contracts, indicate that our Lake Norman real estate market is in a major streak of very strong housing activity.  No more roller coaster rides after February’s unexpected dive.  While not matching March’s record breaking sales of 180, the 150 closed sales in April are the the best April since 2005 and 9% higher than last April’s. Plus, check out our new Under Contract and Pending numbers! Let’s take a closer look:

Lake Norman real estate Market Report April 2017

* All data is from the Carolina Multiple Listing Service.

Some significant additional statistics for you:

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s April 2017 Hot Sheet

Lake Norman Hot Sheet Home Sales

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 a mid-month pulse of our Lake Norman real estate market.  So where are we today?  After a stunning March, I see mixed messages from the numbers below. Let’s take a closer look:

Lake Norman Real Estate’s April 2016 Two-Week Hot Sheet

Lake Norman Hot Sheet Market Report April 2017

* 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. (April 8th – 22nd).  As always, I have included the past 6 months so that you can put these numbers in perspective. Below is the April chart using my data since 2009.

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s 1st Quarter 2017 Market Report by Price Range: Great Tool for Buyers and Sellers!

If you are a home buyer or seller in the Lake Norman area it really only matters what is happening in YOUR price-range. Yes, it is important to know about the global economy, the national economy and the Charlotte area economy and real estate market but real estate is hyper-local so it is most meaningful for you to learn about the Lake Norman real estate market and within that, your specific niche. For instance, if you are looking to buy or sell in the $900,000 price range, you are going to have an entirely different experience than someone in the $800,000’s. This is the reason why I create a price-range analysis every quarter for my readers:

Lake Norman’s 1st Quarter 2017 Home Sales By Price Range

Lake Norman Real Estate's Market Report by Price Range

*Compiled from the Carolina Multiple Listing Service’s data, this chart enables you to focus on your specific price range(s) rather than use the broad-brush approach thus allowing you to size up your competition and better position yourself.  

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s March 2017 Market Report is Jaw Dropping!

Wow, Lake Norman’s  real estate market has seriously been taking us on a roller coaster ride in 2017.  January home sales were up 30%, February home sales were down 34% and now this! Our March home sales were up a HUGE 73% compared to last March and it was’t just the best March ever by a long shot,  but was the 5th highest monthly sales in 12 years! Now we need to get into the details to find out exactly what contributed to this amazing month. Let’s take a closer look:

Lake Norman Market Report for March 2017

* All data is from the Carolina Multiple Listing Service.

Some significant additional statistics for you:

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s March 2017 Hot Sheet

Lake Norman Hot Sheet Home Sales

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 a mid-month pulse of our Lake Norman real estate market.  So where are we today?  The numbers below actually confirm my thoughts when I wrote my February market report. After a serious dip in February it looks like our housing market is back on track or even better. Let’s take a closer look:

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Lake Norman Real Estate Market Reports

Lake Norman Real Estates February 2017 Market Report: Yikes!

Wow, Lake Norman’s February home sales were stunning, but not in a good way: they were DOWN a whopping 34% compared to last February and the worst February since 2012,  The only thing that I can say is that if you have been reading my market reports you know this drop was anticipated but I honestly didn’t think our closed sales would come in quite so low. Not to fret, however, this is not the whole story. What’s next? Let’s take a closer look:

Lake Norman real estate's February 2017 Market Report

* All data is from the Carolina Multiple Listing Service.

Some significant additional statistics for you:

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