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Lake  Norman Area Christmas Parades, Holiday Events and Celebrations 2019

Christmas Tree Lighting in Lake Norman

Our Lake Norman communities are humming with an amazing array of parades, festivities and celebrations during the holidays.  From small town parades to Christmas bazaars, old fashioned horse-drawn carriages, hot apple cider, carolers, Santa and even a sailboat parades, you will find myriad ways to celebrate your holidays. It is amazing how Santa gets around Lake Norman!   Here are some of the biggest include events in every town on Lake Norman to get you started. Don’t wait because some event start this weekend!!!  Continue reading

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Lake Norman real estate's December holiday greeting and calendar

Download this month’s Lake Norman calendar here

Wow, it seems like Thanksgiving was just yesterday (well, actually, it was!) and here I am posting my December 2019 desktop calendar with images of snow and warm holiday wishes!

With the crazy weather this year I wonder if we will have a lot of snow or none at all?  That’s one thing about our Lake Norman winters, they can be so mild that we just get a dusting of snow or we can get one or two good snows.  No matter what, have a fun holiday season. I wish you all a safe and wonderful Christmas and New Year’s Eve!

I would love to use one of your favorite photos depicting life here in Lake Norman. (Optimum size is a landscape photo about 2MB or about 1600 x 1200 pixels). I will give a $25 Gas Card to anyone who provides a photo that I use as one of my monthly calendars. If you’d like to submit a photo or an idea for a future calendar, please send it to…diane@dianeaurit.com

To receive all of my updates about Lake Norman Real Estate, subscribe here

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Lake Norman Real Estate’s December 2019 Calendar

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Historic Downtown Mooresville, Lake Norman News, Events and Celebrations

Lake Norman Area’s Christmas Parades and Holiday Events and Celebrations 2019

Our Lake Norman communities are humming with an amazing array of parades, festivities and celebrations during the holidays.  From small town parades to Christmas bazaars, old fashioned horse-drawn carriages, hot apple cider, carolers, Santa and even sailboat parades, you will find myriad ways to celebrate your holidays. It is amazing how Santa gets around Lake Norman!

Here are some of the biggest to get you started:

Lake Norman's Birkdale Village Christmas Tree

Christmas Tree at Birkdale Village’s main square

HUNTERSVILLE and BIRKDALE VILLAGE

Huntersville Christmas and Town Center Tree Lighting December 6th-7th: at the Huntersville Town Center including holiday activities, carolers, horse-drawn carriages, pictures with Santa. Friday evening December 6th from 6-7:00 pm (tree lighting at 7pm) and Saturday, December 7th from 2-8pm.

Birkdale Village started their Christmas celebrations on November 14th but there are plenty of opportunities to see Santa.  See the link for times and more information.

Breakfast with Santa at Birkdale Village is Saturday, December 7th at 8:30am and 9:45.   The rest of the season visitors of Birkdale Village can enjoy the beautiful displays/decorations and even photos with Santa . (Not to mention some of the best shopping and restaurants in Lake Norman!)

Lighting up the Lake: December 8th: Colin Furcht hosts a boat parade that begins at Blythe Landing and makes its way up to Ramsey Creek about 6pm and the arrives at its final stop at Duke Energy Explorium at 7:00pm.  There will be food trucks, music and Santa.  Admission is free but please bring an unwrapped toy for Little Smiles. For more information: cbaycharlotte@gmail.com.

MOORESVILLE

LangTree Lake Norman Annual Christmas Tree Lighting: Saturday, November 16th 5-8pm.  If you missed this event you can still enjoy the beautiful tree and more holiday events.  See their Facebook Page.

Mooresville’s Christmas Parade is before Thanksgiving? Yep, it is Tuesday, November 26th starting at 3:30. It is a long story, but I guess each town around Lake Norman and Charlotte was designated a different week for their parades and Mooresville ended up with the Tuesday before Thanksgiving!

This year is the 75th Annual Mooresville Christmas Parade. It  just keeps getting bigger and better every year yet organizers work hard to make sure it retains its ‘home town’ feel. Entries include floats, bands, and performers traveling down Main Street in Historic Downtown Mooresville. These will include marching bands, Scout troops, dance schools, floats and Santa! 12,000 – 15,000 of our local residents come out each year to enjoy the fun so get there early, especially if you want a good spot in the heart of Downtown.

Mooresville's Annual Christmas Parade

November 29th-31st :  “Downtown’s Holiday Light Spectacular” | An orchestrated light show that includes over 150,000 lights set to music. Light show runs nightly through late December. On the lawn at Town Hall –  413 N. Main St. Free!

December 13th and 20th:  Celebrate the Holidays in Downtown Mooresville  |Music, Santa visits, Christmas Tree Lane, Wagon Rides, 75,000 Holiday Light Spectacular & more!!  6pm – 8pm & activities take place on Broad & Main Streets. Loading and unloading for wagon rides takes place at the Christian Mission on Broad Street. Santa visit and wagon ride loading ends promptly at 8pm

December 2nd:  The 9th Annual Holiday Children’s Party. Join in the fun and don’t forget to dress to impress because Santa and Rudolph will be there to take complimentary photos!  From 9am-11am at The Charles Mack Citizen Center, 215 N. Main St. Brought to you by the Town of Mooresville.

Light up the Lake! Boat parade hosted by the Lake Norman Yacht Club on Dec. 1st. It begins at the Lake Norman Yacht Club and ends at Hello Sailor at 7pm.  Please bring an unwrapped toy for Toys for Tots!

DAVIDSON

North Mecklenburg Christmas Parade: December 1st. High School bands, school groups, horses, tractors, and civic organizations get you into the holiday spirit.  Parade starts at 1:00 in Davidson at the intersection of Griffith Street and Highway 115 and goes to Catawba Avenue in Cornelius.

Christmas in Davidson  is, hand’s down, my favorite event of the season.  Mark your calendars for December 5-7th from 6-9 pm!  Christmas in Davidson is an event started by our business community over 30 years ago. We try to honor its history as well as keep things current. As our core values state, the physical, social and intellectual well-being of Davidson citizens is fundamental to our community, so we will provide and encourage enjoyable, safe, and affordable recreational and cultural opportunities in town.  There is something fun and entertaining for everyone of all ages at Christmas in Davidson!

Davidson’s Holiday Gala: December 2nd and 3rd: In its 7th season, the Holiday Gala continues to delight sold-out audiences. The unofficial beginning of the town’s annual “Christmas in Davidson” event, the Holiday Gala brings together the college choirs, symphony orchestra and jazz band with local community talent to ring in the holiday with dancing, singing, festive lights and seasonal sounds. Get your tickets before they’re gone and see for yourself why the Holiday Gala is our newest beloved holiday tradition!

Community Chanukah Party  December 15th at Temple Kol Tikvahh of Lake Norman at 19600 Zion Ave. Cornelius.

CORNELIUS
Light Up Cornelius is the Town of Cornelius’s annual tree lighting ceremony  and a visit with Santa on the lawn at Cornelius Town Hall on Saturday, November 30th, 2019, from 4:00 – 7:00 pm. They will turn on the lights at 5:30 pm.  Enjoy community group performances, holiday songs by local performers, children’s activities, carriages rides, arts & crafts and more!
DENVER

Denver’s Tree Lighting is Sunday December 1st at 5:50!

The 2019 Christmas Parade will be held on Saturday, December 7th  from 12:30 to 2:30pm, starting on North Pilot Knob and Hager’s Ferry Rd, proceeding north to Captain’s Cap.  There is NO Rain Date.

STATESVILLE

Statesville’s 13th annual Christmas Parade: December 8th starting at 3:00pm in Downtown Statesville on Center Street. Sponsored by the 30th Masonic District

TROUTMAN

Troutman’s Christmas Parade and Toys for Tots: December 7th at 11:00am

OTHER SPECIAL EVENTS in our area:

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s October 2019 Market Report

Lake Norman Real Estate's October 2019 Market Report

All data is from the Canopy/Carolina Multiple Listing Service.

As our numbers from last month predicted, Lake Norman home sales in October were very strong: a 23% increase over last year’s and a 14% increase over last month’s. This month’s sales also exceeded all prior October home sales since 2005 by a significant amount! (See green chart below). Yes, we are up against some weak 2018 numbers but the fact that we also beat our 2017 record-breaking October is truly impressive especially when you consider how low our inventory of active listings is today. And, this trend looks to be continuing throughout the rest of this year. Let’s look at my comprehensive report below which will provide deeper insight into where we are headed as well as details regarding this month’s sales.

Here are what I feel to be the biggest takeaways from October’s Lake Norman real estate sales data:

  • Our current month’s of supply (absorption rate) is only 3.15 which is a record low.  We are still very much in a seller’s market.  (A balanced market is 6 months of inventory).
  • Lake Norman’s home sales for the first 10 months of 2019 are now 4.4% higher than 2018’s and 3% above 2017 which was Lake Norman’s highest year of sales ever!
  • The average sales price was up 7% compared to last year’s.  To learn more, scroll down to the sales by price range below.
  • Our inventory of active listings is significantly lower than last year’s. (-22% or a whopping 169 fewer than last year’s!). Normally our inventories  start to decline after their summer peaks but there is no doubt that this year’s numbers are exceptionally low, period!
  • Our newest contracts (UCS) are up 19% while our pending sales (UCNS) are up an impressive 31%. It looks like our Lake Norman home sales will be strong through the end of the year after the 3-month slowdown during the summer.  This is remarkable given our record low inventory!
  • October’s waterfront home sales put this niche in a sellers market with just 4.43 months of supply but it remains weaker than our overall Lake Norman real estate market.
  • New construction sales represented 22% of our overall market in October and today they represent 28.4% of our new contracts.

Let’s take a closer look:

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Lake Norman Real Estate's November 2019 Desktop Calendar

Download this month’s Lake Norman calendar here

I don’t know about you but I never get tired of gorgeous Lake Norman sunsets.  Imagine if this was your view every evening! While searching for a November desktop calendar photo this one spoke to me because it is ablaze with autumn’s colors. Fall weather came late here so we are just starting to see leaves turning.  Usually by now our streets and the Lake Norman shoreline would be lined with myriad reds, oranges and yellow tones thanks to our many amazing trees like Maples, Poplar’s, Dogwoods, Crepe Myrtles and Sweetgums.  We are very fortunate to have so many gorgeous hardwood trees, truly one of the reasons we moved here so many years ago from California.

I would love to use one of your favorite photos depicting life here in Lake Norman. (Optimum size is a landscape photo about 2MB or about 1600 x 1200 pixels). I will give a $25 Gas Card to anyone who provides a photo that I use as one of my monthly calendars. If you’d like to submit a photo or an idea for a future calendar, please send it to…diane@dianeaurit.com

To receive all of my updates about Lake Norman Real Estate, subscribe here

Lake Norman photos

Lake Norman Real Estate’s November 2019 Calendar

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s 3rd Quarter 2019 Sales by Price Range

Lake Norman real estate sales by price range 3rd quarter 2019

*Compiled from the Carolina/Canopy Multiple Listing Service’s data.  Note that the numbers in this chart are generated by a technology expert I hired and not by me. The mapped perimeter of our Lake Norman area that he used for this chart’s numbers is slightly different from mine.

Despite a few weaker months, Lake Norman’s overall real estate market in the 3rd quarter of this year remained very much in a seller’s market. However, there were some fascinating sub-trends within price-ranges in the past 3 months as you can see above. By far the best way to truly understand our hot and cold niches is by analyzing our single family home sales by price-range which is why I create this chart each quarter.

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s September 2019 Market Report

Lake Norman real estate market report

All data is from the Carolina Multiple Listing Service.

At first glance our Lake Norman home sales for September look remarkable: a 20% increase over last year’s. But I encourage you to never take any real estate numbers out of context as they are pretty meaningless by themselves. What you need to know about this past September’s 20% increase is that we were up against an unusually low number of sales in September 2018. So, the whole picture includes the fact that our 170 sales still puts us below September of 2017, 2016 and 2005. We also dropped 19% from last month’s sales. Okay, our sales weren’t exactly stellar after all.  But, there is actually a lot of good in my comprehensive report below which bodes well for our last quarter and will provide deeper insight into where we are headed as well as details regarding this month’s sales.

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Lake Norman News, Events and Celebrations

Lake Norman’s 2019 Halloween Events, Pumpkin Patches & More!

Happy Halloween Lake Norman!

Every year at this time the Lake Norman area comes alive with pumpkin patches, corn mazes, Halloween festivities for all ages and homes decorated to welcome all of our young trick -or -treaters. Many of our subdivisions and communities around Lake Norman have their own neighborhood events that are really popular and are a great way to get to know your neighbors.  But here are some more options from kid-friendly to oh-so scary.  New events have been added this year!

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Lake Norman real estate's October 2019 Desktop Calendar

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Lake Norman Real Estate’s October 2019 Desktop Calendar

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s August 2019 Market Report

Lake Norman Real Estate Market Report August 2019

All data is from the Carolina Multiple Listing Service.

We knew we were up against some huge sales numbers for last August so it came as no surprise that our Lake Norman home sales in August ended up 14% below August 2018’s. On the plus side our August sales were 9% higher than last month’s. August was the 3rd consecutive month that our Lake Norman home sales fell below last year’s. After a great start to 2019 we have definitely experienced a softening of our housing market. We are now just 2 sales higher than the first 8 months of 2018.  My numbers below should provide some deeper insight into where we are headed as well as details regarding this month’s sales.

Here are what I feel to be the biggest takeaways from August’s Lake Norman real estate sales data:

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Lake Norman Real Estate's September 2019 Calendar

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Lake Norman Real Estate’s September 2019 Desktop Calendar

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s July 2019 Market Report

Lake Norman real estate market report spreadsheet

All data is from the Carolina Multiple Listing Service.

So, despite pretty strong under contract and pending sales on last month’s market report, our Lake Norman home sales in July were not only 7% below July 2018’s but they were also 16.9% below last month’s. July was the second month in a row that our Lake Norman home sales were below last year’s. After a great start to 2019 we are definitely experiencing a softening of our housing market. Despite these drops, we are still 2.8% higher for the first 7 months of 2019 compared to 2018.  My numbers below should provide some deeper insight into where we are headed as well as details regarding this month’s sales.

Here are what I feel to be the biggest takeaways from July’s Lake Norman real estate sales data:

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Lake Norman Real Estate Market Reports

Lake Norman’s 2nd Quarter 2019 Home Sales by Price Range

Lake Norman real estate's 2nd quarter 2019 home sales by price

*Compiled from the Carolina Multiple Listing Service’s data.  Note that the numbers in this chart are generated by a technology expert I hired and not by me. The mapped perimeter of our Lake Norman area that he used for this chart’s numbers is slightly different from mine.

Lake Norman’s overall real estate market in the 2nd quarter of this year continued our strong pace that began in January, (With the exception of June.) However, there were some fascinating sub-trends within price-ranges in the past 3 months as you can see in above chart. By far the best way to truly understand our hot and cold niches is by analyzing our single family home sales by price-range which is why I create this chart each quarter.

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Lake Norman Real Estate's August 2019 Desktop Calendar

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Lake Norman Real Estate’s August 2019 Calendar

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s June 2019 Market Report

Lake Norman Real Estate's June 2019 Market Report

All data is from the Carolina Multiple Listing Service.

So, our lower pending sales numbers in Lake Norman last month did, in fact, result in a decline in closed sales in June, posting a 12% drop from June 2018’s and a 6.3% decline compared to last month’s. This was the first month in 2019 that our Lake Norman home sales were below last year’s. Despite this modest drop we are still 4.4% higher for the first 6 months of 2019 compared to 2018.  My numbers below should provide some deeper insight into where we are headed as well as details regarding this month’s sales.

Here are what I feel to be the biggest takeaways from June’s Lake Norman real estate sales data:

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Lake Norman Real Estate's July Desktop calendar

Download this month’s Lake Norman calendar here

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Lake Norman Real Estate’s July 2019 Calendar

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Lake Norman News, Events and Celebrations

Lake Norman water levels are at full pond!

Lake Norman water levels when full

Wow, we have had a lot of rain this weekend and more is on the way!  I just wanted to give you all a heads up that Lake Norman is officially at “full pond”.  I drove around and the water is even topping over a few walkways out to docks.  It is quite beautiful! Here is the update from Duke Energy.  Remember that we have the Cowan’s Ford Dam mentioned below so the water will spill down to Mountain Island Lake where there may be some flooding.

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s May 2019 Market Report

Lake Norman real estate market report* All data is from the Carolina Multiple Listing Service.

Our Lake Norman’s real estate market posted record sales again in May with an impressive 12% gain over May 2018 and a 27% increase over last month’s. Wow! The first five months of 2019 stand out not only for their 9.3% total increase over 2018 but also for their consistency.  Each month exceeded last year’s and also increased over the prior month as well.  Consistency like this is very rare here in Lake Norman. It is even more interesting considering that this follows on the heels of a very a rough end to 2018.  My numbers below should provide some deeper insight into where we are headed as well as details regarding this month’s sales.

Here are what I feel to be the biggest takeaways from May’s Lake Norman real estate sales data:

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Lake Norman Real Estate's June 2019 Desktop Calendare

Download this month’s Lake Norman calendar here

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Lake Norman Real Estate’s June 2019 Calendar

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Lake Norman Real Estate's May 2019 Desktop Calendar

Download this month’s Lake Norman calendar here

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Lake Norman Real Estate’s May 2019 Calendar

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s 1st Quarter 2019 Market Report by Price-Range

Lake Norman’s 1st Quarter 2019 Home Sales By Price Range

Lake Norman Real Estate's Price Range Market Report 1st quarter 2019

*Compiled from the Carolina Multiple Listing Service’s data.  Note that the numbers in this chart are generated by a technology expert I hired and not by me. The mapped perimeter of our Lake Norman area that he used for this chart’s numbers is slightly different from mine.

Lake Norman’s overall real estate market in the first quarter of this year experienced a solid upswing after a very weak 4th quarter. However, there were some rather dramatic and inexplicable sub-trends within price-range groups both up and down within our market these past 3 months. These will be quite evident as you study the chart above. The best way to understand our hot and cold niches is by analyzing our sales by price-range which is why I create this chart each quarter.

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Lake Norman real estate's desktop calendar

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Lake Norman Real Estate’s April 2019 Calendar is Purrrfect!

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Lake Norman Real Estate's March 2019 Desktop Calendar

Download this month’s Lake Norman calendar here

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Lake Norman Real Estate’s March 2019 Calendar is Here!

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Just the facts about Lake Norman, Property Tax Rates

Lake Norman property tax rates by county and city

 Lake Norman Propery Real EstateTax

 Lake Norman’s low property taxes are one of the attractions for home buyers considering a relocation to our beautiful area.  However, because Lake Norman falls in 4 different counties and ten towns for prospective home buyers it can be a bit of a challenge trying to get a sense of what their property taxes will be in any given location.

A special note!  I just updated the numbers below to our 2018 tax rates.  All properties were just reassessed for 2019 as they are every 8 years in North Carolina.  The last reassessment was 2011 and the next will be 2027. The new assessed values are just coming out and some properties have risen more than others so make sure to find out the new assessed value of a property of interest to you! These new assessed values will be used in our upcoming 2018-2019 tax bills.

Below are links to all of the county website pages that provide all of the information you will need.  In addition, here are a few helpful hints: Continue reading

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 Lake Norman Real Estate's February 2019 Calendar

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Lake Norman Real Estate’s February 2019 Calendar

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lake norman real estate

Lake Norman Real Estate’s 4th Quarter 2018 Market Report by Price Range

Lake Norman experienced a dramatic slowdown in our 4th quarter but that doesn’t mean there weren’t “hot” niches.  The best way to understand our hot and cold niches is by analyzing our sales by price range which is why I create this chart each quarter.

If you are a home buyer or seller in the Lake Norman area it matters most what is happening in YOUR price-range. Yes, it is important to know about the global, national, and 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. And, if you considering a broader range of prices, this chart can help you develop a more effective strategy by narrowing your search based upon actual strengths and weaknesses within our Lake Norman price ranges.

The single most important number in this chart is the last column which provides that month’s of supply for each price range.  Keeping in mind that economists use 6-months supply as a balanced market and anything below that as a seller’s market and above 6 months as a buyer’s market, you can quickly determine this past quarter’s strengths and weaknesses.  Overall, at 5.77 months of supply of active listings, Lake Norman ended the year in a balanced market.

Lake Norman’s 4th Quarter 2018 Home Sales By Price Range

Lake Norman real estate home sales by price range 4th quarter 2018

*Compiled from the Carolina Multiple Listing Service’s data.  Note that the numbers in this chart are generated by a technology expert I hired and not by me. The mapped perimeter of our Lake Norman area that he used for this chart’s numbers is slightly different from mine.

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lake norman real estate, Lake Norman Real Estate Market Reports

Lake Norman Market Trend Graphs in Real Time!

In November I launched a new feature on my Lake Norman Real Estate site.  I now have a real-time automatically updated graph of the number of active listings and homes sold in all of Lake Norman by month for the past three years.  These easy to read graphs provide simple but great insight into today’s trends in an historical context.  To get the latest number just click on Lake Norman Market Trends. .

Here are this month’s graphs:

Lake Norman homes sold for past 3 years graph by month

 

*Note that the sales numbers aren’t updated until the 20th of each month.

Above is the graph of single family homes sold in Lake Norman for the past 6 months.  You can clearly see our record-breaking months from May – August and then our nose dive in September with a slight uptick in October, down in November and December.   I discussed this in detail in the Lake Norman Real Estate Market Report December 2018.

 

Lake Norman real estate graph of homes sold trends

 

Above is the active listing graph.  As you can see our inventory of active listings was significantly lower from June – September compared to prior years and as of today are actually about even with the past 2 Decembers.  Keep in mind that those years we also had very low inventory of homes for sale!

I will update this post monthly for you!

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Lake Norman News, Events and Celebrations

Lake Norman water levels are high again! Updated Jan. 5th 2018

lake norman water levels when high

Duke Energy just released the warning below with an update and caution due to yet another storm that arrived today. Due to our unusually high amounts of rain and snow, our Lake Norman water levels have been unusually high this past month.  100′ is full pond so at 98.6 we have some wiggle room but based upon the Duke Energy warning below, we can expect increasing lake water levels for the next few days at least. To get an idea of what it looks like when Lake Norman is a “full pond”  I took this photo a few years ago when it was at full pond and as  you can see even the dock is slightly under water!

Here is the official update from Duke Energy from today, January 5th.

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Lake Norman Real Estate's January 2019 Calendar

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Lake Norman Real Estate’s January 2019 Calendar

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Lake Norman News, Events and Celebrations

Lake Norman New Year’s Eve Celebrations 2018/2019

Lake Norman real estate's New Year's Eve 2019 Image

Lake Norman and the greater Charlotte area don’t have just one major New Years’ celebration or event, instead we have myriad ways to celebrate on New Year’s Eve 2018 and New Year’s Day 2019. Our public celebrations are, for the most part, found at local restaurants and entertainment venues spread throughout Lake Norman and Charlotte. From cruises on our beautiful Lake Norman to elegant 5-course dinners to rockin’ oldies bands, there truly is something for everyone.

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s November 2018 Market Report

Lake Norman’s real estate market continued its dramatic downturn in November with a 26% drop in home sales compared to last year and a 31% drop from last month’s.  While this was the 4th best November since 2005 this certainly isn’t enough to restore our confidence. No matter what factors have contributed to our weakening housing market, we have been battered with three months and there is nothing to suggest this will change in the next few months given our low pending sales and new contracts’ numbers compared to last year. My numbers below should provide some deeper insight.

Here are what I feel to be the biggest takeaways from last month’s Lake Norman real estate sales data:

  • Our Lake Norman home sales were down for the third consecutive month and our year-to-date sales are down -3.6% compared to 2017.
  • Our inventory of active listings remains historically low, (13 fewer than last year), as they have been all year, never reaching our normal summer highs.  It is hard to quantify but there is no doubt that the low inventory does have a negative impact on our Lake Norman’s home sales.
  • Our pending sales and our newest contracts (UCS) are down which indicates a continuation of the slowdown for the rest of 2018.
  • Waterfront homes moved back into a buyers’ market.
  • I want to share with you again this great interactive calculator for determining rent vs. own costs from the New York Times!

Let’s take a closer look:

Lake Norman real estate market report for November 2018

All data is from the Carolina Multiple Listing Service.

Some significant additional statistics for you:

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LKY Realty December 2018 Calendar Lake Norman                                                                                     Download this month’s Lake Norman calendar here

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Lake Norman Real Estate’s December 2018 Calendar

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Historic Downtown Mooresville, Lake Norman News, Events and Celebrations

Lake Norman’s Christmas and Holiday Events and Celebrations 2018!

 

Important Update!
For the 2019 list go to:  Lake Norman Area’s Christmas Parades, Holiday events and Celebrations 2019

 

Our Lake Norman communities offer an amazing array of festivities and celebrations during the holidays.  From small town parades to Christmas bazaars, old fashioned horse-drawn carriages, hot apple cider, carolers, Santa and even a sailboat parade, you will find myriad ways to celebrate your holidays. It is amazing how Santa gets around Lake Norman!

Here are some of the biggest to get you started:

Lake Norman's Birkdale Village Christmas Tree

Christmas Tree at Birkdale Village’s main square

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s October Market Report

As predicted, Lake Norman’s real estate numbers for October continued their downturn for a second month in a row. We logged in a total of 150 home sales, a 14% drop when compared to last October but a 13.6% increase over last month’s. So, while disappointing, not nearly as severe a decline as we experienced in September. And, this was the 4th best October in since 2005. Was Hurricane Florence a factor? No matter what factors have contributed to our weakening housing market, there is clearly a downward trend that will continue through the end of this year.  Our low pending sales and new contracts’ numbers compared to last year are both down which substantiates this trend. My numbers below should provide some insight.

Here are what I feel to be the biggest takeaways from last month’s Lake Norman real estate sales data:

  • Our Lake Norman home sales were down for the second consecutive month and our year-to-date sales are down -2.6% compared to 2017.
  • Our inventory of active listings remains historically low, (44 fewer than last year), as they have been all year, never reaching our normal summer highs.  It is hard to quantify but there is no doubt that the low inventory does have a negative impact on our Lake Norman’s home sales.
  • Our pending sales and our newest contracts (UCS) are down which indicates a continuation of this slowdown for the rest of 2018.
  • Waterfront homes moved back into a buyers’ market.
  • I want to share with you again this great interactive calculator for determining rent vs. own costs from the New York Times!

Let’s take a closer look:

Lake Norman Real Estate Sales Analysis

All data is from the Carolina Multiple Listing Service.

Some significant additional statistics for you:

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Lake Norman Real Estate Calendar image of hay field at sunrise

Lake Norman Real Estate’s November 2018 Calendar

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Lake Norman Real Estate’s November 2018 Calendar

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s 3rd Quarter 2018 Sales by Price Range

Our 3rd Quarter 2018 price range analysis is fascinating because it reveals strengths and weakness not by groupings like luxury homes, trade-up or first-time buyer as is normally the case but rather by price ranges within these groupings.  If you compare this chart to the second chart below for the same quarter in 2017 you will see further evidence of these rather quirky numbers.

Why do I create a price-range analysis every quarter for my readers and clients? Because 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, national, and 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 $700,000 price range, you are going to have an entirely different experience than someone in the $800,000’s. And, if you considering a broader range of prices, this chart can help you develop of more effective strategy by narrowing your search based upon actual strengths and weaknesses within our Lake Norman price ranges.

Lake Norman’s 3rd Quarter 2018 Home Sales By Price Range

Lake Norman home sales by price range 3rd quarter 2018

 

*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 News, Events and Celebrations

Lake Norman’s 2018 Halloween Events, Pumpkin Patches & More!

Happy Halloween Lake Norman!

FOR 2019 go to:  Lake Norman’s 2019 Halloween Events, Pumpkin Patches and More! (New events added!)

 

Every year at this time the Lake Norman area comes alive with pumpkin patches, corn mazes, Halloween festivities for all ages and homes decorated to welcome all of our young trick -or -treaters. Many of our subdivisions and communities around Lake Norman have their own neighborhood events that are really popular and are a great way to get to know your neighbors.  But here are some more options from kid-friendly to oh-so scary:

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s September Market Report

Lake Norman’s real estate numbers for September took a rather dramatic downturn. We logged in a total of 132 home sales (100 less than last month!), a whopping 35% drop when compared to last September and a 43% drop from last month’s. And, this was the worst September since 2013. Yikes!  Was Hurricane Florence a factor? After four very strong months our Lake Norman housing market’s September numbers are honestly a bit frightening.  Our low pending sales numbers from last month did indicate a slowdown but not to this degree. The million dollar question is where we are headed for the rest of 2018?  My numbers below should provide some insight.

Here are what I feel to be the biggest takeaways from last month’s Lake Norman real estate sales data:

  • September’s single family home sales were 35% below last September’s and 43% below last month’s which brought our annual year-to-date sales to -1.5% compared to 2017.
  • Our inventory of active listings remains alarmingly low numbers (a whopping 88 fewer than last year!) after never reaching our normal summer highs and yet we are still recording high sales.  It is hard to quantify but there is no doubt that the low inventory does have a negative impact on our Lake Norman’s home sales.
  • Our pending sales jumped back up however our newest contracts (UCS) are down which indicates a continuation of this slowdown for the rest of 2018.
  • Waterfront homes moved back into a balanced market.
  • I want to share with you again this great interactive calculator for determining rent vs. own costs from the New York Times!

Let’s take a closer look:

Lake Norman real estate Sales Report September 2018

All data is from the Carolina Multiple Listing Service.

Some significant additional statistics for you:

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Lake Norman Sunset Calendar for October 2018

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Lake Norman Real Estate’s October 2018 Calendar

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s August 2018 Market Report

Lake Norman’s real estate sales numbers for August were exceptional. We logged in a total of 232 home sales which beats last August’s 211 by 10% and they were 18.4% above last month’s.   After some ups and downs at the beginning of the year, the past four months have helped us to record 39 more sales in the first 8 months of this year compared to 2017’s record breaking year which is truly impressive and, quite honestly, unexpected by early national real estate projections. The million dollar question is can we sustain this level for the rest of 2018?  My numbers below will provide some insight into where we are headed for the next few months.

Here are what I feel to be the biggest takeaways from last month’s Lake Norman real estate sales data:

  • August’s closed sales were strong: 10% higher than last August’s, 18.4% greater than last month’s, the second highest month this entire year and the best August in Lake Norman’s history!
  • Our inventory of active listings continues to drop to alarmingly low numbers (a whopping 146 fewer than last year!) after never reaching our normal summer highs and yet we are still recording high sales.  It is hard to quantify but there is no doubt that the low inventory does have a negative impact on our Lake Norman’s home sales.
  • We are seeing some weaker pending sales which may be an indication of a slowdown at least for the next few months.
  • Waterfront homes moved back into a seller’s market.
  • I want to share with you again this great interactive calculator for determining rent vs. own costs from the New York Times!

Let’s take a closer look:

Lake Norman Real Estate's August 2018 Sales Analysis

All data is from the Carolina Multiple Listing Service.

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Lake Norman Real Estate's September Desktop Calendar

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Lake Norman Real Estate’s September 2018 Calendar

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s July 2018 Market Report

Lake Norman’s real estate sales numbers for July exceeded my expectations slightly by logging in a total of 191 home sales which beats last June’s 187 by 2%. However, our July sales were 23% below last month’s.   After some ups and downs at the beginning of the year, the past three months have helped us to record 12 more sales in the first 7 months of this year compared to 2017’s record breaking year which is truly impressive and, quite honestly, unexpected by early national real estate projections. The million dollar question is can we sustain this level for the rest of 2018?  My numbers below will provide some insight into where we are headed for the next few months.

Here are what I feel to be the biggest takeaways from last month’s Lake Norman real estate sales data:

  • July’s strong numbers were able to lift our total sales for the past 7 month’s of 2018 above our record-breaking 2017 numbers.
  • Our inventory of active listings continues to drop to alarmingly low numbers (a whopping 136 fewer than last year!) at a time when they should be peaking and yet we are still recording strong sales.  It is hard to quantify but there is no doubt that low inventory does have a negative impact on our Lake Norman’s home sales.
  • We are seeing some weaker pending sales which will likely lead to a slight dip in sales in the next few months.
  • Waterfront homes slipped back in to a buyer’s market and we saw fewer luxury sales as well.
  • I want to share with you again this great interactive calculator for determining rent vs. own costs from the New York Times!

Let’s take a closer look:

Lake Norman Real Estate Market Report July 2018

All data is from the Carolina Multiple Listing Service.

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Lake Norman Real Estate's August 2018 Desktop Calendar

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Lake Norman Real Estate’s August 2018 Calendar

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