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:
*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.
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!