* All data is from the Carolina Multiple Listing Service.
First quarter 2019 is in the books and our Lake Norman’s real estate market has posted a 7.4% gain over last year’s first quarter. March continued our strong sales trend and there are some very positive indicators for April and May so perhaps it is safe to say we are on a roll! This follows on the heels of a very a rough end to 2018. Our March sales were up 11% compared to last year. At 151 sales, March was also up 27% compared to last month and was tied for the second highest March home sales since 2005. Talk about a radical upswing since December! 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 March’s Lake Norman real estate sales data: