*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.
Our Lake Norman real estate market has been in a seller’s market for about a year and this trend continued into the first quarter of 2020. While the impact of the Covid-19 Virus on our housing market going forward is hard to predict, no matter what type of market we are experiencing 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. You can use this chart to find fascinating sub-trends within our Lake Norman housing market which can serve as a great tool in assisting you in your buying or selling strategies.