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 our Lake Norman real estate market is at this very moment…an almost live insight into the heartbeat of the Lake Norman housing market. These Hot Sheet reports serve as pretty good predictors of our short-term Lake Norman real estate market.
After an unusually cold winter, it seems life and home sales are definitely springing to life in Lake Norman. We currently have 264 single family homes under contract (sellers have accepted an offer but the sale is not complete) in all of Lake Norman compared to last month’s 211. While we are still behind last year’s closed sales numbers, we are now almost matching them with our new contracts!
Lake Norman Real Estate’s Two-Week Hot Sheet
* 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 (area 13). These numbers represent a real time snapshot of the past two week’s activity. (April 7th – 21st). As always, I have included the past 5 months so that you can put these numbers in perspective. Continue reading