* 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: