Lake Norman Home Sales Trends
Home sales trends for single family homes around Lake Norman in the charts below. Charts below include the Lake Norman towns of Cornelius NC, Davidson NC, Huntersville NC and Mooresville NC.
The real estate industry generally uses “Median Price” instead of “Average Price” because a couple of high-end or low-end properties in a single zip code or city can skew the Average Price pretty quickly, using Median gives a more accurate depiction of local price levels. The charts below for each town is further broken down into four distinct price ranges, providing a more accurate depiction of the price levels. Median price change indicate a couple of key market movements. Scroll down to see the charts; possible explanations after the sales charts.
Cornelius NC Home Sales Trends
Davidson NC Home Sales Trends
Huntersville NC Home Sales Trends
Mooresville NC Home Sales Trends
As the median price changes, this can indicate a couple of key market movements:
- A rise in median price means that Lake Norman sellers are responding to more sales in the area which means that the local market might be “strengthening” or getting “hotter” – favoring sellers, so they will ask more for their home.
- A fall in the median price might indicate the opposite – few homes selling at the current price levels which causes homes on the market to drop their price and for new homes on the market to price more aggressively.
- A rise in median price could also mean that Lake Norman homes at the lower part of the market are selling and leaving the market. This means that the remaining homes on the market are at a higher price point, which causes the median price to rise.
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Robin is a licensed as NC real estate agent. Robin works in the Lake Norman real estate market towns of Cornelius, Huntersville, Mooresville, Denver NC, Davidson and Charlotte NC. She will educate you and ensure you are taking advantage of the best market opportunities. Robin will also help you set realistic expectations. Furthermore, she will walk with you through the entire process. Home buyers can trust Robin to help them find a property of their dreams. Home sellers will receive unparalleled exposure to their listings. She will assist her clients in negotiating the best possible price. She will also do her part in keeping your transaction running smoothly! Ask her any general question about real estate in NC and around Lake Norman.
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Lake Norman home sales trends offers a look into the local real estate market. Matching homes with lifestyles is the basis for Robin’s real estate business. Most of all, contact Robin if you have any general questions.