The Catawba Valley Association of REALTORs™ data for our four county area's Non-Foreclosure Properties indicates a rise in sales volume for the first 11 weeks of 2012 relative to 2011.
For Lenoir in Caldwell County the increase in volume is 61.5 %.
Median Prices dropped 4.92 % when comparing 2012 to 2011- and unlike the County where Average Prices went up 19.8%, Lenoir's Average prices went down 11.34%.
Given current active listings of 140, Lenoir has approximately 16.92 Months of Inventory available. Like most areas in the country, Catawba Valley is a Buyer's Market.
Active listing within the Catawba Valley MLS may be viewed at www.alexrooker.com
Location Characteristics: Known for generations as a furniture manufacturing town, Lenoir is evolving into a gateway for retirement and second home living. Median Prices in its city limits are about 7% less than the surrounding areas. A number of remodeling opportunities abound.
Blowing Rock, off the Blue Ridge Parkway, is only 25 minutes away. Charlotte is about an hour and a half. Quality retail shopping and restaurants abound in nearby Hickory, NC.
About Alex Rooker:
Some agents specialize in a neighborhood, or price range. My specialty is bringing a business perspective to client needs. Licensed as a Broker since 1973, I emphasize Marketing and Negotiation for Seller Clients. For Buyer Clients, attention is placed on Educating them on the market, Evaluating the prospective purchase, and Negotiating the deal.
These efforts are supported by a Business Degree from UNC-Chapel Hill with a focus on marketing and my Certificate in Management Accounting, earned to illustrate a competence in financial evaluations- particularly needed for complex comparables.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
