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November 22, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > North Carolina > Lake Norman


Market Conditions Summary for Lake Norman, North Carolina


Reported by

Daniel Calkins
as of 11/21/2008:
74 homes sold in August with sales prices that were 94.96% of asking price. The average sales price was $540,800. The typical home stayed on the market for 137 days with an average price per s/f of $175.76. We will continue to see growth as more... MORE->
About Daniel Calkins

Reported by

Joye Baucom, CRS, GRI, ABR, e-PRO
as of 11/21/2008:
Approximately 250 sold during the third quarter of 2008, (not including those properties not found in MLS). Sales prices ranged from $48,000 to $4,700,000, with an average being $518,888. The average square footage of these properties was... MORE->
About Joye Baucom, CRS, GRI, ABR, e-PRO

Reported by

Lisa Kosis & Ken Bloch
as of 11/17/2008:
Lake Norman is much more than just a lake with 520 miles of shoreline and 34 miles long, great boating, fishing, water sports and wonderful golf courses, it is also very much it's own community. This inland sea is surrounded by 4 counties and... MORE->
About Lisa Kosis & Ken Bloch

Reported by

Debbie Sloan
as of 11/11/2008:
Call Debbie Sloan, 704-658-6068, to get the scoop on the local real estate market. The Charlotte area real estate market remains one of the nation's strongest markets while the 20 major urban markets have tumbled nearly 16 percent for the 12... MORE->
About Debbie Sloan

Reported by

Jeff Magee
as of 11/7/2008:
Any questions, call me toll FREE at 1.800.278.4045, press Zero to be connected immediately or visit JeffMagee.com. In July there were 221 sales with an average sales price of $361,473. The proir month there were 179 sales with an average sales price... MORE->
About Jeff Magee

Reported by

Rose Cramer
as of 9/27/2008:
Lake Norman has many new housing subdivisions popping up with quality living. The area is holding its property values do to having the Lake. According to data available through the Carolina Multiple Listing Service, Inc. the following... MORE->
About Rose Cramer

Reported by

Bill Casagranda
as of 7/2/2008:
There were 14,234 homes sold in the Charlotte area in 2007, the average selling price was $260,335 and homes were on the market an average of 68 days. The Charlotte market has enjoyed a consistant appreciation factor without a sharp spike of... MORE->
About Bill Casagranda


Average Current Market Rating: 2    (7 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.9    (7 ratings)




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Falling

Rising

Navigate: Top > North Carolina > Lake Norman


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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