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Lake Norman NC Single Family Homes Market Report 3/08

By
Real Estate Agent with RE/MAX EXECUTIVE 224284

 

Monthly Activity Report: 03-2008

Lake Norman and Iredell County Single Family Homes

Property Type: Single Family

AreaNewAvg LPUnder ContractAvg LPSoldAvg SP%SP/LPAvg DOM
12242$207,986130$169,14888$182,57594.28%117
13380$723,22292$474,87757$537,43496.90%124
 622$465,604222$322,012145$360,00495.59%120
Information is Believed To Be Accurate But Not Guaranteed 


Analyze this:

Our Sale Price to List Price is not as high as it usually is, and there is an extremely high amount of new listings (622) to the amount under contract (222). That's only approximately 1/3 of the homes going under contract vs. what's being listed in March.  Only 145 homes actually Sold.

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