Monthly Activity Report: 03-2008
Lake Norman and Iredell County Single Family Homes
Property Type: Single Family
Area | New | Avg LP | Under Contract | Avg LP | Sold | Avg SP | %SP/LP | Avg DOM |
12 | 242 | $207,986 | 130 | $169,148 | 88 | $182,575 | 94.28% | 117 |
13 | 380 | $723,222 | 92 | $474,877 | 57 | $537,434 | 96.90% | 124 |
622 | $465,604 | 222 | $322,012 | 145 | $360,004 | 95.59% | 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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