What real estate bust??????

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Real Estate Agent with RE/MAX Lifestyle 236614

Lincolnton North Carolina Real estate market is not declining!!  I am so frusterated with the media constantly saying that the entire nations real estate market has busted.  I am not naive enough to believe that the real estate market is going well everywhere, but in Lincoln County North Carolina our market is actually pretty good. Where other markets have seen a decline over the past year Lincolnton Real Estate has actually seen a steady increase. 

In 2005 the average sales price for a single family home in Lincolnton North Carolina was $134,809.00.  Then in 2006 the average sales price in Lincolnton North Carolina steadily increased to  $142,944.  Finally last year the average sales price for a single family house in Lincolnton North Carolina rose again to $146,202.

Not only did the average sales price increase, but the average days on market decreased. In 2005 the average DOM was 130, then in 2006 it was 105 and last year it was 90.  This means not only are our houses appreciating, but they are selling more quickly than before.

Our steady increase I believe is due to more and more people moving to the Charlotte area.  Charlotte is a great city, but doesn't suit everyones needs.  Lincoln County offers low taxes, great schools, and a short commute to Charlotte.  An overall great place to live! For more information .....

Call my cell phone (704) 473-1450 or email me annawaddle@yahoo.com

Also check out my websites at http://www.annawaddle.remax-carolina.com/ or http://www.housesbyanna.com/

These statistics are believed to be accurate and the information was gathered from the CMLS

 

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Anonymous
Mark
Sounds like I need to move to Lincolnton
Jan 15, 2008 05:53 AM #1
Rainmaker
594,057
Neal Bloom
Brokered by eXp Realty LLC - Weston, FL
Realtor CRS-Weston FL Real Estate

Anna,

This post is exactly what I consider the way I post.

Jan 15, 2008 11:01 AM #2
Rainer
58,173
Don Draughn - Mortgage Professional
High Point, NC
I feel the same way.  Our market in Rochester saw an increase last year as well.  The market is not bad everywhere.
Mar 17, 2008 02:00 AM #3
Rainmaker
189,711
Clint Miller
Real Estate Pipeline, Inc. - Missoula, MT
Id be interested in seeing the stats from '07. 
Mar 17, 2008 02:18 AM #4
Rainer
33,745
Anna Wiseman
RE/MAX Lifestyle - Denver, NC
Hi Clint, Some of the stats are listed above under "last year"
Mar 17, 2008 02:27 AM #5
Rainer
5,399
Bill Steed
Re/max United - Raleigh, NC
Sounds alot like the Wake County market. WE are still strong here, but read the paper and you think the sky is falling
Mar 17, 2008 06:16 AM #6
Rainer
71,135
Jim Fischetti
The Fischetti Group/Keller Williams - Wake Forest, NC

BUST:

Buy

Unbelievable

Sales

Total

Our local market is strong also, great job, we need to be the voice of real estate in our community.

Besides how many houses do "the media" sell each yera?

 

Jim In Wonderful Wake Forest

 

www.jimfischetti.com

Mar 17, 2008 09:21 AM #7
Rainer
2,556
Jeanne Robinson
Carriage Square Realty - Boone, NC
Carriage Square Realty

Our market is strong also-we have more bargains than I've seen in the past 10 years.  I thought it was because we are a resort area but I'm glad to hear you are strong as well.  I grew up in neighboring Catawba County-have  friends in Lincolnton- do you know George and Barbara Clark?

Jeanne Robinson

Mar 17, 2008 05:09 PM #8
Rainmaker
108,940
Linda DeRusha
Coldwell Banker Advantage - Garner, NC
Broker/Realtor, ABR,ASP,CDPE

Anna,

I am happy to hear that your market is strong. I am in the Johnston county area of NC, just south of Raleigh. I have to admit that it's kind of slow moving here. However, we are getting more buyers kind of looking around lately. Hopefully, we will have a good year.

Feb 20, 2009 02:36 PM #9
Rainmaker
323,054
Cheryl Powell - The Powell Team
Southern Homes of The Carolinas - The Powell Team - Harrisburg, NC
Concord,Harrisburg & Charlotte NC Area Real Estate

There are definitely areas of the country that aren't faring as well as we are. Selling today is partly a matter of adapting to the "new" buyers.

Apr 21, 2009 07:22 AM #10
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