Real estate in Lake Carolina had a not so bad week last week. 4 homes went under contract at an average list price of 243,000. Another 3 homes closed this past week at an average sold price of 225,000. This may not sound like a whole lot, but there were only 3 new listings that came on the market.
Again, looking at supply vs. demand; demand (sales) out weighed new supply (new listings). The more weeks like this the better for house values in Lake Carolina. Check back for more updates.
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