April 2013 – Lake Norman & Charlotte Region Real Estate Market Report

Charlotte NC Skyline

Tune into the Lepage Johnson page for the new, and make that GOOD news, about the Lake NormanCharlotte region real estate market. We are now providing periodic statistical information we use for our buyers and sellers so you can evaluate when make the move with your property.

YTD New Listings +5.2%
YTD Pending Sales +49%
YTD Closed Sales +31.2%
YTD List to Close -8.0%
YTD Average Sales Price +4.3%
Months Supply of Homes for Sale -49.7%

Cornelius, NC Lake Norman

What does that mean for you as a potential buyer or seller? As a buyer, its time to act if you are looking for that deal especially if you are considering a lake front home. As the weather continues to improve the waterfront housing market will continue to heat up. Homes are selling quickly and statistically at a higher price than last year. Sellers have far less competition than last year and this brings us to economics 101. With increased demand and decreased supply we are seeing rising prices. This is a phenomenal time for home owners considering an upgrade to put their house on the market and take advantage of higher sales prices, less competition, a market on the upswing and continued low interest rates. What else could you ask for?

Contact us today to evaluate your options. Our mission is to help you achieve your goals!

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Shelley Johnson 704-609/8077
Craig LePage 704-618-2412

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