Kids are heading back to school and summer is moving into fall. So how did the real estate market fare around Lake Norman? I looked at a few of the communities and found that homes were selling…except it we are still experiencing low inventory. So if you have a home to sell in the Lake Norman area give me a call at 704-657-1735. Also, check out our real estate website for additional info on selling your home. Below are statistics for three communities in our area – Monteith Park, Vermillion and Caldwell Station:
What are Market Statistics Showing?
Statistics for Monteith Park showing Days on Market:
Statistics for Monteith Park showing Percentage of Sales Price increase:
In Vermillion several builders are still actively building new homes.
This year saw an increase in the number of Closed Sales:
And average Days on Market is still very low at only 9 days!
A third Lake Norman community to look at is Caldwell Station.
Caldwell Station has low inventory (less than three months is low) and Days on Market are low as well.