Market Insight – The Up-trend in Lake Norman Continues : Luxury Real Estate Blog

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FEB
12

Market Insight – The Up-trend in Lake Norman Continues

Courtesy of Abigail Jennings of Lake Norman Realty

The trend towards a more robust Lake Norman real estate market didn't skip a beat during the first month of the new year. Inventory continued to shrink, creating a more active and dynamic market. When we compare January 2013 with January 2012 for the Lake Norman area, the picture is quite clear: more homes are selling, fewer homes are coming on the market, and sales prices are rising.

If you're as wonkish about the Lake Norman real estate market as I am, you'll definitely want to check out our recently published "10 Year Market Study for the Lake Norman Region." This study provides in-depth, town-by-town sales figures for the entire Lake Norman region, and it's fascinating to observe the uniqueness of the statistics for each town. Real estate is indeed local, and this study takes it to the ultra-local level. Click here for the link to the study.

Posted in Luxury Market

Tags Abigail_Jennings, Lake_Norman

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Comments

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Gainesville Condos 1 day later:

This is very information and encouraging as well. I hope we see this trend in our market as well. Thanks for this data and information.
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Li Read 8 days later:

A very valuable study...wish something like this existed in my secondary home/discretionary region. All good news re the thinning inventory.
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