Lake Norman-Cornelius Real Estate Market Report - Mecklenburg, North Carolina
Lake Norman-Cornelius, North Carolina - Mecklenburg
| Market Commentary Provided by Team Moore If you can qualify, now is an exceptional time to buy a home in Lake Norman-Cornelius. Low rates with falling home prices makes a home purchase a great value! Call us now for more information: Kristi - 704.641.0062 or Jenna - 704.877.5300 |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL 
Team Moore
Prudential Carolinas Realty Huntersville, North Carolina Kristi @704-641-0062 or Jenna @704-877-5300 TeamMoore@agents.househunt.com Agent Home Page  |
|||
| Nearest Metro Area | Charlotte | ||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 90-120 days | ||||
| Market Trend | No Change | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Inventory Comments | There are a wide range of homes in almost every price range available for sale and priced well right now. | ||||
| Average Home Price | $250,000 - View Graph Trend | ||||
| Best Selling Price Range | $200,000 - $249,000 | ||||
| Worst Selling Price Range | $1,000,000+ | ||||
| Compared to Last Year | Down 0-5% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Lake Norman-Cornelius is | Increasing | ||||
| Seller Activity for the past 90 days in Lake Norman-Cornelius is | Increasing | ||||
| Is Financing Available For Qualified Buyers in Lake Norman-Cornelius? | Yes | ||||
| Existing Home Prices for the past 90 days are | No Change | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||||
| Housing Hot Spots | Most cities within Mecklenburg County area are considered 'Housing Hotspots', especially the wildly popular Lake Norman area. | ||||
| Reason to Buy/Sell | Population Growth | ||||
| Average Sold Price | $250,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
|||||
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
North Carolina Homes for Sale |
North Carolina Real Estate News | Homes for Sale |
Real Estate Market News | Hot Markets
“Your #1 resource for finding Homes for Sale, How Much My Home is Worth, Community Information and Real Estate Agents!”
© Copyright 1995-2009 HouseHunt Inc - All Rights Reserved