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2019-10-08 09:23:58
September 2019 Lake Norman Home Sales

September home sales (closings) around the Lake Norman Area were up over 2018 results, except in Cornelius and Huntersville.  The largest gains came in Davidson, up 32.4%.  Pending sales in Davidson (homes that went under contract) were up a whopping 95.8%.

The weakness in closings in Cornelius and Huntersville may be overlooked by the huge increase in pending sales in September, 111% and 34%, respectively.  What's not so encouraging is the lack of inventory in these 2 areas.  It sits at just under 3 months of supply- indicating a solid seller's market- the lowest in the region.

A quick look at median sales prices during September 2019 reveals the largest gains in Troutman and Mooresville.

Here's a graph of September 2019 median sales prices around the rest of the Lake Norman area:

All data courtesy of the Charlotte Regional Realtor Association.

If you would like sales results for your neighborhood then let me know! 
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