Charlotte Multiple Listing Release Stats for April 2009 Plus My Stats for Denver/Lincoln County, NC

I am always curious to see how we are doing in comparison to last year.  I have attached some information, I think you will find helpful!

This data would include all of the Multiple Listing Services Area, such as Lincoln County, Catawba County, Mecklenburg County, Iredell County, Gaston County and a few more.

Pending Contracts:  April 2008 – 2,992    /    April 2009 – 2,269

New Listings:  April 2008 – 6,583    /    April 2009 – 5,050

Closed Homes Reported:  March 2008 – 2,659    /    March 2009 – 1,671

Mortgage Rates:  April 2008 – 6.03%    /    April 2009 – 4.78%

To See the Exact Information Provided by CMLS, Please CLICK HERE.

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Lincoln County Home Sales Statistics

Lincoln County Home Sales Statistics

I decided to take this a step further and look at the stats on our side of the Lake, so take a look at these.

Number of Homes Currently on the Market in Lincoln County:  821 Homes

Number of Homes Currently on the Market in Denver Only:  421 Homes

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7196 Catawba Springs Road - Listed at $135,000 - Available Immediately!

7196 Catawba Springs Road - Listed at $135,000 - Available Immediately!

Denver Only Homes $1 – $150,000 Currently on the Market – Total – 30

Number of Homes $1 – $150,000 Currently Under Contract – Total – 6

Number of Homes $1 – $150,000 Sold Since 4/1/2009 – Total – 4

There is 6 Months of Inventory at the Rate these Homes are Selling Currently.

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1978 Clarence Chase lane - Listed at $249,900 - Available Immediately!

1978 Clarence Chase lane - Listed at $249,900 - Available Immediately!

Denver Only Homes $150,000 – $250,000 Currently on the Market – Total – 54

Number of Homes $150,000 – $250,000 Currently Under Contract – Total – 13

Number of Homes $150,000 – $250,000 Sold Since 3/7/2009 – Total – 11

There is 4.5 Months of Inventory at the Rate these Homes are Selling Currently.

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7257 Drury Lane - Listed At $340,000 - Available Immediately!

7257 Drury Lane - Listed At $340,000 - Available Immediately!

Denver Only Homes $250,000 – $350,000 Currently on the Market – Total – 61

Number of Homes $250,000 – $350,000 Currently Under Contract – Total – 0

Number of Homes $250,000 – $350,000 Sold Since 3/7/2009 – Total – 5

There is 24.4 Months of Inventory at the Rate these Homes are Selling Currently.

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4050 Marydel Lane - Listed at $359,900 - Available Immediately!

4050 Marydel Lane - Listed at $359,900 - Available Immediately!

Denver Only Homes $350,000 – $450,000 Currently on the Market – Total – 35

Number of Homes $350,000 – $450,000 Currently Under Contract – Total – 7

Number of Homes $350,000 – $450,000 Sold Since 3/7/2009 – Total – 7

There is 5 Months of Inventory at the Rate these Homes are Selling Currently.

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4189 Bordeaux Drive - Listed at $439,900 - Available Immediately!

4189 Bordeaux Drive - Listed at $439,900 - Available Immediately!

Denver Only Homes $450,000 – $550,000 Currently on the Market – Total – 45

Number of Homes $450,000 – $550,000 Currently Under Contract – Total – 2

Number of Homes $450,000 – $550,000 Sold Since 3/7/2009 – Total – 2

There is 22.5 Months of Inventory at the Rate these Homes are Selling Currently.

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264 Thistle Glen Court - Listed at $649,900

264 Thistle Glen Court - Listed at $649,900

Denver Only Homes $550,000 – $650,000 Currently on the Market – Total – 48

Number of Homes $550,000 – $650,000 Currently Under Contract – Total – 3

Number of Homes $550,000 – $650,000 Sold Since 3/7/2009 – Total – 1

There is 24 Months of Inventory at the Rate these Homes are Selling Currently.

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3642 Lakeshore Road South - Listed at $699,900 - Available Immediately!

3642 Lakeshore Road South - Listed at $699,900 - Available Immediately!

Denver Only Homes $650,000 – $750,000 Currently on the Market – Total – 28

Number of Homes $650,000 – $750,000 Currently Under Contract – Total – 1

Number of Homes $650,000 – $750,000 Sold Since 3/7/2009 – Total – 1

There is 28 Months of Inventory at the Rate these Homes are Selling Currently.

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3746 George Court - Listed at $799,900

3746 George Court - Listed at $799,900

Denver Only Homes $750,000 – $850,000 Currently on the Market – Total – 23

Number of Homes $750,000 – $850,000 Currently Under Contract – Total – 0

Number of Homes $750,000 – $850,000 Sold Since 3/7/2009 – Total – 0

We are Unable to Calculate the Months of Inventory in this Price Range with No Solds.

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8011 Blue Water Court - Listed at $849,900

8011 Blue Water Court - Listed at $849,900

Denver Only Homes $850,000 – $950,000 Currently on the Market – Total – 12

Number of Homes $850,000 – $950,000 Currently Under Contract – Total – 2

Number of Homes $850,000 – $950,000 Sold Since 3/7/2009 – Total – 0

There is 12 Months of Inventory at the Rate these Homes are Selling Currently.

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Denver Only Homes $950,000 – $1,050,000 Currently on the Market – Total – 9

Number of Homes $950,000 – $1,050,000Currently Under Contract – Total – 0

Number of Homes $950,000 – $1,050,000Sold Since 3/7/2009 – Total – 1

There is 18 Months of Inventory at the Rate these Homes are Selling Currently.

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1070 Shoreline Drive - Listed at $1,750,000

1070 Shoreline Drive - Listed at $1,750,000

Denver Only Homes $1,050,000 and Above Currently on the Market – Total – 10

Number of Homes $1,050,000 and Above Currently Under Contract – Total – 0

Number of Homes $1,050,000 and Above Sold Since 3/7/2009 – Total – 0

We are Unable to Calculate the Months of Inventory in this Price Range with No Solds.

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Number of Lots Currently on the Market in Lincon County:  1,110 Lots

Number of Lots Currently  Under Contract – Total – 7

Number of Lots Sold Since 3/7/2009 – Total – 11

There is 123.3 Months of Inventory at the Rate these Homes are Selling Currently.

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Lot 15 Halyard in Norman Pointe - Listed at $109,900 - Available Immediately!

Lot 15 Halyard in Norman Pointe - Listed at $109,900 - Available Immediately!

Number of Lots Currently on the Market in Denver Only:  572 Lots

Number of Lots Currently  Under Contract in Denver Only – Total – 3

Number of Lots Sold in Denver Since 3/7/2009 – Total – 7

There is 114.4 Months of Inventory at the Rate these Lots are Selling Currently.

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7936 Mariners Pointe Lane - Listed at $159,900

7936 Mariners Pointe Lane - Listed at $159,900

Number of Townhomes/Condos on the Market in Lincoln County:  20

Number of Townhomes/Condos Currently  Under Contract – Total – 5

Number Townhomes/Condos Sold Since 3/7/2009 – Total – 2

There is 5.7 Months of Inventory at the Rate these Townhomes/Condos are Selling Currently.

Well That Wraps it Up…I would say that we are still in a Buyer’s Market!  Don’t Shoot the Messenger!  Great Time to Buy!  Spring and Summer will Bring Good Things!

Don’t Forecast the NAR Forecasts a 1% Increase Over Last Year’s Sales!

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About Michelle Nantz

There are many qualities and skills that go into being an excellent real estate professional: integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills, and a high-quality professional network ~ all of which are hallmarks of Michelle Nantz. In 2003, Michelle began her career in real estate, after a successful career in restaurant and hotel management with her last position as Regional Director of Operations running 56 hotels throughout two states. She owes her success in real estate and management to her expertise in people skills, managing, negotiating, and follow-up. However, it is Michelle’s dedication to quality service that she ultimately credits her success. Michelle shared, “In my experience as a Lake Norman real estate professional, I’ve found that providing the very best service is essentially about putting my clients first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to their needs.” This “client first” philosophy combined with continual personal improvement and keeping up-to-date with the latest technologies is a cornerstone of both Michelle’s and Lake Norman Realty’s business philosophy. In addition to Michelle’s extensive real estate education and her experience in the local market, she is also an Accredited Staging Professional®, which brings additional value to marketing her clients’ homes. Michelle and her family have made the Lake Norman area their home for over 10 years. In her rare leisure moments, you’ll find Michelle with her three children and husband, or unwinding with gardening or reading. “I live and work in this community and only have the best interests of our community and its members in mind,” says Michelle. Her community activities include participation in Denver Days, Relay for Life and support for Christian Ministries and area schools.
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