Archive for the ‘Sellers’ Category

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Lake Norman Real Estate Market Snapshot – December 2008   Leave a comment

Lake Norman Real Estate Market Activity

Monthly Activity Snapshot for December 2008

lake norman happenings


Single Family Homes in Area 13 (Lake Norman)

“Average prices of home sales are down from last December 2007”

Total Listings: 1,5o1

New Listings in December: 175

Average List Price of New Listings: $697,686

Under Contract: 47 

Average List Price of Under Contract Listings: $385,834

Sold Homes:  56

Average List Price of Sold Listings: $424,339

Average Sale Price to List Price Percentage: 92.78%

Average Days On Market:  163

Price Changes:  259

Analysis:  4 months average time on market for homes selling in the upper 300s. 92% is roughly 3 percent off from our 95-96% sale price to list price in December 2007. Shows that we are definitely in a “Buyer’s Market” since lower offers are being accepted. 

We only had 1/4th of the homes sell that were listed just in December alone. 

Here is a snapshot of last December 2007 to compare:

New Listings: 169

Average List Price: $563,543

Under Contract: 71

Avg List Price Under Contract: $464,176

Sold: 71

Avg List Price Sold: $471,063

SP/LP%: 95.31

Average Days on Market: 143

** Note: my information and numbers come from the Charlotte Regional Multiple Listing Service and do not include sales outside of the MLS.

Sell Your House During the Holidays – Lake Norman Real Estate- Why Stay On the Market?   Leave a comment

Motivated to sell during the holidays but think it’s a bad idea to stay on the market? Then read this!!!

During the winter months when the showings decrease and not as many buyers are looking at real estate, I have Clients ask me, “should I take the home off the market until spring?” I say NO, not if you are motivated and your home is priced effectively.

Some of thlake norman home wintere many reasons homes get shown less during the winter:

•1. School is in season. Parents don’t want to move until end of school year in June.

•2. Winter snow, cold. Moving is tough when it’s freezing and there is ice on the ground. Buyers aren’t usually looking in the cold unless they have to relocate for work, etc.

•3. There are many less homes on the market. Less to choose from.

happy holidays lake norman

With that being said, the homes that ARE on the market during these times are better off for these reasons:

•· Corporate Relocations happen all year long. Companies like Wachovia, Lowes, Nascar, Coca-Cola, Rubbermaid, Bank of America, and more are relocating executives all the time. Unfortunately in winter, employees have a small time window to select a house and move.

•· Middle of January into February is when new listings start to spike up in volume. Why wait and list after everyone else is on the market?

•· Other homes take themselves off the market so there will be less competition to view. Stand out from the crowd!

•· Visitors coming to the Lake Norman area are here to see relatives during the holidays and sometimes get “talked into” moving here by the relatives. Or they get bored sitting in the house and go “previewing” and find a home they can’t live without! I think visitors are amazed at how much lower our taxes are and how much more you can get for your money here in a custom-built home.

•· Better offers. Buyers who have to move in the winter, NEED to move during the winter. Usually the offers look more appealing because the buyer has no time to waste.

lake norman snow man

So, listen, don’t take your home off the market unless you are being unreasonable about price! There is a buyer for every seller out there!

Don’t believe me? See this video from an owner broker of 25 years in the business and author.  VIDEO INTERVIEW OF HOW TO SELL YOUR HOME IN ANY MARKET

Welcome to Lake Norman!   Leave a comment

Welcome to Sandy Aichner’s Blog about Lake Norman Real Estate, News, and Events. Here you can read about happenings in Lake Norman, you can find links to interesting websites, you can learn more about businesses in the area, and you can search homes and foreclosures in the Lake Norman and Charlotte area. You can search Lake Norman Homes and properties instantly, by going to:


Sandy Aichner, GRI, ABR, Broker, REALTOR ~ RE/MAX Executive Realty (704) 746-7513

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for information on purchasing or selling a home in
Mooresville, Cornelius, Huntersville, Troutman, Denver, Sherrill’s Ford, Catawba, Davidson, or Statesville, North Carolina or surrounding towns