Charlotte/ Lake Norman Housing Market Skewed Data Points Are Not Showing What You Need to Know

Check out the latest for our market looking into the spring:

Charlotte, Lake Norman, Davidson, NC 2023 Real Estate Market Check

As we approach the spring market for Davidson, NC Lake Norman, and Charlotte, NC the hot market is expected to get even hotter.

We are seeing record breaking numbers hitting throughout our region. Many of these still depending on the housing product itself. If it's hitting "what all the buyers are looking for" than you better prepare to compete. 

I'm also seeing a higher range of homes hit the market that don't do much prep work and throw on the market. That's where we are getting skewed data of super hot vs some days on market. There is a pickier crowd that follow the interest rate hikes. Selling your home is still going to serve the highest yeilds to those who have updated and modernized. 

With many hot neighborhoods having the lowest amount of inventory we have ever seen, some of our bulk area data points are very skewed right now. To collect the right information most people really need to ask for help. Every home has a specific package to offer and as real estate professionals, we help unravel what that means. 

Basement homes, pools, location, yard size, neighborhood, amentinies, floor plan, separate office, parking, storage, and way more. 

The great news is that most folks have great equity in their home if they have owned more than a year. If you can grab the right spot now, we don't see the demand for our area going anywhere. The Charlotte, NC market was slated to be the hottest in the US for 2023 and looks like it's starting to unfold!