Archive for May, 2010
Today’s Case-Schiller Report has the Charlotte area, which includes Lake Norman, showing a -1.8% change from Febuary 2010 to March 2010 (click on image to enlarge). Over the last year, the Home Price Indice in the Charlotte area has decreased 3.9% with 9 consecutive months of decline.
Analysis of the Denver, NC absorption rate indicates an inventory of 22.9 months based on the last 6 months of sales. This estimate is often used to determine how long it would take to sell off the current inventory of Denver listings if all conditions remained the same. It is significant to mention that this estimate does not take into consideration any additional homes that will come on the market in the future. Click on the chart below to see current statistics of Denver, North Carolina Homes For Sale, the number of expired listings, and sold homes by price range. Visit Denver Real Estate Market reports to view the current report.



