L AK E N O R M A N M A R K E T R E P ORT 3 Q 2017 1
L AK E NO RMA N LUX URY MA RK ET R EPORT The quarterly Market Report provided by Trump International Realty is a resource compiling pertinent data and analytics to give you a pulse on the current real estate market around Lake Norman. This report covers the real estate market in the towns of Cornelius, Davidson, Denver, Huntersville, and Mooresville. Trump International Realty has become the premier luxury full-service, specialized real estate brokerage by leveraging its global brand recognition, real estate vision and tremendous resources. Figures and statistics contained in Trump International Realty’s Lake Norman Market Report are sourced from the Statistical Analytical Module (SAM) located in the Carolina Multiple Listing Service (CarolinaMLS) and based on the data available at the time at the time of each quarterly report release.
GLO SSA RY Average Sale Price: Calculated by adding all final sales prices and dividing the sum by the total number of properties that sold prior to the publication of this report. Median Sale Price: Price point directly in the middle of the whole, half way above and half way below all recorded sale prices. Average Price Per Square Foot: Average price divided by the average square footage. Closed Sales: Recorded closings at the time the report is prepared. Days on Market: The total number of days a listing is on the active market before it is sold. Inventory: Total number of all the properties listed for sale at any point during the quarter.
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3
CORNELIUS
HOMES FOR SALE
555
AV E R A G E S A L E S P R I C E
$483,263
MEDIAN SALES PRICE
$341,374
AV E R A G E P R I C E P E R S Q . F T.
$167
4
5
D AV I D S O N
HOMES FOR SALE
400
AV E R A G E S A L E S P R I C E
$458,352
MEDIAN SALES PRICE
$378,583
AV E R A G E P R I C E P E R S Q . F T.
$150
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7
DENVER
HOMES FOR SALE
715
AV E R A G E S A L E S P R I C E
$ 410,757
MEDIAN SALES PRICE
$324,924
AV E R A G E P R I C E P E R S Q . F T.
$145
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9
HUNTERSVILLE
HOMES FOR SALE
1,026
AV E R A G E S A L E S P R I C E
$335,441
MEDIAN SALES PRICE
$310,500
AV E R A G E P R I C E P E R S Q . F T.
$124
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11
MOORESVILLE
HOMES FOR SALE
2,085
AV E R A G E S A L E S P R I C E
$404,990
MEDIAN SALES PRICE
$291,967
AV E R A G E P R I C E P E R S Q . F T.
$138
12
13
C O M P A R A B L E M A R K E T O V E RV I E W
C O M P A R A B L E M A R K E T O V E RV I E W
CLOSED SALES
800
80
700
70
600
60
500
50
400
40
300
30
200
20
100
10
0
14
AV E R A G E D AY S O N M A R K E T
Cornelius
Davidson
Denver
Huntersville Mooresville
0
Cornelius
Davidson
Denver
Huntersville Mooresville
15
C O M P A R A B L E M A R K E T O V E RV I E W
C O M P A R A B L E M A R K E T O V E RV I E W
HOMES FOR SALE
16
AV E R A G E S A L E S P R I C E
2500
500000
2000
400000
1500
300000
1000
200000
500
100000
0
0
Cornelius
Davidson
Denver
Huntersville Mooresville
Cornelius
Davidson
Denver
Huntersville Mooresville
17
C O M P A R A B L E M A R K E T O V E RV I E W
C O M P A R A B L E M A R K E T O V E RV I E W
MEDIAN SALES PRICE
AV E R A G E P R I C E P E R S Q . F T.
200
400000 350000
150
300000 250000
100
200000 150000
50
100000 50000 0
18
Cornelius
Davidson
Denver
Huntersville Mooresville
0
Cornelius
Davidson
Denver
Huntersville Mooresville
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T R U M P I N T E R N AT I O N A L R E A LT Y D EL IV ERIN G A L EVE L OF DISTINC TIVE SE RVIC ES UN PARAL LELED IN THE I NDUSTRY By adhering to the Trump Organization’s standards of best-in-class talent, white glove service, superior quality, attention to detail and innovation, Trump International Realty demonstrates a clear competitive advantage in marketing and selling luxury properties. C o n t a c t Krist o ph e r t o d ay and d is cover the va lue a nd sa le p otentia l of your p rop er ty.
K R IS TO PH E R SOWA Bro k e r /Rea l to r C: 860.913.3036 ks owa@Tr u m pIn tl Re a l ty. c o m Tr ump In ter n ati on al Real ty. co m
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Trump International Realty Charlotte is a Licensed North Carolina Real Estate Broker. All information is from sources deemed reliable but subject to errors, omission, change of price, rental, prior sale, lease or financing, or withdrawal without notice. All measurements and other information are approximate and should be verified by your own attorney, architect or other professional. If your property is currently listed with another real estate broker, please disregard this offer. This is not intended to solicit property already listed. © 2017 Trump International Realty