Solid Fall Continues

Conditions in both the Lake Norman area and in historic Davidson continue to reflect an active fall buying season. In many areas and price ranges, showings are running ahead of last year, in some cases doubling September’s activity of last year.

The Point has rebounded to show 11 homes pending, The Peninsula has 12, and overall, there are 75 luxury homes over 500,000 in value that are under contract in the area. A very solid number for this time of the year.

As the positive news radiates, some homeowners are coming on the market with listings at a time of the year when activity traditionally takes a downturn. Cornelius has seen a 10% increase in inventory in the 500-999k range, but also has 20 homes pending in that range with 66 now active.

Ivester Jackson brokers continue to generate action, with Lori Ivester Jackson closing a 1.5m house in Cornelius, putting another 2m house pending with her buyers. Doris Nash and Julie Pfeffer both had multiple closings in The Point and River Run, Annie Livingston posted a million dollar pending transaction in The Point,  Julie Lopez and Sherry Hickman also sold 500k homes in Davidson, while Melinda Meade White closed a 600 and 900 k home in The Peninsula, the latter with IJ’s Jan Sipe on the listing side. Brokers Lisa Turley, Christy Chaffee, and Clarke Crawford also recorded pending and sold transactions the past 6 weeks.