Charlotte, NC Real Estate

Charlotte / Lake Norman Home Prices

 Charlotte home prices rise 8% from year ago

By Deon Roberts
Posted: Tuesday, May. 06, 2014 (slightly revised for posting)

Charlotte, NC area homes prices rose 8 percent in March from the same month last year, as low supplies of homes for sale continued to drive up prices nationwide, a report Tuesday showed.

March marked the 27th month in a row of annual increases in the Charlotte / Lake Norman Real Estate for Sale region, Irvine, Calif.-based CoreLogic said. Nationally, home prices rose 11.1 percent from a year ago, for the 25th month in a row of annual price gains.

Rising home prices nationwide, as well as tight inventories and tougher lending requirements, are becoming an increasing drag on the U.S. housing market, the report said.

“March data on new- and existing-home sales was weaker than expected and is a cause for concern as we enter the spring buying season,” Mark Fleming, chief economist for CoreLogic, said in a statement.

Inventories of homes remain stubbornly low in Charlotte / Lake Norman and elsewhere. Last week, the National Association of Realtors said the national median price for existing homes is expected to increase by 6 to 7 percent this year because of inventory shortages in much of the U.S.

Industry observers blame the low Lake Norman inventory on multiple factors. Some potential sellers who bought at the peak of the housing market still owe more than their homes are worth and are waiting for prices to rise more before they sell. Also, some potential sellers are reluctant to list their homes because low supplies are making it hard for them to find their next home purchase.

Contact Us for more information 704.900.1619 (ext. 101 – 103) – Martin Real Estate Team of Lake Norman or to discuss other Lake Norman Homes

Lake Norman homes

Listings 1 - 20 of 470   next

211 Quaker Road -- 4 BR, 3.1 BA
Price: $3,999,995 (5428 sqft)
Subdivision: The Point
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Dom DeMatteo | MLS # 3880177 | Active
200 Cape Cod Way -- 4 BR, 5.1 BA
Price: $2,850,000 (5833 sqft)
Subdivision: The Point
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Dom DeMatteo | MLS # 3903989 | Active
6911 Kingfisher Court -- 4 BR, 4.1 BA
Price: $1,925,000 (4570 sqft)
Subdivision: Harbor Oaks
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Elizabeth Brotherton | MLS # 3921790 | Contract
20521 Lagoona Drive -- 3 BR, 2.1 BA
Price: $1,550,000 (2263 sqft)
Subdivision: Biscayne Park
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Bobbie Little | MLS # 3909879 | Active
123 Hunts Landing Drive -- 4 BR, 4.2 BA
Price: $1,309,285 (4074 sqft)
Subdivision: Hunts Landing
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Colleen Hunt | MLS # 3819982 | Contract
135 Holton Lane -- 4 BR, 6.1 BA
Price: $1,150,000 (6231 sqft)
Subdivision: Northington Woods
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Brigitte Perry | MLS # 3908526 | Active
149 Malibu Road -- 4 BR, 2.1 BA
Price: $895,000 (3261 sqft)
Subdivision: Malibu Pointe
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Beth Welch | MLS # 3912674 | Active
7845 Tranquillity Lane -- 4 BR, 3.1 BA
Price: $829,000 (3187 sqft)
Subdivision: Sailview
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Debi Gallo | MLS # 3836369 | Contract
8917 Oakwood Circle -- 3 BR, 2 BA
Price: $800,000 (1937 sqft)
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Brigitte Perry | MLS # 3906818 | Contract
21203 Harken Drive -- 4 BR, 2.1 BA
Price: $715,000 (3180 sqft)
Subdivision: Blue Stone Harbor
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Joni Gabriel | MLS # 3919921 | Contract
151 Corona Circle -- 4 BR, 3.1 BA
Price: $685,000 (4014 sqft)
Subdivision: Sundown
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Robin Kielar | MLS # 3889083 | Contract
7545 Windy Pine Circle -- 3 BR, 2.1 BA
Price: $650,000 (2538 sqft)
Subdivision: Sandpiper Bay
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Karen Edmondson | MLS # 3908854 | Active
122 Catawba Air Road -- 3 BR, 2 BA
Price: $535,000 (1514 sqft)
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Karen Browder | MLS # 3897724 | Active
353 Preston Road -- 5 BR, 3 BA
Price: $500,000 (2631 sqft)
Subdivision: Atwater Landing
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Matthew Elliott | MLS # 3903987 | Contract
18019 Harbor Light Boulevard -- 6 BR, 7.4 BA
Price: $16,000,000 (15048 sqft)
Subdivision: The Peninsula
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Premier Sotheby's | MLS # 3895525 | Active
124 Wellcraft Court -- 5 BR, 5.3 BA
Price: $7,500,000 (8294 sqft)
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Premier Sotheby's | MLS # 3908410 | Contract
135 Potomac Lane -- 6 BR, 6.1 BA
Price: $6,720,202 (6946 sqft)
Subdivision: The Preserve at Windsor Pointe
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Nestlewood Realty, LLC | MLS # 3851688 | Contract
18601 Bluff Point Road -- 4 BR, 4.1 BA
Price: $4,900,000 (5529 sqft)
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RE/MAX Metro Realty | MLS # 3910340 | Active
2810 Cherry Lane -- 6 BR, 9.1 BA
Price: $4,800,000 (12813 sqft)
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Lake Homes & Property | MLS # 3917507 | Active
18103 Harbor Light Boulevard -- 5 BR, 6.2 BA
Price: $4,600,000 (7678 sqft)
Subdivision: The Peninsula
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Beycome Brokerage | MLS # 3911077 | Active

Listings 1 - 20 of 470   next


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