Lake Norman Market Forecast

While conditions are tapering somewhat in the luxury market, it's clear that both unit sell through and pricing levels are both likely to remain at much elevated levels to pre-Covid periods. In all three luxury segments, over $1 million in list price, unit sell through has almost tripled from 2019, and while it may be off slightly from last year at this time, deals are still occurring at a significantly higher pace than pre2020 This heightened profile for Lake Norman and Charlotte on the national level has now clearly driven demand for luxury homes to much higher levels, particularly remodeled modern or newly constructed properties.

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