Here is the December 1st update on what is taking place in the Lake Wylie Real Estate Market from Andy Reynolds, your Lake Wylie Waterfront Specialist:
Key Points of Video:
- The Lake Wylie Real Estate Market has seen a 28% increase in home sales year-to-date vs the same period last year.
- Sellers have recieved 94% of asking price vs 90% last year.
- Average home price has increased 18% over last year.
- All higher than the national average
|Current as of November 30, 2012|
|List Price Range||$185,000 to 7.5M|
|Homes on the market:||93|
|Sold Properties YTD:||82|
|Total Homes YTD: (proposed)||98|
|Closed to List Price Ratio:||94%|
|YTD Sold for 2011: (comparison)|
|Sold Properties YTD:||64|
|Total Sold Properties 2011||67|
|Closed to list price ratio:||90%|
|Homes sold 2011 vs. 2012:||2011||2012 YTD|
|Average Sold Price||503K||581K|
|Less than $500||28||31|
|$500K to $750K||25||31|
|$750K to $1M||7||15|
If you are looking to buy on Lake Wylie, consider the expert. Call Andy today 704-763-7196