August home sales for Lake Norman Mooresville Area

Below is a chart of the month of August comparisons for single family home sales closed and pending back to 2003. One note of interest is closed sales exceeded pending sales for the first time since 2006. Maybe a sign of lenders getting through the paperwork of some of the distressed properties. August 2010 closings were 27 vs 22 last year.

this next chart adds in new listings which includes new construction and existing home resales.

some other interesting data points to take note of when you are thinking of total new listings