Currently Researching: 182 West Lake Drive S #1403 in Lake Lure, NC 28746

Homes price breakdowns in Rumbling Bald on Lake Lure

Tracking median list and sales prices in a market provides valuable information as to how values are changing in the marketplace. The closer the lines are together, the closer sellers’ and buyers’ opinion of value. Changes in median list price can signal changes that otherwise haven’t yet revealed themselves. For assistance interpreting what median list and sales price trends mean for you, please contact your agent of customer service.

In neighborhoods where properties closely resemble one another, tracking price per square foot over time can provide some basic pricing insight. It’s important to only use this graph in neighborhoods with properties of similar age, condition, and size. For help determining if price per square foot is appropriate, please contact your agent or customer service for more assistance.

This pie chart considers the distribution of sales across all of the price brackets during a specific time period and area. The chart is useful for quickly analyzing which price categories are most commonly sold and when multiple pie charts are considered for spotting consumer preferences across different geographies.

This line graph monitors the average amount of time it takes to market and close on a property. This is useful for monitoring whether a market is accelerating or decelerating. Since it is calculated from closed properties it is useful as a trailing indicator. For assistance predicting the future direction of the market based on active properties, please contact your agent or customer service.