In this episode of the Lake Norman Home Team Podcast, Erik Sanchez of Melissa Sanchez & Associates shares an in-depth look at the latest Lake Norman real estate market data. Recorded the first week of November 2025, the discussion focuses on September’s closed numbers, trends across Mooresville and the greater Lake Norman area, and what buyers and sellers can expect heading into winter.
Key stats:
- New listings: Up 9% year-over-year and 14% year-to-date in Mooresville.
- Pending sales: Increased 15% in September compared to the previous year.
- Closed sales: Rose 13% year-over-year, reflecting strong buyer activity.
- Seller performance: Homes are selling for 94–95% of the original list price.
- Inventory: Slightly higher than last year but still a seller’s market with under four months of supply.
The conversation also explores the growing impact of new home construction, particularly in Mooresville and Troutman. Prices have risen sharply since 2020, but incentives are now back—builders are offering rate buy-downs, closing cost assistance, and upgrades on move-in-ready homes. Eric explains why this makes late fall an ideal time to purchase new construction.
For homeowners considering a sale, Erik offers clear guidance on pricing, timing, and preparation, emphasizing that partnering with a trusted real estate advisor is key. Whether relocating, upsizing, or downsizing, understanding current trends ensures better decisions in today’s evolving market.
Learn more or connect with Melissa and Eric at LakeNormanHomeTeam.com.
Contact Erik:
https://lakenormanhometeam.com/contact-us/
Learn more about Lake Norman, North Carolina real estate:
https://lakenormanhometeam.com/
Melissa Sanchez | Lake Norman Real Estate Agent
Address: 129 Mecklynn Rd Ste E, Mooresville, NC 28117
Phone: (704) 775-0258