Lake Norman Real Estate Market Update
Lake Norman Homes
1136 Lake Norman homes sold in 2012 in the Lake Norman area, a 22.5% increase from the 927 Lake Norman homes sold 2011.
The 2012 average sales price increased 2% to $471,847 from $462,547 in 2011.
The 2012 average days on the market decreased 16.3% from 153 days in 2011 to 128 days on the market in 2012.
Lake Norman Condos & Townhomes
190 Lake Norman condos/townhomes sold in 2012 in the Lake Norman area, an 18% increase from the 161 Lake Norman condos or townhomes sold in 2011.
The 2012 average sales price decreased .2% to $184,204 from $184,549 in 2011.
The 2012 average days on the market decreased 10.9% from 138 days in 2011 to 123 days on the market in 2012.
Lake Norman Lots
242 Lake Norman lots sold in 2012 in the Lake Norman area, a 61.3% increase from the 150 Lake Norman lots sold in 2011.
The 2012 average sales price decreased 26% to $126,689 from $171,268 in 2011.
The 2012 average days on the market increased 10.7% from 281 days in 2011 to 311 days on the market in 2012.
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