Lake Norman Homes
In May 2012 116 homes sold in the Lake Norman area, a 28.9% increase from the 90 homes sold in April. May 2012 sales figures increased 87.1% from May 2011 when 62 homes sold in the Lake Norman area.
The average sales price decreased 5.8% from $524,175 in April to $494,022 in May. The May 2012 average sales price decreased 12.8% from the May 2011 average sales price which was $566,841.
Average days on the market decreased 5.4% from 149 days in April to 141 days on the market in May. May 2011 average days on the market were 158, a 10.8% decrease in market time.
Currently there are 608 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,451 square feeet and an average list price of $649,519 down .6% from the April average list price of $653,350. The average days on the market are 191.
Lake Norman Condos & Townhomes
In May 2012 15 condos/townhomes sold in the Lake Norman area, a 21.1% decrease from the 19 condos or townhomes sold in April 2012. May 2012 sales figures increased 0% from May 2011 when 15 Lake Norman condos sold.
The average sales price increased 4.5% from $174,224 in April 2012 to $181,983 in May 2012. May 2012 average sales price decreased 24.3% from the May 2011 average sales price which was $240,264.
Average days on the market decreased 25.5% from 149 in April ch to 111 in May. May 2011 average days on the market were 187.
Currently there are 89 condo/townhomes for sale in the Lake Norman MLS area, down 1.3% from April. The average unit is a 2 bed/2 bath home with 1,434 square feet and an average list price of $219,043, down 6.8% from April’s average list price of $234,949. The average days on the market are 168.
Lake Norman Lots
In May 2012 31 lots sold in the Lake Norman area, a 93.8% increase from the 16 lots sold in Apri . May 2012 sales figures increased 55% from May 2011 when 20 lots sold.
The average sales price increased 65.9% from $66,037 in April to $109,580 in May. May 2012 average sales price decreased 60.8% from the May 2011 average sales price which was $279,230.
Average days on the market decreased 61.3% from 434 in April to 168 in May. May 2011 average days on the market were 232, a 27.6% decrease in market time vesus the same time period last year.
Currently there are 882 lots for sale in the Lake Norman MLS area, down 2.8% from April. The average list price is $156,802, up 4.1% from April’s average list price of $150,566. The average days on the market are 395.
If you would like to search for Lake Norman properties for sale please visit our website: Search Lake Norman Real Estate Listings
