Lake Norman Waterfront Market Update
Lake Norman Waterfront Homes
In December 2012 26 Lake Norman waterfront homes closed, a 0% increase from the 26 waterfront homes sold in November 2012. December 2012 waterfront sales figures increased 23.8% from December 2011 when 21 waterfront homes sold in the Lake Norman area.
The average sales price increased 4.6% from $689,025 in November to $720,578 in December. December 2012 average sales price increased 9.3% from the December 2011 average sales price which was $659,457.
Average days on the market decreased 3.9% from 153 in November to 147 in December. December 2011 average days on the market were 222, a 33.8% decrease in market time.
Currently there are 258 Lake Norman waterfront homes listed in the MLS, down 13.1% from October. The average list price is $1,080,532, up 1.8% from November. The lowest priced Lake Norman waterfront home is listed at $98,000 and the highest priced Lake Norman waterfront home is listed at $9,500,000.
Use our free listing service to see the current Lake Norman waterfront homes for sale: Lake Norman waterfront homes for sale
Lake Norman Waterfront Condos & Townhomes
In December 2012 5 Lake Norman waterfront condos or townhomes sold in the Lake Norman area, a 66.7% increase from the 3 Lake Norman waterfront condos sold in November. December 2012 sales figures decreased 16.7% from December 2011 when 6 waterfront condos sold.
The average sales price increased 45.5% from $187,000 in November to $272,000 in December. December 2012 average sales price increased 44.3% from the December 2011 average sales price which was $188,525.
Average days on the market decreased from 91 in November to 79 in December 2011. December 2011 average days on the market were 132.
Currently there are 43 Lake Norman waterfront condos listed in the MLS a 2.4% increase from November. The average list price is $261,381 down 2.8% from $268,910 last month. The lowest priced Lake Norman waterfront condo is listed at $124,900 and the highest priced Lake Norman waterfront condo is listed at $795,000.
Use our free listing service to see the current Lake Norman waterfront condos for sale: Lake Norman waterfront condos for sale
Lake Norman Waterfront Lots
In December 2012 7 waterfront lots sold in the Lake Norman area, a 30% decrease from the 10 waterfront lots sold in November. The average sales price was $303,285, up 29.7% from the November average sales price which was $233,800.
December 2012 sales figures increased 40% from December 2011 when 5 Lake Norman waterfront lots sold. The average sales price decreased 17.1% from the December 2011 average sales price of $365,820.
Currently there are 184 Lake Norman waterfront lots listed in the MLS, down 22% from November. The average list price is $365,814, up .2% from last month. The lowest priced Lake Norman waterfront lot is listed at $45,900 and the highest priced Lake Norman waterfront lot is listed at $1,799,999.
If you would like to search for Lake Norman waterfront properties for sale please visit our Lake Norman real estate search page: Search Lake Norman Real Estate Listings
