Lake Norman Waterfront Real Estate Market Update July 2012

Lake Norman Waterfront Homes
In July 2012 36 waterfront homes sold in the Lake Norman area, a 2.9% increase from the 35 waterfront homes sold in June 2012. July 2012 waterfront sales figures increased 28.6% from July 2011 when 28 waterfront homes sold in the Lake Norman area.

The average sales price increased 8.1% from $690,395 in June to $746,077 in July. July 2012 average sales price increased .9% from the July 2011 average sales price which was $739,632.

Average days on the market decreased 11.1% from 135 in June to 120 in July. July 2011 average days on the market were 170, a 29.4% decrease in market time.

Currently there are 344 Lake Norman waterfront homes listed in the MLS, up 20.7% from May. The average list price is $984,866, down 1.9% from June. The lowest priced Lake Norman waterfront home is listed at $159,900 and the highest priced Lake Norman waterfront home is listed at $4,650,000.

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 July 2012 10 Lake Norman waterfront condos or townhomes sold in the Lake Norman area, a 25% increase from the 8 waterfront condos sold in June. July 2012 sales figures increased 100% from July 2011 when 5 waterfront condos sold.

The average sales price increased 12% from $188,562 in June to $211,140 in July. July 2012 average sales price decreased 23.3% from the July 2011 average sales price which was $275,450.

Average days on the market decreased from 128 in June to 109 in July 2011. July 2011 average days on the market were 110.

Currently there are 51 Lake Norman waterfront condos listed in the MLS a 4.1% increase from June. The average list price is $264,470 down 1.4% from $268,295 last month. The lowest priced Lake Norman waterfront condo is listed at $119,000 and the highest priced Lake Norman waterfront condo is listed at $879,000.

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 July 2012 0 waterfront lots sold in the Lake Norman area, a 100% decrease from the 4 waterfront lots sold in June. The averge sales price was $0, down 100% from the June average sales price which was $282,500.

July 2012 sales figures decreased 100% from July 2011 when 6 Lake Norman waterfront lots sold. The average sales price decreased 100% from the July 2011 average sales price of $275,450.

Currently there are 223 Lake Norman waterfront lots listed in the MLS, up 20.5% from June. The average list price is $385,961 up 4.8% from last month. The lowest priced Lake Norman waterfront lot is listed at $50,000 and the highest priced Lake Norman waterfront lot is listed at $1,999,999.

If you would like to search for Lake Norman waterfront properties for sale please visit our website: Search Lake Norman Listings

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