Lake Norman Waterfront Real Estate Market Update June 2012

Lake Norman Waterfront Homes
In June 2012 35 waterfront homes sold in the Lake Norman area, a 2.8% decrease from the 36 waterfront homes sold in May 2012. June 2012 waterfront sales figures increased 0% from June 2011 when 35 waterfront homes sold in the Lake Norman area.

The average sales price decreased 18.1% from $842,516 in May to $690,395 in June. June 2012 average sales price decreased 15% from the June 2011 average sales price which was $811,771.

Average days on the market decreased 18.7% from 166 in May to 135 in June. June 2011 average days on the market were 161, a 16.1% decrease in market time.

Currently there are 285 Lake Norman waterfront homes listed in the MLS, up 12.2% from May. The average list price is $1,004,343, up 2% from May. 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 June 2012 8 Lake Norman waterfront condos or townhomes sold in the Lake Norman area, a 0% increase from the 8 waterfront condos sold in May. June 2012 sales figures increased 0% from June 2011 when 8 waterfront condos sold.

The average sales price decreased 5.7% from $200,062 in May to $188,562 in June. June 2012 average sales price decreased 17.1% from the June 2011 average sales price which was $227,375.

Average days on the market increased from 155 in May to 128 in June 2011. June 2011 average days on the market were 91.

Currently there are 49 Lake Norman waterfront condos listed in the MLS a 25.6% increase from May. The average list price is $268,295 down .6% from $269,921 last month. The lowest priced Lake Norman waterfront condo is listed at $129,900 and the highest priced Lake Norman waterfront condo is listed at $529,500.

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 June 2012 4 waterfront lots sold in the Lake Norman area, a 0% decrease from the 4 waterfront lots sold in May. The averge sales price was $282,500, up 70.8% from the May average sales price which was $165,375.

June 2012 sales figures decreased 33% from June 2011 when 6 Lake Norman waterfront lots sold. The average sales price decreased 14.2% from the June 2011 average sales price of $329,066.

Currently there are 185 Lake Norman waterfront lots listed in the MLS, up 20.9% from May. The average list price is $368,119 down 5.3% 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

Join The Discussion

Compare listings

Compare