Lake Norman Waterfront Real Estate Market Update March 2013

///Lake Norman Waterfront Real Estate Market Update March 2013

Lake Norman Waterfront Real Estate Market Update March 2013

Lake Norman Waterfront Market Update

Lake Norman Waterfront Homes
In March 2013 29 Lake Norman waterfront homes closed, a 38.1% increase from the 21 waterfront homes sold in February 2013. March 2013 waterfront sales figures increased 16% from March 2012 when 25 waterfront homes sold in the Lake Norman area.

The average sales price decreased 19.5% from $987,369 in February to $795,187 in March. March 2013 average sales price decreased 13.6% from the March 2012 average sales price which was $920,788.

Average days on the market decreased 19.9% from 216 in February to 173 in March. March 2012 average days on the market were 164, a 5.5% increase in market time.

Currently there are 351 Lake Norman waterfront homes listed in the MLS, up 12.8% from February. The average list price is $1,099,494, up 4.2% from February. The lowest priced Lake Norman waterfront home is listed at $95,000 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 March 2013 7 Lake Norman waterfront condos or townhomes sold in the Lake Norman area, a 250% increase from the 2 Lake Norman waterfront condos sold in February 2013. March 2013 sales figures increased 250% from March 2012 when 2 waterfront condos sold.

The average sales price increased 88.2% from $127,450 in February to $239,857 in March. March 2013 average sales price increased 123% from the March 2012 average sales price which was $107,500.

Average days on the market increased from 210 in February to 128 in March. March 2012 average days on the market were 96.

Currently there are 53 Lake Norman waterfront condos listed in the Lake Norman MLS a 8.2% increase from February. The average list price is $275,341 up 2.9% from $267,467 last month. The lowest priced Lake Norman waterfront condo is listed at $127,900 and the highest priced Lake Norman waterfront condo is listed at $875,000.

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 March 2013 8 waterfront lots sold in the Lake Norman area, a 167% increase from the 3 waterfront lots sold in February 2013. The average sales price was $221,500, down 29.5% from the February average sales price which was $314,367.

March 2013 sales figures increased 60% from March 2012 when 5 Lake Norman waterfront lots sold. The average sales price decreased 33.4% from the March 2012 average sales price of $332,600.

Currently there are 246 Lake Norman waterfront lots listed in the Lake Norman MLS, up 16% from February. The average list price is $389,662, down .5% 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 $2,390,000.

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

By |2013-04-23T16:03:31+00:00April 23rd, 2013|Market Updates, Waterfront Market Update|0 Comments

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