fbpx

Lake Norman Waterfront Real Estate Market Update May 2012

Lake Norman Waterfront Homes
In May 2012 36 waterfront homes sold in the Lake Norman area, a 9.1% increase from the 33 waterfront homes sold in April 2012. May 2012 waterfront sales figures increased 63.6% from May 2011 when 22 waterfront homes sold in the Lake Norman area.

The average sales price increased 4.1% from $809,066 in April to $842,516 in May. May 2012 average sales price decreased 14.8% from the May 2011 average sales price which was $988,863.

Average days on the market increased 22.3% from 129 in April to 166 in May. May 2011 average days on the market were 178, a 6.7% decrease in market time.

Currently there are 254 Lake Norman waterfront homes listed in the MLS, up 21.5% from April. The average list price is $984,560, up .8% from April. The lowest priced Lake Norman waterfront home is listed at $179,900 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 May 2012 8 Lake Norman waterfront condos or townhomes sold in the Lake Norman area, a 33% increase from the 6 waterfront condos sold in April. May 2012 sales figures increased 14.3% from May 2011 when 7 waterfront condos sold.

The average sales price decreased 20.4% from $251,250 in April to $200,062 in May. May 2012 average sales price decreased 40.1% from the May 2011 average sales price which was $337,500.

Average days on the market increased from 96 in April to 155 in May 2011. May 2011 average days on the market were 230.

Currently there are 39 Lake Norman waterfront condos listed in the MLS a 11.4% decrease from April. The average list price is $269,921 down 2.8% from $277,722 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 $479,900.

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 May 2012 4 waterfront lots sold in the Lake Norman area, a 20% decrease from the 5 waterfront lots sold in April. The averge sales price was $165,375, down 50.3% from the April average sales price which was $332,600.

May 2012 sales figures decreased 0% from May 2011 when 4 Lake Norman waterfront lots sold. The average sales price decreased 56.2% from the May 2011 average sales price of $377,750.

Currently there are 153 Lake Norman waterfront lots listed in the MLS, down 39% from April. The average list price is $420,332 up 29.9% from last month. The lowest priced Lake Norman waterfront lot is listed at $34,900 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