Lake Norman Waterfront Market Update

Lake Norman Waterfront Homes
In November 2012 26 Lake Norman waterfront homes closed, a 8.3% increase from the 24 waterfront homes sold in October 2012. November 2012 waterfront sales figures increased 100% from November 2011 when 13 waterfront homes sold in the Lake Norman area.

The average sales price decreased 27.7% from $952,729 in October to $689,025 in November. November 2012 average sales price increased 23.6% from the November 2011 average sales price which was $557,269.

Average days on the market decreased 19.1% from 189 in October to 153 in November. November 2011 average days on the market were 192, a 20.3% decrease in market time.

Currently there are 297 Lake Norman waterfront homes listed in the MLS, down 8.9% from October. The average list price is $1,061,180, up 11.4% from October. The lowest priced Lake Norman waterfront home is listed at $199,000 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 November 2012 3 Lake Norman waterfront condos or townhomes sold in the Lake Norman area, a 57.1% decrease from the 7 waterfront condos sold in October. November 2012 sales figures decreased 50% from November 2011 when 6 waterfront condos sold.

The average sales price decreased 22% from $239,857 in October to $187,000 in November. November 2012 average sales price increased 20.1% from the November 2011 average sales price which was $155,750.

Average days on the market decreased from 145 in October to 91 in November 2011. November 2011 average days on the market were 127.

Currently there are 42 Lake Norman waterfront condos listed in the MLS a 16% decrease from October. The average list price is $268,910 down .2% from $269,464 last month. The lowest priced Lake Norman waterfront condo is listed at $136,900 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 November 2012 10 waterfront lots sold in the Lake Norman area, a 25% increase from the 8 waterfront lots sold in October. The average sales price was $233,800, down 30.1% from the October average sales price which was $334,275.

November 2012 sales figures increased 150% from November 2011 when 4 Lake Norman waterfront lots sold. The average sales price decreased 52% from the November  2011 average sales price of $487,000.

Currently there are 238 Lake Norman waterfront lots listed in the MLS, down 4% from October. The average list price is $365,187, down 1% 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 website: Search Lake Norman Listings