Tag Archive: lake norman real estate

Lake Norman Waterfront Real Estate Market Update January 2012

Lake Norman Waterfront Homes
In January 2012 13 waterfront homes sold in the Lake Norman area, a 38.1% decrease from the 21 waterfront homes sold in December 2011. January 2012 waterfront sales figures decreased 18.75% from January 2011 when 16 waterfront homes sold in the Lake Norman area.

The average sales price decreased 3.5% from $659,457 in December 2011 to $636,245 in January 2012. January 2012 average sales price decreased 13.8% from the January 2011 average sales price which was $737,968.

Average days on the market decreased from 223 in December 2011 to 180 in January 2012, a 19.3% decrease in market time. January 2011 average days on the market were 184, a 2.1% decrease in market time.

Currently there are 287 Lake Norman waterfront homes listed in the MLS with 16 of those under contract, up 6.7% from December. The average list price is $1,013,313, down 2.9% from December. The lowest priced Lake Norman waterfront home is listed at $190,000 and the highest priced Lake Norman waterfront home is listed at $5,900,000.

Use our free listing service to see the current Lake Norman waterfront homes for sale: Lake Norman waterfront homes for sale (more…)

Lake Norman Foreclosure Real Estate Market Update January 2012

Lake Norman Foreclosure Homes
At the end of January 2012 there were 65 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 7.5% decrease from the 75 foreclosure, preforeclosure & short sale properties for sale in December 2011. Prices range from $75,000 to $5,900,000 for a waterfront home in Mooresville.

15 foreclosure/short sale homes closed in January 2012. This was an decrease of 37.5% from the 24 foreclosure and preforeclosure homes sold in December 2011. The average home sold was a 3 bedroom/2 bath with 2,338 square feet and an average sale price of $227,726. The average sales price decreased 37.5% from the previous months average sale price of $364,454. The average days on the market were 112, a 67 day decrease from December 2011.

20 foreclosure and short sale properties are currently under contract, a 4.8% decrease from December 2011. (more…)

Lake Norman Waterfront Real Estate Market Update December 2011

Lake Norman Waterfront Homes
In December 2011 21 waterfront homes sold in the Lake Norman area, a 61.5% increase from the 13 waterfront homes sold in November 2011. December 2011 waterfront sales figures decreased 30% from December 2010 when 30 waterfront homes sold in the Lake Norman area.

The average sales price increased 18.3% from $557,269 in November 2011 to $659,457 in December 2011. December 2011 average sales price increased 5.2% from the December 2010 average sales price which was $627,050.

Average days on the market increased from 193 in November 2011 to 223 in December 2011, a 15.5% increase in market time. December 2010 average days on the market were 180, a 7.2% increase in market time.

Currently there are 261 Lake Norman waterfront homes listed in the MLS with 15 of those under contract, down 28.6% from November. The average list price is $1,043,065, down 2.2% from November. The lowest priced Lake Norman waterfront home is listed at $139,900 and the highest priced Lake Norman waterfront home is listed at $5,900,000.

Use our free listing service to see the current Lake Norman waterfront homes for sale: Lake Norman waterfront homes for sale (more…)

Lake Norman Foreclosure Real Estate Market Update December 2011

Lake Norman Foreclosure Homes
At the end of December 2011 there were 75 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 20% decrease from the 94 foreclosure, preforeclosure & short sale properties for sale in November 2011. Prices range from $75,000 to $5,900,000 for a waterfront home in Mooresville.

24 foreclosure/short sale homes closed in December 2011. This was an increase of 14.3% from the 21 foreclosure homes sold in November 2011. The average home sold was a 3 bedroom/3 bath with 2,857 square feet and an average sale price of $364,454. The average sales price increased 13.9% from the previous months average sale price of $319,985. The average days on the market were 179, a 58 day decrease from November 2011.

21 foreclosure and short sale properties are currently under contract, a 25% decrease from November 2011. (more…)

Lake Norman Real Estate Market Update December 2011

Lake Norman Homes
In December 2011 68 homes sold in the Lake Norman area, a 10.5% decrease from the 76 homes sold in November 2011. December 2011 sales figures decreased 28.4% from December 2010 when 95 homes sold in the Lake Norman area.
The average sales price increased 18.4% from $367,233 in November 2011 to $434,857 in December 2011. The December 2011 average sales price decreased .1% from the December 2010 average sales price which was $435,193.
Average days on the market increased 36.9% from 149 days in November 2011 to 204 days on the market in December 2011. December 2010 average days on the market were 173, a 17.7% increase in market time.
Currently there are 659 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,387 square feeet and an average list price of $650,120 up 4.1% from the November average list price of $624,246. The average days on the market are 192. 66 Lake Norman homes are currently under contract, down 104.5% from November! (more…)