Lake Norman Condos

Lake Norman Waterfront Condo Market Update January 2017

Lake Norman Waterfront Condos & Townhomes
In January 2017 8 waterfront condos or townhomes sold in the Lake Norman area, a 0% decrease from the 8 Lake Norman waterfront condos sold in December 2016. January 2017 sales figures increased 100% from January 2016 when 4 Lake Norman waterfront condos sold.

The average sales price increased 1.6% from $242,256 in December to $246,219 in January. The January 2017 average sales price increased 1.4% from the January 2016 average sales price which was $242,750.

Average days on the market increased 21.4% from 70 in December to 85 days on the market in January. The January 2016 average days on the market were 214, a 60.3% decrease in market time.

Currently there are 16 active Lake Norman waterfront condos listed in the MLS with 9 also under contract, a 0% decrease from January. The average list price is $334,818, up 5% from last month. The lowest priced active Lake Norman waterfront condo is listed at $185,400 and the highest priced active Lake Norman waterfront condo is listed at $715,000.

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