Lake Norman Waterfront Condo Market Update June 2015

Lake Norman condo market
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Lake Norman Waterfront Condo Market Update 6/15

Lake Norman Waterfront Condos & Townhomes
In June 2015 10 waterfront condos or townhomes sold in the Lake Norman area, a 44.4% decrease from the 18 Lake Norman waterfront condos sold in May. June 2015 sales figures increased 11.1% from June 2014 when 9 Lake Norman waterfront condos sold.

The average sales price decreased .2% from $236,142 in May to $235,575 in June. The June 2015 average sales price increased 14.5% from the June 2014 average sales price which was $205,822.

Average days on the market decreased 23.1% from 104 in May to 80 in June. The June 2014 average days on the market were 52, a 53.8% increase in market time.

Currently there are 60 Lake Norman waterfront condos listed in the MLS with 16 of those under contract, a 11.1% decrease from June. The average list price is $292,350, up 2.2% from last month. The lowest priced Lake Norman waterfront condo is listed at $133,500 and the highest priced Lake Norman waterfront condo is listed at $830,000.

Use our free listing service to see the current Lake Norman waterfront condos for sale: Lake Norman waterfront condos for sale

Stay up to date on the Lake Norman real estate market with our free market updates.


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