Lake Norman Waterfront Condo Market Update June 2016

Lake Norman condo market
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Lake Norman Waterfront Condo Market Update June 2016

Lake Norman Waterfront Condos & Townhomes
In June 11 waterfront condos or townhomes sold in the Lake Norman area, a 175% increase from the 4 Lake Norman waterfront condos sold in May. June 2016 sales figures decreased 0% from June 2015 when 11 Lake Norman waterfront condos sold.

The average sales price decreased 6.3% from $245,875 in May to $230,309 in June. The June 2016 average sales price decreased 9.8% from the June 2015 average sales price which was $255,205.

Average days on the market decreased 49.3% from 142 in May to 72 days on the market in June. The June 2015 average days on the market were 120, a 40% decrease in market time.

Currently there are 40 active Lake Norman waterfront condos listed in the MLS with 14 also under contract, a 133% increase from June. The average list price is $302,845, down 4.3% from last month. The lowest priced active Lake Norman waterfront condo is listed at $149,900 and the highest priced active Lake Norman waterfront condo is listed at $679,000.

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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