Lake Norman Waterfront Condo Market Update June 2017

Lake Norman waterfront condo market update
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Lake Norman Waterfront Condo Market Update June 2017

Lake Norman Waterfront Condos & Townhomes
In June 2017 11 waterfront condos or townhomes sold in the Lake Norman area, a 26.7% decrease from the 15 Lake Norman waterfront condos sold in May 2017. June 2017 sales figures increased 0% from June 2016 when 11 Lake Norman waterfront condos sold.

The average sales price increased 22.2% from $258,510 in May to $315,805 in June. The June 2017 average sales price increased 37.1% from the June 2016 average sales price which was $230,309.

Average days on the market increased 24.1% from 54 in May to 67 days on the market in June. The June 2016 average days on the market were 72, a 6.9% decrease in market time from one year ago.

Currently there are 16 active Lake Norman waterfront condos listed in the MLS with 13 also under contract, a 20% decrease in active inventory from June. The average list price is $337,069, down 1.8% from last month. The lowest priced active Lake Norman waterfront condo is listed at $165,000 and the highest priced active Lake Norman waterfront condo is listed at $659,000.

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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