Lake Norman Waterfront Condo Market Update November 2017

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

Lake Norman Waterfront Condos & Townhomes
In November 2017 8 waterfront condos or townhomes sold in the Lake Norman area, a 20% decrease from the 10 Lake Norman waterfront condos sold in October 2017. November 2017 sales figures decreased 20% from November 2016 when 10 Lake Norman waterfront condos sold.

The average sales price increased 18.1% from $252,250 in October to $297,800 in November. The November 2017 average sales price increased 19.7% from the November 2016 average sales price which was $248,690.

Average days on the market decreased 40.8% from 49 in October to 29 days on the market in November. The November 2016 average days on the market were 37, a 21.6% decrease in market time from one year ago.

Currently there are 17 active Lake Norman waterfront condos listed in the MLS with 5 also under contract, a 9.1% increase in active inventory from November. The average list price is $399,799, up 26% from last month. The lowest priced active Lake Norman waterfront condo is listed at $155,000 and the highest priced active Lake Norman waterfront condo is listed at $925,000.

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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