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Lake Norman Waterfront Condo Market Update September 2017

Lake Norman waterfront condo market update

Lake Norman Waterfront Condo Update September 2017

Lake Norman Waterfront Condos & Townhomes
In September 2017 10 waterfront condos or townhomes sold in the Lake Norman area, a 16.7% decrease from the 12 Lake Norman waterfront condos sold in August 2017. September 2017 sales figures decreased 33.3% from September 2016 when 15 Lake Norman waterfront condos sold.

The average sales price increased 8.4% from $257,958 in August to $279,590 in September. The September 2017 average sales price increased 13.4% from the September 2016 average sales price which was $246,613.

Average days on the market increased 26.7% from 30 in August to 38 days on the market in September. The September 2016 average days on the market were 109, a 65.1% decrease in market time from one year ago.

Currently there are 12 active Lake Norman waterfront condos listed in the MLS with 12 also under contract, a 14.3% decrease in active inventory from September. The average list price is $296,417, down 5% from last month. The lowest priced active Lake Norman waterfront condo is listed at $159,500 and the highest priced active Lake Norman waterfront condo is listed at $429,000.

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

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