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Lake Norman Waterfront Condo Market Update December 2015

Lake Norman condo market

Lake Norman Waterfront Condo Market Update December 2015

Lake Norman Waterfront Condos & Townhomes
In December 2015 9 waterfront condos or townhomes sold in the Lake Norman area, a 28.6% increase from the 7 Lake Norman waterfront condos sold in November. December 2015 sales figures increased 125% from December 2014 when 4 Lake Norman waterfront condos sold.

The average sales price increased 54.1% from $244,786 in November to $377,333 in December. The December 2015 average sales price increased 14.6% from the December 2014 average sales price which was $329,375.

Average days on the market decreased 26.7% from 90 in November to 66 days on the market in December. The December 2014 average days on the market were 73, a 9.6% decrease in market time.

Currently there are 44 Lake Norman waterfront condos listed in the MLS with 9 of those under contract, a 12.5% increase from December. The average list price is $279,389, down 1.2% from last month. The lowest priced Lake Norman waterfront condo is listed at $149,900 and the highest priced Lake Norman waterfront condo is listed at $729,000.

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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Lake Norman Waterfront Condo Market Update November 2015

Lake Norman condo market

Lake Norman Waterfront Condo Market Update November 2015

Lake Norman Waterfront Condos & Townhomes
In November 2015 7 waterfront condos or townhomes sold in the Lake Norman area, a 12.5% decrease from the 8 Lake Norman waterfront condos sold in October. November 2015 sales figures decreased 30% from November 2014 when 10 Lake Norman waterfront condos sold.

The average sales price decreased .4% from $245,750 in October to $244,786 in November. The November 2015 average sales price decreased 17.4% from the November 2014 average sales price which was $296,450.

Average days on the market increased 47.5% from 61 in October to 90 days on the market in November. The November 2014 average days on the market were 121, a 25.6% decrease in market time.

Currently there are 41 Lake Norman waterfront condos listed in the MLS with 8 of those under contract, a 33% decrease from November. The average list price is $282,744, down 3.3% from last month. The lowest priced Lake Norman waterfront condo is listed at $149,900 and the highest priced Lake Norman waterfront condo is listed at $729,000.

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