Tag Archives: real estate market

Lake Norman Waterfront Condo Market Update January 2018

Lake Norman waterfront condo market update

Lake Norman Waterfront Condo Market Update January 2018

In January 2018 4 waterfront condos or townhomes sold in the Lake Norman area, a 50% decrease from the 8 Lake Norman waterfront condos sold in December 2017. January 2018 sales figures decreased 50% from January 2017 when 8 Lake Norman waterfront condos sold.

The average sales price decreased 25% from $253,125 in December 2017 to $189,475 in January 2018. The January 2018 average sales price decreased 23% from the January 2017 average sales price which was $246,219.

Average days on the market decreased 34% from 47 in December 2017 to 31 days on the market in January 2018. The January 2017 average days on the market were 85, a 63.5% decrease in market time from one year ago.

Currently there are 18 active Lake Norman waterfront condos listed in the MLS with 7 also under contract, a 20% increase in active inventory from January. The average list price is $327,219, down 8.7% from last month. The lowest priced active Lake Norman waterfront condo is listed at $169,900 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

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Lake Norman Waterfront Condo Market Update December 2017

Lake Norman waterfront condo market update

Lake Norman Waterfront Condo Market Update December 2017

Lake Norman Waterfront Condos & Townhomes
In December 2017 8 waterfront condos or townhomes sold in the Lake Norman area, a 0% decrease from the 8 Lake Norman waterfront condos sold in November 2017. December 2017 sales figures decreased 0% from December 2016 when 8 Lake Norman waterfront condos sold.

The average sales price decreased 15% from $297,800 in November to $253,125 in December. The December 2017 average sales price increased 4.5% from the December 2016 average sales price which was $242,256.

Average days on the market increased 38.3% from 29 in November to 47 days on the market in December. The December 2016 average days on the market were 70, a 32.9% decrease in market time from one year ago.

Currently there are 13 active Lake Norman waterfront condos listed in the MLS with 5 also under contract, a 23.5% decrease in active inventory from December. The average list price is $421,238, up 5.4% from last month. The lowest priced active Lake Norman waterfront condo is listed at $209,000 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.