fbpx

Lake Norman Condo Market Update April 2016

Lake Norman condo market
Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
    5
    Shares

Lake Norman Condo Market Update April 2016

Lake Norman Condos & Townhomes
In April 28 condos/townhomes sold in the Lake Norman area, a 3.4% decrease from the 29 condos or townhomes sold in March. April 2016 sales figures decreased 12.5% from April 2015 when 32 Lake Norman condos sold.

The average sales price decreased 7.2% from $218,796 in March to $202,963 in April. The April 2016 average sales price increased 16.1% from the April 2015 average sales price which was $174,758.

Average days on the market decreased 2.7% from 73 in March to 71 in April. The April 2015 average days on the market were 69, a 2.9% increase in market time.

Currently there are 77 active condo/townhome listings for sale in the Lake Norman MLS area, a 0% decrease from the 77 condos for sale in April. The average list price is $289,372, up 4.8% from April’s average list price of $276,127. The average days on the market are 107. 44 Lake Norman condos/townhomes are currently under contract, a 17% decrease from April.

Stay up to date on the Lake Norman real estate market with our FREE market updates:LakeNormanHomePrices.com


Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
    5
    Shares

Leave a Reply

Your email address will not be published. Required fields are marked *