fbpx

Lake Norman Condo Market Update June 2018

Lake Norman Condo Market Update
Spread the love
  • 2
  • 2
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
    4
    Shares

Lake Norman Condo Market Update June 2018

Lake Norman Condos & Townhomes

In June 2018 36 condos/townhomes sold in the Lake Norman area, a 16% increase from the 31 condos or townhomes sold in May 2018. June 2018 sales figures increased 2.9% from June 2017 when 35 Lake Norman condos sold.

The average sales price decreased 4.8% from $226,931 in May to $216,092 in June. The June 2018 average sales price decreased 7.7% from the June 2017 average sales price which was $234,100

Average days on the market decreased 8% from 25 in April to 23 in May. The May 2017 average days on the market were 43, a 46.5% decrease in market time from one year ago.

Currently there are 79 active condo/townhome listings for sale in the Lake Norman MLS area, a 4% increase from the 76 active condos for sale in June. The average list price is $376,857, down 3.2% from June’s average list price of $389,247. The average days on the market are 73. 71 Lake Norman condos/townhomes are currently under contract, a 1.4% increase from June. Based on this months data we are currently in a sellers market, only 2.2 months of inventory, in the Lake Norman condo market.

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

Search Lake Norman condos for sale
Get FREE email alerts of new Lake Norman condo listings


Spread the love
  • 2
  • 2
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
    4
    Shares

Leave a Reply

Your email address will not be published.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