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Lake Norman Waterfront Condo Market Update January 2015

Lake Norman condo market
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Lake Norman Waterfront Condos & Townhomes
In January 2015 5 waterfront condos or townhomes sold in the Lake Norman area, a 25% increase from the 4 Lake Norman waterfront condos sold in December 2014. January 2015 sales figures increased 0% from January 2014 when 5 waterfront condos sold.

The average sales price decreased 8.9% from $342,625 in December 2014 to $312,000 in January 2015. The January 2015 average sales price increased 11% from the January 2014 average sales price which was $281,050.

Average days on the market increased 172% from 65 in December 2014 to 177 in January 2015. The January 2014 average days on the market were 136, a 30.1% increase in market time.

Currently there are 59 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 $253,502, down .04% from last month. The lowest priced Lake Norman waterfront condo is listed at $124,500 and the highest priced Lake Norman waterfront condo is listed at $495,000.

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.


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