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Lake Norman Waterfront Condo Market Update October 2017

Lake Norman waterfront condo market update
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Lake Norman Waterfront Condo Update October 2017

Lake Norman Waterfront Condos & Townhomes
In October 2017 10 waterfront condos or townhomes sold in the Lake Norman area, a 0% decrease from the 10 Lake Norman waterfront condos sold in September 2017. October 2017 sales figures decreased 23.1% from October 2016 when 13 Lake Norman waterfront condos sold.

The average sales price decreased 9.8% from $279,590 in September to $252,250 in October. The October 2017 average sales price decreased 1.3% from the October 2016 average sales price which was $255,615.

Average days on the market increased 28.9% from 38 in September to 49 days on the market in October. The October 2016 average days on the market were 117, a 58.1% decrease in market time from one year ago.

Currently there are 11 active Lake Norman waterfront condos listed in the MLS with 9 also under contract, a 10% increase in active inventory from October. The average list price is $296,417, up 42% from last month. The lowest priced active Lake Norman waterfront condo is listed at $184,900 and the highest priced active Lake Norman waterfront condo is listed at $950,000.

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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