Lake Norman Waterfront Real Estate Market Update January 2012

Lake Norman Waterfront Homes
In January 2012 13 waterfront homes sold in the Lake Norman area, a 38.1% decrease from the 21 waterfront homes sold in December 2011. January 2012 waterfront sales figures decreased 18.75% from January 2011 when 16 waterfront homes sold in the Lake Norman area.

The average sales price decreased 3.5% from $659,457 in December 2011 to $636,245 in January 2012. January 2012 average sales price decreased 13.8% from the January 2011 average sales price which was $737,968.

Average days on the market decreased from 223 in December 2011 to 180 in January 2012, a 19.3% decrease in market time. January 2011 average days on the market were 184, a 2.1% decrease in market time.

Currently there are 287 Lake Norman waterfront homes listed in the MLS with 16 of those under contract, up 6.7% from December. The average list price is $1,013,313, down 2.9% from December. The lowest priced Lake Norman waterfront home is listed at $190,000 and the highest priced Lake Norman waterfront home is listed at $5,900,000.

Use our free listing service to see the current Lake Norman waterfront homes for sale: Lake Norman waterfront homes for sale

Lake Norman Waterfront Condos & Townhomes
In January 2012 4 Lake Norman waterfront condos or townhomes sold in the Lake Norman area, a 33% decrease from the 6 waterfront condos sold in December 2011. January 2012 sales figures increased 33% from January 2011 when 3 waterfront condos sold.

The average sales price increased 35.5% from $188,525 in December 2011 to $255,500 in January 2012. January 2012 average sales price increased 8.1% from the January 2011 average sales price which was $236,333. 

Average days on the market increased from 133 in December 2011 to 195 in January 2011. January 2011 average days on the market were 200.

Currently there are 62 Lake Norman waterfront condos listed in the MLS with 3 of those under contract, a 25% decrease from December. The average list price is $284,553, up .8% from $282,353 last month. The lowest priced Lake Norman waterfront condo is listed at $129,900 and the highest priced Lake Norman waterfront condo is listed at $879,000.

Use our free listing service to see the current Lake Norman waterfront condos for sale: Lake Norman waterfront condos for sale

Lake Norman Waterfront Lots
In January 2012 5 waterfront lots sold in the Lake Norman area, a 0% increase from the 5 waterfront lots sold in December 2011. The averge sales price was $537,500, up 46.9% from the December average sales price which was $365,820. January 2012 sales figures increased 67% from January 2011 when 3 Lake Norman waterfront lots sold. The average sales price increased 56.6% from the January 2011 average sales price of $343,333.

Currently there are 259 Lake Norman waterfront lots listed in the MLS with 4 of those under contract. The average list price is $337,494, up 2.7% from last month. The lowest priced Lake Norman waterfront lot is listed at $25,000 and the highest priced Lake Norman waterfront lot is listed at $1,999,999.

If  you would like to search for Lake Norman properties for sale please visit our website: Search Lake Norman Listings

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