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Category Archives: Waterfront Update

Lake Norman waterfront market update


Lake Norman Waterfront Homes
In September 2011 31 waterfront homes sold in the Lake Norman area, a 55% increase from the 20 waterfront homes sold in August 2011. September 2011 waterfront sales figures increased 55% from September 2010 when 20 waterfront homes sold in the Lake Norman area.

The average sales price increased 5.1% from $821,375 in August 2011 to $862,873 in September 2011. September 2011 average sales price increased 51.1% from the September 2010 average sales price which was $571,108.

Average days on the market decreased from 207 in August 2011 to 147 in September 2011, a 29% decrease in market time. September 2010 average days on the market were 164, a 10.4% decrease in market time.

Currently there are 389 Lake Norman waterfront homes listed in the MLS with 29 of those under contract, down 12% from August. The average list price is $992,739, up 2.3% from August. The lowest priced Lake Norman waterfront home is listed at $160,000 and the highest priced Lake Norman waterfront home is listed at $8,00,000.

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

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Lake Norman Waterfront Homes
In August 2011 20 waterfront homes sold in the Lake Norman area, a 28.6% decrease from the 28 waterfront homes sold in July  2011. August 2011 waterfront sales figures increased 33% from August 2010 when 15 waterfront homes sold in the Lake Norman area.

The average sales price increased 11.1% from $739,632 in July 2011 to $821,375 in August 2011. August 2011 average sales price decreased 18.7% from the August 2010 average sales price which was $1,010,659.

Average days on the market increased from 171 in July 2011 to 207 in August 2011, a 21% increase in market time. August 2010 average days on the market were 199, a 4% increase in market time.

Currently there are 418 Lake Norman waterfront homes listed in the MLS with 33 of those under contract, up 10% from July. The average list price is $970,828, up .13% from July. The lowest priced Lake Norman waterfront home is listed at $160,000 and the highest priced Lake Norman waterfront home is listed at $8,00,000.

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

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Lake Norman Waterfront Homes
In July 2011 28 waterfront homes sold in the Lake Norman area, a 20% decrease from the 35 waterfront homes sold in June 2011. July 2011 waterfront sales figures increased 21.7% from July 2010 when 23 waterfront homes sold in the Lake Norman area.

The average sales price decreased 8.9% from $811,771 in June 2011 to $739,632 in July 2011. July 2011 average sales price increased 9.4% from the June 2010 average sales price which was $676,030.

Average days on the market decreased from 162 in June 2011 to 171 in July 2011, a 5.6% increase in market time. July 2010 average days on the market were 155, a 10% increase in market time.

Currently there are 438 Lake Norman waterfront homes listed in the MLS with 30 of those under contract, down 42% from June. The average list price is $969,575, up 1.8% from June. The lowest priced Lake Norman waterfront home is listed at $160,000 and the highest priced Lake Norman waterfront home is listed at $4,750,000.

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

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The Lake Norman Homes Team at Southern Homes of The Carolinas



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