Cell: 704-907-7907 | TollFree: 866-525-3667 | Office: 704-990-6800

Lake Norman real estate listings for sale

Lake Norman Real Estate Market Update February 2012


Lake Norman Homes
In February 2012 61 homes sold in the Lake Norman area, a 27.1% increase from the 48 homes sold in January. February 2012 sales figures increased 35.6% from February 2011 when 45 homes sold in the Lake Norman area.

The average sales price increased 18.7% from $391,015 in January to $464,026 in February. The February 2012 average sales price increased 29% from the February 2011 average sales price which was $359,736.

Average days on the market decreased 25.3% from 182 days in January to 136 days on the market in February. February 2011 average days on the market were 150, a 9.3% decrease in market time.

Currently there are 652 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,374 square feeet and an average list price of $643,099 up .5% from the January average list price of $639,981. The average days on the market are 184. 54 Lake Norman homes are currently under contract, down 46.5% from January!

Lake Norman Condos & Townhomes
In February 2012 10 condos/townhomes sold in the Lake Norman area, a 9.1% decrease from the 11 condos or townhomes sold in January 2012. February 2012 sales figures increased 11.1% from February 2011 when 9 Lake Norman condos sold.

The average sales price increased 22.9% from $161,514 in January 2012 to $198,450 in February 2012. February 2012 average sales price increased 25.6% from the February 2011 average sales price which was $157,946.

Average days on the market increased 11.8% from 169 in January to 189 in February. February 2011 average days on the market were 185.

Currently there are 110 condo/townhomes for sale in the Lake Norman MLS area. The average unit is a 2 bed/2 bath home with 1,438 square feet and an average list price of $229,081, down .8% from January’s average list price of $230,967. The average days on the market are 163. 7 Lake Norman condos/townhomes are currently under contract, a 12.5% decrease from January.

Lake Norman Lots
In February 2012 22 lots sold in the Lake Norman area, a 37.5.8% increase from the 16 lots sold in January. February 2012 sales figures increased 100% from February 2011 when 11 lots sold.

The average sales price decreased 63% from $206,500 in January to $76,497 in February. February 2012 average sales price decreased 41.3% from the February 2011 average sales price which was $130,336.

Average days on the market decreased 45.1% from 605 in January to 332 in February. February 2011 average days on the market were 199, a 66.8% increase in market time vesus the same time period last year.

Currently there are 958 lots for sale in the Lake Norman MLS area. The average list price is $150,528, down 3% from December’s average list price of $155,174. The average days on the market are 373. 28 Lake Norman area lots are currently under contract, a 26.3% decrease from January.

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

Enhanced by Zemanta
Share

Have any Question or Comment?

Leave a Reply

The Lake Norman Homes Team at Southern Homes of The Carolinas



Lake Norman Video

Featured listings

$259,000
3828 16th Street
Cypress Ridge - 3BR, 2.1BA

Mortgage Calculator

$
  %
  yrs
  %
$
$
  %
  yrs
  %
$
Monthly Gross Income $
Monthly Debt Expenses [?] $
Down Payment: $
Interest Rate: %
Loan Information
Loan Amount $
View/Edit Closing Cost Details

Connect With Us

Thanks for visiting our website. If you have any questions or need any help please don't hesitate to connect with us.

Social Media

Contact Us