Lake Norman Waterfront Homes
In June 2011 35 waterfront homes sold in the Lake Norman area, a 59% increase from the 22 waterfront homes sold in May 2011. June 2011 waterfront sales figures decreased 2.8% from June 2010 when 36 waterfront homes sold in the Lake Norman area.
The average sales price decreased 18% from $988,863 in May 2011 to $811,771 in June 2011. June 2011 average sales price decreased 24% from the June 2010 average sales price which was $1,073,498.
Average days on the market decreased from 178 in May 2011 to 162 in June 2011, a 9% decrease in market time. June 2010 average days on the market were 156, a 4% increase in market time.
Currently there are 478 Lake Norman waterfront homes listed in the MLS with 52 of those under contract, up 27% from May. The average list price is $952,264, down 3% from May. 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.
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