Lake Norman Waterfront Homes
In February 2012 18 waterfront homes sold in the Lake Norman area, a 38.5% increase from the 13 waterfront homes sold in January 2012. February 2012 waterfront sales figures increased 80% from February 2011 when 10 waterfront homes sold in the Lake Norman area.
The average sales price increased 18.9% from $636,245 in January to $756,277 in February. February 2012 average sales price increased 49.1% from the February 2011 average sales price which was $507,250.
Average days on the market increased from 180 in January to 187 in February, a 19.3% decrease in market time. February 2011 average days on the market were 186, a .5% increase in market time.
Currently there are 266 Lake Norman waterfront homes listed in the MLS with 14 of those under contract, down 12.5% from January. The average list price is $999,862, down 1.3% from January. The lowest priced Lake Norman waterfront home is listed at $139,900 and the highest priced Lake Norman waterfront home is listed at $5,900,000.
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