Lake Norman Homes
In June 2011 101 homes sold in the Lake Norman area, a 63% increase from the 62 homes sold in May 2011. June 2011 sales figures decreased 12% from June 2010 when 115 homes sold in the Lake Norman area.
The average sales price decreased 17% from $566,841 in May 2011 to $472,811 in June 2011. The June 2011 average sales price decreased 16% from the June 2010 average sales price which was $564,421.
Average days on the market decreased 2% from 158 days in May 2011 to 155 days on the market in June 2011. June 2010 average days on the market were 141, a 10% increase in market time.
Currently there are 1270 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,326 square feeet and an average list price of $619,256 down 2% from the May average list price of $631,409. The average days on the market are 156. 144 Lake Norman homes are currently under contract, up 24% from May. (more…)
