Lake Norman Waterfront Homes
In May 2011 22 waterfront homes sold in the Lake Norman area, a 8% decrease from the 24 waterfront homes sold in April 2011. May 2011 waterfront sales figures decreased 8% from May 2010 when 24 waterfront homes sold in the Lake Norman area.
The average sales price increased 28% from $774,829 in April 2011 to $988,863 in May 2011. May 2011 average sales price increased 21% from the May 2010 average sales price which was $820,079.
Average days on the market decreased from 209 in April 2011 to 178 in May 2011, a 15% decrease in market time. May 2010 average days on the market were 160, a 11% increase in market time.
Currently there are 450 Lake Norman waterfront homes listed in the MLS with 41 of those under contract, down 5% from April. The average list price is $984,495, down 3% from April. The lowest priced Lake Norman waterfront home is listed at $169,900 and the highest priced Lake Norman waterfront home is listed at $4,750,000.