Lake Norman Waterfront Homes
In January 2011 16 waterfront homes sold in the Lake Norman area, a 47% decrease from the 30 waterfront homes sold in December 2010. December 2010 waterfront sales figures increased 45% from January 2010 when 11 waterfront homes sold in the Lake Norman area.
The average sales price increased 18% from $627,050 in December 2010 to $737,968 in January 2011. January 2011 average sales price decreased 32% from the January 2010 average sales price which was $1,091,500.
Average days on the market decreased from 180 in December 2010 to 184 in January 2011, a 2% increase in market time. January 2010 average days on the market were 211.
Currently there are 398 Lake Norman waterfront homes listed in the MLS with 41 of those under contract, down 10% from December. The average list price is $1,055,067. The lowest priced Lake Norman waterfront home is listed at $142,500 and the highest priced Lake Norman waterfront home is listed at $9,500,000.
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