April 2015 Lake Norman Condo Market Update

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Lake Norman Condos & Townhomes
In April 2015 33 condos/townhomes sold in the Lake Norman area, a 32% increase from the 25 Lake Norman condos or townhomes sold in March 2015. April 2015 sales figures increased 43.5% from April 2014 when 23 Lake Norman condos sold.

The average sales price increased 3.5% from $185,416 in March 2014 to $191,977 in April 2015. The April 2015 average sales price decreased 14.1% from the April 2014 average sales price which was $223,387.

Average days on the market decreased 6.1% from 82 in March to 77 in April. April 2014 average days on the market were 107, a 28% decrease in market time.

Currently there are 137 condo/townhomes for sale in the Lake Norman MLS area, a 29% increase from the 106 condos for sale in April. The average list price is $241,677, up 2.4% from April’s average list price of $236,090. The average days on the market are 107. 39 Lake Norman condos/townhomes are currently under contract, an 18.2% increase from April.

Stay up to date on the Lake Norman real estate market with our FREE market updates: LakeNormanHomePrices.com

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