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Lake Norman condo market update

April 2016 Lake Norman Waterfront Condo Market Update

April 2016 Lake Norman Waterfront Condo Market Update

Lake Norman Waterfront Condos & Townhomes
In April 5 waterfront condos or townhomes sold in the Lake Norman area, an 50% decrease from the 10 Lake Norman waterfront condos sold in March. April 2016 sales figures decreased 54.5% from April 2015 when 11 Lake Norman waterfront condos sold.

The average sales price increased .2% from $244,370 in March to $244,950 in April. The April 2016 average sales price increased 16.2% from the April 2015 average sales price which was $210,718.

Average days on the market increased 133% from 57 in March to 133 days on the market in April. The April 2015 average days on the market were 105, a 26.7% increase in market time.

Currently there are 50 active Lake Norman waterfront condos listed in the MLS with 6 also under contract, a 20% increase from April. The average list price is $316,598, up 1.9% from last month. The lowest priced active Lake Norman waterfront condo is listed at $154,900 and the highest priced active Lake Norman waterfront condo is listed at $725,000.

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Lake Norman condo market update

April 2016 Lake Norman Condo Market Update

April 2016 Lake Norman Condo Market Update

Lake Norman Condos & Townhomes
In April 28 condos/townhomes sold in the Lake Norman area, a 3.4% decrease from the 29 condos or townhomes sold in March. April 2016 sales figures decreased 12.5% from April 2015 when 32 Lake Norman condos sold.

The average sales price decreased 7.2% from $218,796 in March to $202,963 in April. The April 2016 average sales price increased 16.1% from the April 2015 average sales price which was $174,758.

Average days on the market decreased 2.7% from 73 in March to 71 in April. The April 2015 average days on the market were 69, a 2.9% increase in market time.

Currently there are 77 active condo/townhome listings for sale in the Lake Norman MLS area, a 0% decrease from the 77 condos for sale in April. The average list price is $289,372, up 4.8% from April’s average list price of $276,127. The average days on the market are 107. 44 Lake Norman condos/townhomes are currently under contract, a 17% decrease from April.

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

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Lake Norman condo market update

March 2016 Lake Norman Waterfront Condo Market

Lake Norman Waterfront Condo Market Update March 2016

Lake Norman Waterfront Condos & Townhomes
In March 10 waterfront condos or townhomes sold in the Lake Norman area, an 11% increase from the 9 Lake Norman waterfront condos sold in February. March 2016 sales figures increased 42.9% from March 2015 when 7 Lake Norman waterfront condos sold.

The average sales price increased 13.3% from $215,611 in February to $244,370 in March. The March 2016 average sales price increased 2.5% from the March 2015 average sales price which was $238,500.

Average days on the market decreased 52.9% from 121 in February to 57 days on the market in March. The March 2015 average days on the market were 126, a 54.8% decrease in market time.

Currently there are 48 active Lake Norman waterfront condos listed in the MLS with 5 also under contract, a 37.5% decrease from March. The average list price is $310,806, up 2.1% from last month. The lowest priced active Lake Norman waterfront condo is listed at $139,900 and the highest priced active Lake Norman waterfront condo is listed at $725,000.

Use our free listing service to see the current Lake Norman waterfront condos for sale: Lake Norman waterfront condos for sale

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Lake Norman condo market update

March 2016 Lake Norman Condo Market Update

March 2016 Lake Norman Condo Market Update

Lake Norman Condos & Townhomes
In March 29 condos/townhomes sold in the Lake Norman area, a 3.3% decrease from the 30 condos or townhomes sold in February. March 2016 sales figures increased 16% from March 2015 when 25 Lake Norman condos sold.

The average sales price increased 4.6% from $209,231 in February to $218,796 in March. The March 2016 average sales price increased 12.1% from the March 2015 average sales price which was $195,193.

Average days on the market decreased 1.4% from 74 in February to 73 in March. The March 2015 average days on the market were 77, a 5.2% decrease in market time.

Currently there are 77 active condo/townhome listings for sale in the Lake Norman MLS area, a 6.1% decrease from the 82 condos for sale in March. The average list price is $276,127, up 5.2% from March’s average list price of $262,574. The average days on the market are 109. 53 Lake Norman condos/townhomes are currently under contract, a 23.3% increase from March.

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

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Lake Norman condo market update

Lake Norman Waterfront Condo Market Update February 2016

Lake Norman Waterfront Condo Market Update February 2016

Lake Norman Waterfront Condos & Townhomes
In February 9 waterfront condos or townhomes sold in the Lake Norman area, a 200% increase from the 3 Lake Norman waterfront condos sold in January. February 2016 sales figures increased 80% from February 2015 when 5 Lake Norman waterfront condos sold.

The average sales price decreased 15.2% from $254,333 in January to $215,611 in February. The February 2016 average sales price decreased 7.1% from the February 2015 average sales price which was $232,000.

Average days on the market decreased 43.5% from 214 in January to 121 days on the market in February. The February 2015 average days on the market were 54, a 124.1% increase in market time.

Currently there are 45 active Lake Norman waterfront condos listed in the MLS with 8 also under contract, a 27% decrease from February. The average list price is $304,450, down 3.5% from last month. The lowest priced active Lake Norman waterfront condo is listed at $139,900 and the highest priced active Lake Norman waterfront condo is listed at $725,000.

Use our free listing service to see the current Lake Norman waterfront condos for sale: Lake Norman waterfront condos for sale

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