Lake Norman Waterfront Condo Market Update December 2015

Lake Norman Waterfront Condos & Townhomes
In December 2015 9 waterfront condos or townhomes sold in the Lake Norman area, a 28.6% increase from the 7 Lake Norman waterfront condos sold in November. December 2015 sales figures increased 125% from December 2014 when 4 Lake Norman waterfront condos sold.

The average sales price increased 54.1% from $244,786 in November to $377,333 in December. The December 2015 average sales price increased 14.6% from the December 2014 average sales price which was $329,375.

Average days on the market decreased 26.7% from 90 in November to 66 days on the market in December. The December 2014 average days on the market were 73, a 9.6% decrease in market time.

Currently there are 44 Lake Norman waterfront condos listed in the MLS with 9 of those under contract, a 12.5% increase from December. The average list price is $279,389, down 1.2% from last month. The lowest priced Lake Norman waterfront condo is listed at $149,900 and the highest priced Lake Norman waterfront condo is listed at $729,000.

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Lake Norman Waterfront Condo Market Update November 2015

Lake Norman Waterfront Condos & Townhomes
In November 2015 7 waterfront condos or townhomes sold in the Lake Norman area, a 12.5% decrease from the 8 Lake Norman waterfront condos sold in October. November 2015 sales figures decreased 30% from November 2014 when 10 Lake Norman waterfront condos sold.

The average sales price decreased .4% from $245,750 in October to $244,786 in November. The November 2015 average sales price decreased 17.4% from the November 2014 average sales price which was $296,450.

Average days on the market increased 47.5% from 61 in October to 90 days on the market in November. The November 2014 average days on the market were 121, a 25.6% decrease in market time.

Currently there are 41 Lake Norman waterfront condos listed in the MLS with 8 of those under contract, a 33% decrease from November. The average list price is $282,744, down 3.3% from last month. The lowest priced Lake Norman waterfront condo is listed at $149,900 and the highest priced Lake Norman waterfront condo is listed at $729,000.

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Lake Norman Waterfront Condo Market Update October 2015

Lake Norman Waterfront Condos & Townhomes
In October 2015 8 waterfront condos or townhomes sold in the Lake Norman area, a 46.7% decrease from the 15 Lake Norman waterfront condos sold in September. October 2015 sales figures decreased 11.1% from October 2014 when 9 Lake Norman waterfront condos sold.

The average sales price decreased 16.4% from $293,853 in September to $245,750 in October. The October 2015 average sales price increased 17.1% from the October 2014 average sales price which was $209,778.

Average days on the market increased 1.7% from 60 in September to 61 in October. The October 2014 average days on the market were 85, a 28.2% decrease in market time.

Currently there are 50 Lake Norman waterfront condos listed in the MLS with 12 of those under contract, a 20% decrease from October. The average list price is $292,283, up .8% from last month. The lowest priced Lake Norman waterfront condo is listed at $135,000 and the highest priced Lake Norman waterfront condo is listed at $765,000.

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Lake Norman Waterfront Condo Market Update September 2015

 
Lake Norman Waterfront Condos & Townhomes
In September 2015 15 waterfront condos or townhomes sold in the Lake Norman area, a 114% increase from the 7 Lake Norman waterfront condos sold in August. September 2015 sales figures increased 25% from September 2014 when 12 Lake Norman waterfront condos sold.

The average sales price increased 15.4% from $254,643 in August to $293,853 in September. The September 2015 average sales price increased 37.2% from the September 2014 average sales price which was $214,229.

Average days on the market decreased 20% from 75 in August to 60 in September. The September 2014 average days on the market were 159, a 62.3% decrease in market time.

Currently there are 53 Lake Norman waterfront condos listed in the MLS with 15 of those under contract, a 36.4% increase from September. The average list price is $289,984, down 1.3% from last month. The lowest priced Lake Norman waterfront condo is listed at $124,500 and the highest priced Lake Norman waterfront condo is listed at $765,000.

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Lake Norman Waterfront Condo Market Update August 2015

Lake Norman Waterfront Condos & Townhomes
In August 2015 8 waterfront condos or townhomes sold in the Lake Norman area, a 50% decrease from the 16 Lake Norman waterfront condos sold in July. August 2015 sales figures increased 33.3% from August 2014 when 6 Lake Norman waterfront condos sold.

The average sales price decreased 13.3% from $282,656 in July to $244,938 in August. The August 2015 average sales price decreased 14.3% from the August 2014 average sales price which was $285,667.

Average days on the market decreased 16.9% from 83 in July to 69 in August. The August 2014 average days on the market were 47, a 46.8% increase in market time.

Currently there are 49 Lake Norman waterfront condos listed in the MLS with 11 of those under contract, a 0% decrease from August. The average list price is $293,894, down 1.3% from last month. The lowest priced Lake Norman waterfront condo is listed at $124,500 and the highest priced Lake Norman waterfront condo is listed at $750,000.

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