Showing posts with label lake norman condo. Show all posts
Showing posts with label lake norman condo. Show all posts

Tuesday, June 21, 2011

Lake Norman Real Estate Market Update May 2011

Lake Norman Homes
In May 2011 62 homes sold in the Lake Norman area, a 28% decrease from the 86 homes sold in April 2011. May 2011 sales figures decreased 39% from May 2010 when 101 homes sold in the Lake Norman area.

The average sales price increased 24% from $457,836 in April 2011 to $566,841 in May 2011. The May 2011 average sales price increased 29% from the May 2010 average sales price which was $438,702.

Average days on the market increased 0% from 158 days in April 2011 to 158 days on the market in May 2011. May 2010 average days on the market were 130, a 22% increase in market time.

Currently there are 1178 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,365 square feeet and an average list price of $631,409 down .3% from the April average list price of $633,611. The average days on the market are 165. 116 Lake Norman homes are currently under contract, down 14% from April.

Lake Norman Condos & Townhomes
In May 2011 15 condos/townhomes sold in the Lake Norman area, a 25% increase from the 12 condos or townhomes sold in April 2011. May 2011 sales figures increased 36% from Mayu 2010 when 11 condos sold.

The average sales price increased 15% from $208,732 in April 2011 to $240,264 in May 2011. May 2011 average sales price increased 28% from the May 2010 average sales price which was $188,354.

Average days on the market increased 56% from 120 in April to 187 in May. May 2010 average days on the market were 80.

Currently there are 197 condo/townhomes for sale in the Lake Norman MLS area. The average unit is a 2 bed/2 bath home with 1,378 square feeet and an average list price of $217,053, up 2% from April’s average list price of $212,442. The average days on the market are 156. 11 Lake Norman condos/townhomes are currently under contract, a 21% decrease from April.

Lake Norman Lots
In May 2011 20 lots sold in the Lake Norman area, an 82% increase from the 11 lots sold in April 2011. May 2011 sales figures increased 43% from May 2010 when 14 lots sold.

The average sales price increased 57% from $178,318 in April 2011 to $279,200 in May 2011. May 2011 average sales price increased 96% from the May 2010 average sales price which was $142,642.

Average days on the market decreased 33% from 348 in April 2011 to 232 in May 2011. May 2010 average days on the market were 148, a 57% increase in market time vesus the same time period last year.

Currently there are 1306 lots for sale in the Lake Norman MLS area. The average list price is $170,062, up 3.6% from April’s average list price of $163,895. The average days on the market are 416. 24 Lake Norman area lots are currently under contract, a 17% decrease from April.

Search Lake Norman Real Estate Listings

The Lake Norman Homes Team
Realtors®/Brokers
Keller Williams Realty
www.LakeNormanHomes.com

Friday, May 13, 2011

April 2011 Lake Norman Real Estate Market Update

Lake Norman Homes
In April 2011 86 homes sold in the Lake Norman area, a 12% increase from the 77 homes sold in March 2011. April 2011 sales figures increased 18% from April 2010 when 73 homes sold in the Lake Norman area.

The average sales price decreased 2% from $468,075 in March 2011 to $457,836 in April 2011. The April 2011 average sales price decreased 1% from the April 2010 average sales price which was $462,492.

Average days on the market increased 20% from 178 days in March 2011 to 158 days on the market in April 2011. April 2010 average days on the market were 174, a 9% decrease in market time.

Currently there are 1237 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,369 square feeet and an average list price of $633,611 up 1% from the March average list price of $625,887. The average days on the market are 159. 135 Lake Norman homes are currently under contract, down 31% from March.

Lake Norman Condos & Townhomes
In April 2011 12 condos/townhomes sold in the Lake Norman area, a 20% decrease from the 15 condos or townhomes sold in March 2011. April 2011 sales figures decreased 14% from April 2010 when 14 condos sold.

The average sales price increased 10% from $188,986 in March 2011 to $208,732 in April 2011. April 2011 average sales price increased 16% from the April 2010 average sales price which was $179,278.

Average days on the market decreased 4% from 125 in March to 120 in April. April 2010 average days on the market were 164.

Currently there are 201 condo/townhomes for sale in the Lake Norman MLS area. The average unit is a 2 bed/2 bath home with 1,362 square feeet and an average list price of $212,442, down 2.5% from March’s average list price of $218,048. The average days on the market are 148. 14 Lake Norman condos/townhomes are currently under contract, a 30% decrease from March.

Lake Norman Lots
In April 2011 11 lots sold in the Lake Norman area, a 31% decrease from the 16 lots sold in March 2011. April 2011 sales figures decreased 15% from April 2010 when 13 lots sold.

The average sales price increased 5% from $169,711 in March 2011 to $178,318 in April 2011. April 2011 average sales price increased 126% from the April 2010 average sales price which was $78,887.

Average days on the market decreased 13% from 398 in March 2011 to 348 in April 2011. April 2010 average days on the market were 373, a 6% decrease in market time vesus the same time period last year.

Currently there are 1335 lots for sale in the Lake Norman MLS area. The average list price is $163,895, down .6% from March’s average list price of $164,910. The average days on the market are 374. 29 Lake Norman area lots are currently under contract, a 3% decrease from March.

If you would like to search for Lake Norman properties for sale please visit our website: Search Lake Norman Real Estate Listings

The Lake Norman Homes Team
Realtors®/Brokers
Keller Williams Realty
www.LakeNormanHomes.com

Tuesday, November 9, 2010

October 2010 Lake Norman Real Estate Market Update

Lake Norman Homes

In October 2010 65 homes sold in the Lake Norman area, an 11% decrease from the 73 homes sold in September 2010. October 2010 sales figures decreased 27% from October 2009 when 89 homes sold in the Lake Norman area.

The average sales price increased 27% from $403,913 in September 2010 to $512,183 in October 2010. The October 2010 average sales price increased 5% from the October 2009 average sales price which was $487,222.

Average days on the market increased 3% from 138 days in September 2010 to 142 days on the market in October 2010. October 2009 average days on the market were 77, a 84% increase in market time.

Currently there are 1275 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath home with 3,385 square feeet and an average list price of $647,038. The average days on the market are 164. 162 homes are currently under contract.

Lake Norman Condos & Townhomes
In October 2010 9 condos sold in the Lake Norman area, an 47% decrease from the 17 condos sold in September 2010. October 2010 sales figures decreased 47% from October 2009 when 17 condos sold.

The average sales price increased 13% from $183,331 in September 2010 to $207,555 in October 2010. October 2010 average sales price increased 14% from the October 2009 average sales price which was $181,664.

Average days on the market decreased 10% from 126 in September to 114 in October. October 2009 average days on the market were 68.

Currently there are 192 condo/townhomes for sale in the Lake Norman MLS area. The average unit is a 2 bed/2 bath home with 1,398 square feeet and an average list price of $223,378. The average days on the market are 164. 15 Lake Norman condos/townhomes are currently under contract.

Lake Norman Lots
In October 2010 14 lots sold in the Lake Norman area, a 250% increase from the 4 lots sold in September 2010. October 2010 sales figures increased 17% from October 2009 when 12 lots sold.

The average sales price increased 205% from $43,612 in September 2010 to $133,104 in October 2010. October 2010 average sales price decreased 24% from the October 2009 average sales price which was $174,291.

Average days on the market increased from 226 in September 2010 to 228 in October 2010. October 2009 average days on the market were 102, a 124% increase in market time vesus the same time period last year.

Currently there are 1428 lots for sale in the Lake Norman MLS area. The average list price is $177,563. The average days on the market are 362. 26 lots are currently under contract.

If you would like to search for Lake Norman properties for sale please visit our website: Search Lake Norman Listings

Contact us at 866-LakeNorman for all of your Lake Norman real estate needs!

The Lake Norman Homes Team
Realtors®/Brokers
Keller Williams Realty
http://lakenormanhomes.com/