December 2010 Lake Norman Waterfront Real Estate Market Update

Lake Norman Waterfront Homes
In December 2010 30 waterfront homes sold in the Lake Norman area, a 15% increase from the 26 waterfront homes sold in November 2010. December 2010 waterfront sales figures increased 114% from December 2009 when 14 waterfront homes sold in the Lake Norman area.

The average sales price decreased 37% from $988,961 in November 2010 to $627,050 in December 2010. December 2010 average sales price decreased 48% from the December 2009 average sales price which was $1,214,971.

Average days on the market decreased from 198 in November 2010 to 180 in December 2010, a 9% decrease in market time. December 2009 average days on the market were 135.

Currently there are 421 Lake Norman waterfront homes listed in the MLS with 45 of those under contract. The average list price is $1,053,734. The lowest priced Lake Norman waterfront home is listed at $179,900 and the highest priced Lake Norman waterfront home is listed at $9,500,000.

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

Lake Norman Waterfront Condos & Townhomes
In December 2010 4 waterfront condos sold in the Lake Norman area, a 33% increase from the 3 waterfront condos sold in November 2010. December 2010 sales figures decreased 20% from December 2009 when 5 waterfront condos sold.

The average sales price decreased 5% from $281,000 in November 2010 to $268,125 in December 2010. December 2010 average sales price decreased 26% from the December 2009 average sales price which was $361,500. 

Average days on the market increased from 114 in November 2010 to 206 in December 2010. December 2009 average days on the market were 160.

Currently there are 64 Lake Norman waterfront condos listed in the MLS with 5 of those under contract. The average list price is $293,119 up 1% from last month. The lowest priced Lake Norman waterfront condo is listed at $129,900 and the highest priced Lake Norman waterfront condo is listed at $895,000.

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

Lake Norman Waterfront Lots
In December 2010 3 waterfront lots sold in the Lake Norman area, a 40% decrease from the 5 waterfront lots sold in November 2010. The average sales price was $593,000, up 155% from the November average sales price which was $232,105. December 2010 sales figures increased 300% from December 2009 when 1 Lake Norman waterfront lot sold.

Currently there are 273 Lake Norman waterfront lots listed in the MLS with 7 of those under contract. The average list price is $416,717, down 4% from last month. The lowest priced Lake Norman waterfront lot is listed at $22,900 and the highest priced Lake Norman waterfront lot is listed at $2,000,000.

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

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

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