November 2010 Lake Norman Waterfront Real Estate Market Update

Lake Norman Waterfront Homes
In November 2010 26 waterfront homes sold in the Lake Norman area, a 44% increase from the 18 waterfront homes sold in October 2010. November 2010 waterfront sales figures increased 136% from November 2009 when 11 waterfront homes sold in the Lake Norman area.

The average sales price increased 6% from $932,250 in October 2010 to $988,961 in November 2010. November 2010 average sales price increased 25% from the November 2009 average sales price which was $788,772.

Average days on the market increased from 173 in October 2010 to 198 in November 2010, a 14% increase in market time. November 2009 average days on the market were 110.

Currently there are 452 Lake Norman waterfront homes listed in the MLS with 50 of those under contract. The average list price is $1,040,333. The lowest priced Lake Norman waterfront home is listed at $96,900 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 November 2010 3 waterfront condos sold in the Lake Norman area, a 40% decrease from the 5 waterfront condos sold in October 2010. November 2010 sales figures decreased 70% from November 2009 when 10 waterfront condos sold.

The average sales price increased 21% from $232,000 in October 2010 to $281,000 in November 2010. November 2010 average sales price decreased 3% from the November 2009 average sales price which was $288,250. 

Average days on the market increased from 110 in October 2010 to 114 in November 2010. November 2009 average days on the market were 91.

Currently there are 69 Lake Norman waterfront condos listed in the MLS with 5 of those under contract. The average list price is $291,464. The lowest priced Lake Norman waterfront condo is listed at $137,250 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 November 2010 5 waterfront lots sold in the Lake Norman area, a 20% increase from the 4 waterfront lots sold in October 2010. The average sales price was $232,105, down 40% from the October average sales price which was $383,750. November 2010 sales figures increased 150% from October 2009 when 2 Lake Norman waterfront lots sold.

Currently there are 309 Lake Norman waterfront lots listed in the MLS with 5 of those under contract. The average list price is $434,630. The lowest priced Lake Norman waterfront lot is listed at $24,900 and the highest priced Lake Norman waterfront lot is listed at $2,275,000.

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

Contact us at 866-LakeNorman!

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