Lake Norman Real Estate Market Update September 2011

Lake Norman Homes
In September 2011 80 homes sold in the Lake Norman area, a 24.5% decrease from the 106 homes sold in August 2011. September 2011 sales figures increased 11.1% from September 2010 when 72 homes sold in the Lake Norman area.

The average sales price increased 18.1% from $441,007 in August 2011 to $520,975 in September 2011. The September 2011 average sales price increased 28.4% from the September 2010 average sales price which was $405,884.

Average days on the market increased 7% from 157 days in August 2011 to 168 days on the market in September 2011. September 2010 average days on the market were 154, a 9% increase in market time.

Currently there are 1160 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,340 square feeet and an average list price of $612,961 down 2.1% from the August average list price of $625,872. The average days on the market are 163. 180 Lake Norman homes are currently under contract, up 50% from August! (more…)

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Complete remodel with amazing views!

For more details click here: www.visualtour.com 836 Southwest Dr Davidson, NC 28036 $375000, 3 bed, 2.0 bath, 1277 SF, MLS# 2046339 Wow!!! Beautiful total makeover (more…)

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Complete remodel with amazing views!

For more details click here: www.visualtour.com 836 Southwest Dr Davidson, NC 28036 $375000, 3 bed, 2.0 bath, 1277 SF, MLS# 2046339 Wow!!! Beautiful total makeover (more…)

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Golf course home with pool!

This Divide Golf Course home is made for entertaining! Open floor plan. Great Room & Sunroom overlooks the 17th hole & your own private pool. (more…)

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Lake Norman Waterfront Real Estate Market Update August 2011

Lake Norman Waterfront Homes
In August 2011 20 waterfront homes sold in the Lake Norman area, a 28.6% decrease from the 28 waterfront homes sold in July  2011. August 2011 waterfront sales figures increased 33% from August 2010 when 15 waterfront homes sold in the Lake Norman area.

The average sales price increased 11.1% from $739,632 in July 2011 to $821,375 in August 2011. August 2011 average sales price decreased 18.7% from the August 2010 average sales price which was $1,010,659.

Average days on the market increased from 171 in July 2011 to 207 in August 2011, a 21% increase in market time. August 2010 average days on the market were 199, a 4% increase in market time.

Currently there are 418 Lake Norman waterfront homes listed in the MLS with 33 of those under contract, up 10% from July. The average list price is $970,828, up .13% from July. The lowest priced Lake Norman waterfront home is listed at $160,000 and the highest priced Lake Norman waterfront home is listed at $8,00,000.

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

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