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Lake Norman Foreclosure Real Estate Market Update June 2011
- Jul
- 07
- Posted by Lake Norman Homes Realty
- Posted in Foreclosure Market, Market Updates
- 0
Lake Norman Foreclosure Homes
At the end of June 2011 there were 105 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 17% increase from the 90 foreclosure, preforeclosure & short sale properties for sale in May 2011. Prices range from $24,900 to $1,400,000 for a waterfront home in Mooresville.
21 foreclosure/short sale homes closed in June 2011. This was an increase of 31% from the 16 foreclosure homes sold in May 2011. The average home sold was a 3 bedroom/3 bath with 3,035 square feet and an average sale price of $344,223. The average sales price increased 3% from the previous months average sale price of $334,087. The average days on the market were 153, an 27 day increase from May 2011.
Thirty foreclosure and short sale properties are currently under contract, a 6% decrease from May 2011. (more…)
Lake Norman Real Estate Market Update June 2011
- Jul
- 07
- Posted by Lake Norman Homes Realty
- Posted in Market Updates
- 1
Lake Norman Homes
In June 2011 101 homes sold in the Lake Norman area, a 63% increase from the 62 homes sold in May 2011. June 2011 sales figures decreased 12% from June 2010 when 115 homes sold in the Lake Norman area.
The average sales price decreased 17% from $566,841 in May 2011 to $472,811 in June 2011. The June 2011 average sales price decreased 16% from the June 2010 average sales price which was $564,421.
Average days on the market decreased 2% from 158 days in May 2011 to 155 days on the market in June 2011. June 2010 average days on the market were 141, a 10% increase in market time.
Currently there are 1270 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,326 square feeet and an average list price of $619,256 down 2% from the May average list price of $631,409. The average days on the market are 156. 144 Lake Norman homes are currently under contract, up 24% from May. (more…)
Lake Norman Foreclosure Real Estate Market Update May 2011
- Jun
- 18
- Posted by Lake Norman Homes Realty
- Posted in Foreclosure Market, Market Updates
- 6
Lake Norman Foreclosure Homes
At the end of May 2011 there were 90 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 13% decrease from the 103 foreclosure, preforeclosure & short sale properties for sale in April 2011. Prices range from $75,000 to $1,499,000 for a waterfront home in Mooresville.
Sixteen foreclosure/short sale homes closed in May 2011. This was an decrease of 24% from the 21 foreclosure homes sold in April 2011. The average home sold was a 3 bedroom/3 bath with 3,313 square feet and an average sale price of $334,087. The average sales price decreased $2,103 or .6% from the previous month. The average days on the market were 126, an 86 day decrease from May 2011.
Thirty-two foreclosure and short sale properties are currently under contract, a 0% decrease from April 2011. (more…)
Lake Norman Real Estate Market Update May 2011
- Jun
- 18
- Posted by Lake Norman Homes Realty
- Posted in Market Updates
- 0
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. (more…)
April 2011 Lake Norman Waterfront Real Estate Market Update
- May
- 12
- Posted by Lake Norman Homes Realty
- Posted in Market Updates, Waterfront Market
- 0
Lake Norman Waterfront Homes
In April 2011 24 waterfront homes sold in the Lake Norman area, a 14% decrease from the 28 waterfront homes sold in March 2011. April 2011 waterfront sales figures increased 41% from April 2010 when 17 waterfront homes sold in the Lake Norman area.
The average sales price increased 2% from $760,741 in March 2011 to $774,829 in April 2011. April 2011 average sales price decreased 9% from the April 2010 average sales price which was $852,229.
Average days on the market increased from 203 in March 2011 to 209 in April 2011, a 3% increase in market time. April 2010 average days on the market were 183, a 14% increase in market time.
Currently there are 438 Lake Norman waterfront homes listed in the MLS with 43 of those under contract, down 17% from March. The average list price is $1,014,037, down 2% from March. The lowest priced Lake Norman waterfront home is listed at $142,500 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 (more…)
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