Lake Norman Real Estate Listing Alert Email

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Posted in Home Buyers Blog
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Posted by Lake Norman Homes Realty
Posted in Market Updates, Waterfront Market
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Lake Norman Waterfront Homes
In March 2011 28 waterfront homes sold in the Lake Norman area, a 180% increase from the 10 waterfront homes sold in February 2011. March 2011 waterfront sales figures increased 75% from March 2010 when 16 waterfront homes sold in the Lake Norman area.

The average sales price increased 50% from $507,250 in February 2011 to $760,741 in March 2011. March 2011 average sales price increased 5% from the March 2010 average sales price which was $724,400.

Average days on the market decreased from 186 in February 2011 to 203 in March 2011, a 9% increase in market time. March 2010 average days on the market were 161, an 26% increase in market time.

Currently there are 452 Lake Norman waterfront homes listed in the MLS with 52 of those under contract, up 27% from February. The average list price is $1,036,470, up .3% from February. 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…)

Posted by Lake Norman Homes Realty
Posted in Foreclosure Market, Market Updates
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Lake Norman Foreclosure Homes
At the end of March 2011 there were 124 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 1.6% increase from the 122 foreclosure, preforeclosure & short sale properties for sale in February 2011. Prices range from $30,000 for a double-wide to $1,499,000 for a waterfront home in Mooresville.

Twenty-four foreclosure/short sale homes closed in March 2011. This was an increase of 4% from the 23 foreclosure homes sold in February 2011. The average home sold was a 4 bedroom/3 bath with 3,525 square feet and an average sale price of $369,088. The average sales price increased $50,832 or 16% from the previous month. The average days on the market were 156, a 39 day increase from February 2011.

Fourty-eight foreclosure and short sale properties are currently under contract, an 9% increase from February 2011. (more…)

Posted by Lake Norman Homes Realty
Posted in Market Updates
0

Lake Norman Homes
In March 2011 77 homes sold in the Lake Norman area, a 67% increase from the 46 homes sold in February 2011. March 2011 sales figures increased 12% from March 2010 when 69 homes sold in the Lake Norman area.

The average sales price increased 32% from $354,665 in February 2011 to $468,075 in March 2011. The March 2011 average sales price increased 0% from the March 2010 average sales price which was $467,746.

Average days on the market increased 20% from 148 days in February 2011 to 178 days on the market in March 2011. March 2010 average days on the market were 173, a 3% increase in market time.

Currently there are 1265 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,353 square feeet and an average list price of $625,887 down 1% from the February average list price of $633,987. The average days on the market are 156. 177 Lake Norman homes are currently under contract, up 18% from February. (more…)

Posted by Lake Norman Homes Realty
Posted in Market Updates, Waterfront Market
0

Lake Norman Waterfront Homes
In February 2011 10 waterfront homes sold in the Lake Norman area, a 38% decrease from the 16 waterfront homes sold in January 2011. February 2011 waterfront sales figures decreased 17% from February 2010 when 12 waterfront homes sold in the Lake Norman area.

The average sales price decreased 31% from $737,968 in January 2011 to $507,250 in February 2011. February 2011 average sales price decreased 24% from the February 2010 average sales price which was $663,466.

Average days on the market decreased from 184 in January 2011 to 186 in February 2011, a 1% increase in market time. February 2010 average days on the market were 167, an 11% increase in market time.

Currently there are 421 Lake Norman waterfront homes listed in the MLS with 41 of those under contract, down 0% from January. The average list price is $1,032,863, down 2% from January. 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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Lake Norman Real Estate Listing Alert Email

March 2011 Lake Norman Waterfront Real Estate Market Update

March 2011 Lake Norman Foreclosure Real Estate Market Update

March 2011 Lake Norman Real Estate Market Update

February 2011 Lake Norman Waterfront Real Estate Market Update

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