Blog Archives
Lake Norman Foreclosure Real Estate Market Update December 2011
- Jan
- 30
- Posted by Lake Norman Homes Realty
- Posted in Foreclosure Market, Market Updates
- 3
Lake Norman Foreclosure Homes
At the end of December 2011 there were 75 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 20% decrease from the 94 foreclosure, preforeclosure & short sale properties for sale in November 2011. Prices range from $75,000 to $5,900,000 for a waterfront home in Mooresville.
24 foreclosure/short sale homes closed in December 2011. This was an increase of 14.3% from the 21 foreclosure homes sold in November 2011. The average home sold was a 3 bedroom/3 bath with 2,857 square feet and an average sale price of $364,454. The average sales price increased 13.9% from the previous months average sale price of $319,985. The average days on the market were 179, a 58 day decrease from November 2011.
21 foreclosure and short sale properties are currently under contract, a 25% decrease from November 2011. (more…)
Lake Norman Real Estate Market Update December 2011
- Jan
- 30
- Posted by Lake Norman Homes Realty
- Posted in Market Updates
- 0
Lake Norman Homes
In December 2011 68 homes sold in the Lake Norman area, a 10.5% decrease from the 76 homes sold in November 2011. December 2011 sales figures decreased 28.4% from December 2010 when 95 homes sold in the Lake Norman area.
The average sales price increased 18.4% from $367,233 in November 2011 to $434,857 in December 2011. The December 2011 average sales price decreased .1% from the December 2010 average sales price which was $435,193.
Average days on the market increased 36.9% from 149 days in November 2011 to 204 days on the market in December 2011. December 2010 average days on the market were 173, a 17.7% increase in market time.
Currently there are 659 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,387 square feeet and an average list price of $650,120 up 4.1% from the November average list price of $624,246. The average days on the market are 192. 66 Lake Norman homes are currently under contract, down 104.5% from November! (more…)
Lake Norman Waterfront Real Estate Market Update November 2011
- Jan
- 04
- Posted by Lake Norman Homes Realty
- Posted in Market Updates, Waterfront Market
- 1
Lake Norman Waterfront Homes
In November 2011 13 waterfront homes sold in the Lake Norman area, a 51.9% decrease from the 27 waterfront homes sold in October 2011. November 2011 waterfront sales figures decreased 50% from November 2010 when 26 waterfront homes sold in the Lake Norman area.
The average sales price decreased 25.2% from $744,986 in October 2011 to $557,269 in November 2011. November 2011 average sales price decreased 43.7% from the November 2010 average sales price which was $988,961.
Average days on the market increased from 193 in October 2011 to 193 in November 2011, a 0% increase in market time. November 2010 average days on the market were 198, a 2.5% decrease in market time.
Currently there are 276 Lake Norman waterfront homes listed in the MLS with 21 of those under contract, down 34% from October. The average list price is $1,066,194, up 8.2% from October. The lowest priced Lake Norman waterfront home is listed at $195,000 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…)
Lake Norman Foreclosure Real Estate Market Update November 2011
- Jan
- 04
- Posted by Lake Norman Homes Realty
- Posted in Foreclosure Market, Market Updates
- 0
Lake Norman Foreclosure Homes
At the end of November 2011 there were 94 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 21% decrease from the 119 foreclosure, preforeclosure & short sale properties for sale in October 2011. Prices range from $69,000 to $8,000,000 for a waterfront home in Mooresville.
21 foreclosure/short sale homes closed in November 2011. This was an increase of 40% from the 15 foreclosure homes sold in October 2011. The average home sold was a 3 bedroom/3 bath with 2,832 square feet and an average sale price of $319,985. The average sales price increased 1.5% from the previous months average sale price of $315,244. The average days on the market were 121, a 61 day decrease from October 2011.
28 foreclosure and short sale properties are currently under contract, an 0% decrease from October 2011. (more…)
Lake Norman Real Estate Market Update November 2011
- Jan
- 04
- Posted by Lake Norman Homes Realty
- Posted in Market Updates
- 0
Lake Norman Homes
In November 2011 76 homes sold in the Lake Norman area, a 12.6% decrease from the 87 homes sold in October 2011. November 2011 sales figures increased 5.6% from November 2010 when 72 homes sold in the Lake Norman area.
The average sales price decreased 20.5% from $461,808 in October 2011 to $367,233 in November 2011. The November 2011 average sales price decreased 34.6% from the November 2010 average sales price which was $561,849.
Average days on the market decreased 19.5% from 185 days in October 2011 to 149 days on the market in November 2011. November 2010 average days on the market were 177, an 15.7% increase in market time.
Currently there are 952 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,345 square feeet and an average list price of $624,246 up .3% from the October average list price of $622,205. The average days on the market are 180. 135 Lake Norman homes are currently under contract, up 17% from October! (more…)
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