Lake Norman Foreclosure Real Estate Market Update November 2014

Buying A Foreclosure

Lake Norman Foreclosure Market Update

Lake Norman Foreclosure Homes
In November 2014 there were 26 Lake Norman foreclosure homes listed in the Lake Norman MLS area, a 62.5% increase from the 16 foreclosure properties for sale in November 2013.

3 Lake Norman foreclosure homes closed in November 2014. This was a decrease of 57.1% from the 7 Lake Norman foreclosures sold in November 2013. The average Lake Norman foreclosure sale price was $283,167 in November 2014. The average sales price increased 32.4% from the November 2013 average sale price of $213,878. The average days on the market were 71, a 15 day decrease from November 2013.

1 Lake Norman foreclosure home is currently under contract, 3.8% of the available Lake Norman foreclosure homes for sale.

View all the Lake Norman home foreclosures, preforeclosures and short sales.
View all the Lake Norman waterfront foreclosures, preforeclosures and short sales.

Lake Norman Foreclosure Condos & Townhomes
At the end of November 2014 there were 3 Lake Norman foreclosure condos and/or townhomes listed in the Lake Norman MLS area, a 50% increase from the 2 foreclosure condos listed for sale in November 2013.

Zero Lake Norman foreclosure condos/townhomes sold in November 2014. This was an decrease of 0% from the zero foreclosure condos sold in November 2013. The average sales price in November 2014 was N/A, a 0% decrease from November 2013 average sales price of N/A. Zero Lake Norman foreclosure condo units are currently under contract, down 100% from the two Lake Norman condos under contract in November 2013.

View all the Lake Norman condo foreclosures, preforeclosures and short sales for sale.

If you need help stopping foreclosure on your Lake Norman property please give us a call at 866-LakeNorman.

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