Lake Norman Foreclosure Market Update
Lake Norman Foreclosure Homes
In October 2014 there were 21 Lake Norman foreclosure homes listed in the Lake Norman MLS area, a 31.25% increase from the 16 foreclosure properties for sale in October 2013.
9 Lake Norman foreclosure homes closed in October 2014. This was a decrease of 0% from the 9 Lake Norman foreclosures sold in October 2013. The average Lake Norman foreclosure sale price was $403,153 in October 2014. The average sales price increased 78.4% from the October 2013 average sale price of $226,000. The average days on the market were 260, a 170 day increase from October 2013.
7 Lake Norman foreclosure homes are currently under contract, 33% 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 October 2014 there were 3 Lake Norman foreclosure condos and/or townhomes listed in the Lake Norman MLS area, a 40% decrease from the 5 foreclosure condos listed for sale in October 2013.
One Lake Norman foreclosure condos/townhomes sold in October 2014. This was an decrease of 0% from the one foreclosure condos sold in October 2013. The average sales price in October 2014 was $113,925, a 8.9% decrease from October 2013 average sales price of $125,000. Zero Lake Norman foreclosure condo units are currently under contract, down 0% from the zero Lake Norman condos under contract in October 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.