Lake Norman Foreclosure Market Update
Lake Norman Foreclosure Homes
At the end of August 2014 there were 12 Lake Norman foreclosures & short-sale properties listed in the Lake Norman MLS area, a 70.7% decrease from the 41 foreclosure & short-sale properties for sale in August 2013.
1 Lake Norman foreclosures/short sale homes closed in August 2014. This was a decrease of 80% from the 5 Lake Norman foreclosures and short-sales sold in August 2013. The average Lake Norman foreclosure sale price was $275,000. The average sales price increased 16.3% from the August 2013 average sale price of $236,384. The average days on the market were 482, a 404 day decrease from August 2013.
1 Lake Norman foreclosure and short sale home is currently under contract, 8.3% of the available Lake Norman foreclosure homes for sale.
View all the Lake Norman foreclosures, preforeclosures and short sales.
Lake Norman Foreclosure Condos & Townhomes
At the end of August 2014 there were 0 Lake Norman foreclosure & short-sale condos/townhomes listed in the Lake Norman MLS area, a 100% decrease from the 1 foreclosure & short-sale condo listed for sale in August 2013.
Zero Lake Norman foreclosure or short-sale condos/townhomes sold in August 2014. This was an decrease of 100% from the one foreclosure or short-sale condos sold in August 2013. The average sales price in August 2013 was $70,000. Zero foreclosure/short-sale condo units are currently under contract, down 100% from one Lake Norman condo under contract in August 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.
Leave a Reply
You must be logged in to post a comment.