Lake Norman Waterfront Homes
In October 2014 39 waterfront homes sold in the Lake Norman area, a 4.9% decrease from the 41 Lake Norman waterfront homes sold in September 2014. October 2014 waterfront sales figures increased 34.5% from October 2013 when 29 waterfront homes sold in the Lake Norman area.
The average sales price decreased 3.9% from $912,617 in September 2014 to $876,835 in October 2014. The October 2014 average sales price increased 51.5% from the October 2013 average sales price which was $578,935.
Average days on the market decreased from 99 in September 2014 to 121 in October 2014, a 22.2% increase in market time. October 2013 average days on the market were 126, a 3.9% decrease in market time.
Currently there are 401 Lake Norman waterfront homes listed in the MLS with 49 of those under contract, down 29% from September. The average list price is $1,073,535, up 2.7% from September. The lowest priced Lake Norman waterfront home is listed at $119,900 and the highest priced Lake Norman waterfront home is listed at $9,500,000.
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Lake Norman Waterfront Condos & Townhomes
In October 2014 8 waterfront condos or townhomes sold in the Lake Norman area, a 27.3% decrease from the 11 Lake Norman waterfront condos sold in September 2014. October 2014 sales figures decreased 27.3% from October 2013 when 11 waterfront condos sold.
The average sales price decreased 12.2% from $214,432 in September 2014 to $188,188 in October 2014. October 2014 average sales price decreased 20.6% from the October 2013 average sales price which was $236,900.
Average days on the market decreased 50% from 164 in September 2014 to 82 in October 2014. October 2013 average days on the market were 179, a 54.4% decrease in market time.
Currently there are 51 Lake Norman waterfront condos listed in the MLS with 6 of those under contract, a 33% decrease from September. The average list price is $260,965, down .8% from last month. The lowest priced Lake Norman waterfront condo is listed at $130,000 and the highest priced Lake Norman waterfront condo is listed at $439,900.
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Lake Norman Waterfront Lots
In October 2014 7 waterfront lots sold in the Lake Norman area, a 0% decrease from the 7 waterfront lots sold in September 2014. The average sales price was $240,185, up 61.7% from the September average sales price which was $148,557. October 2014 sales figures increased 133.3% from October 2013 when 3 Lake Norman waterfront lots sold. The average sales price increased 165.9% from the October 2013 average sales price of $90,333.
The average days on the market increased 118.8% from September, from 112 to 245 days on the market in October. Days on the market were up 19.2% from October 2013 when the average was 205 days on the market.
Currently there are 247 Lake Norman waterfront lots listed in the MLS with 24 of those currently under contract. The average list price is $426,847, up 1.7% from last month. The lowest priced Lake Norman waterfront lot is listed at $49,900 and the highest priced Lake Norman waterfront lot is listed at $4,200,000.
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