Lake Norman Waterfront Real Estate Market Update October 2014

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.

Use our free listing service to see the current Lake Norman waterfront homes for sale: Lake Norman waterfront homes for sale



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.

Use our free listing service to see the current Lake Norman waterfront condos for sale: Lake Norman waterfront condos for sale



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.

Use our free listing service to see the current Lake Norman waterfront lots for sale: Lake Norman waterfront lots for sale



Lake Norman Real Estate Market Update October 2014

Lake Norman Homes
In October 2014 173 homes sold in the Lake Norman area, a 15.3% increase from the 150 homes sold in September. October 2014 sales figures increased 46.6% from October 2013 when 118 homes sold in the Lake Norman area. October 2014 sales were the highest for October since 2005 when 188 Lake Norman homes sold!

The average sales price decreased 0% from $485,197 in September to $485,189 in October. The October 2014 average sales price increased 27.9% from the October 2013 average sales price which was $379,337.

Average days on the market increased 7.2% from 83 days in September to 89 days on the market in October. October 2013 average days on the market were 105, a 15.2% decrease in market time.

Currently there are 983 homes for sale in the Lake Norman MLS area, down 6.4% from September. The average list price is $668,326 up 3% from the September average list price of $648,418. The average days on the market are 182. 238 Lake Norman homes are currently under contract, down 14.1% from September.

It is a great time to sell! Request a free market analysis on LakeNormanHomePrices.com



Lake Norman Condos & Townhomes
In October 2014 23 condos/townhomes sold in the Lake Norman area, an 14.8% decrease from the 27 condos or townhomes sold in September 2014. October 2014 sales figures decreased 4.2% from October 2013 when 24 Lake Norman condos sold.

The average sales price decreased 2.9% from $195,935 in September 2014 to $190,312 in October 2014. October 2014 average sales price decreased 3.8% from the October 2013 average sales price which was $197,871.

Average days on the market decreased 42.6% from 94 in September to 54 in October. October 2013 average days on the market were 144, a 62.5% decrease in market time.

Currently there are 111 condo/townhomes for sale in the Lake Norman MLS area,a 12.1% increase from the 99 condos for sale in September. The average list price is $229,753, up .3% from September’s average list price of $229,109. The average days on the market are 98. 21 Lake Norman condos/townhomes are currently under contract, an 25% decrease from September.



Lake Norman Lots
In October 2014 24 lots sold in the Lake Norman area, a 33% increase from the 18 lots sold in September. October 2014 sales figures increased 60% from October 2013 when 15 lots sold.

The average sales price increased 19.8% from $112,172 in September to $134,425 in October. October 2014 average sales price increased 125% from the October 2013 average sales price which was $59,743.

Average days on the market increased 115.7% from 108 in September to 233 in October. October 2013 average days on the market were 244, a 4.5% decrease in market time versus the same time period last year.

Currently there are 719 lots for sale in the Lake Norman MLS area, an decrease of 1.1% from September. The average list price is $240,712, down 1.8% from September’s average list price of $245,124. The average days on the market are 467. 46 Lake Norman area lots are currently under contract, a 9.3% increase from September.



Lake Norman Foreclosure Real Estate Market Update September 2014

Lake Norman Foreclosure Market Update

Lake Norman Foreclosure Homes
In September 2014 there were 22 Lake Norman foreclosure homes listed in the Lake Norman MLS area, a 37.5% increase from the 16 foreclosure properties for sale in September 2013.

7 Lake Norman foreclosure homes closed in September 2014. This was a decrease of 46.2% from the 13 Lake Norman foreclosures sold in September 2013. The average Lake Norman foreclosure sale price was $553,107 in September 2014. The average sales price increased 127% from the September 2013 average sale price of $221,631. The average days on the market were 92, a 34 day increase from September 2013.

6 Lake Norman foreclosure homes are currently under contract, 27.3% 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 Average Sales Price

 

 

 

 

 

 

 

 

 

 

 

 

 

Lake Norman Foreclosure Homes For Sale

 

 

 

 

 

 

 

 

 

 

 

 

 

Lake Norman Foreclosure Condos & Townhomes
At the end of September 2014 there were 3 Lake Norman foreclosure condos and/or townhomes listed in the Lake Norman MLS area, a 0% increase from the 3 foreclosure condos listed for sale in September 2013.

Zero Lake Norman foreclosure condos/townhomes sold in September 2014. This was an decrease of 100% from the one foreclosure condos sold in September 2013. The average sales price in September 2013 was $135,000. One Lake Norman foreclosure condo units are currently under contract, down 0% from one Lake Norman condo under contract in September 2013.

Lake Norman Foreclosure Condo Average Price

 

 

 

 

 

 

 

 

 

 

 

 

 

Lake Norman Foreclosure Condos

 

 

 

 

 

 

 

 

 

 

 

 

 

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.

Lake Norman Waterfront Real Estate Market Update September 2014

Lake Norman Waterfront Homes
In September 2014 41 waterfront homes sold in the Lake Norman area, a 16.3% decrease from the 49 Lake Norman waterfront homes sold in August 2014. September 2014 waterfront sales figures increased 7.9% from September 2013 when 38 waterfront homes sold in the Lake Norman area.

The average sales price decreased 8.4% from $996,841 in August 2014 to $912,617 in September 2014. September 2014 average sales price increased 18.5% from the September 2013 average sales price which was $770,132.

Average days on the market decreased from 136 in August 2014 to 99 in September 2014, a 27.2% decrease in market time. September 2013 average days on the market were 94, a 5.2% increase in market time.

Currently there are 453 Lake Norman waterfront homes listed in the MLS with 69 of those under contract, up 53.3% from August. The average list price is $1,073,535, up 2.7% from August. The lowest priced Lake Norman waterfront home is listed at $129,900 and the highest priced Lake Norman waterfront home is listed at $9,500,000.

Use our free listing service to see the current Lake Norman waterfront homes for sale: Lake Norman waterfront homes for sale



Lake Norman Waterfront Condos & Townhomes
In September 2014 11 waterfront condos or townhomes sold in the Lake Norman area, a 83.3% increase from the 6 Lake Norman waterfront condos sold in August 2014. September 2014 sales figures increased 10% from September 2013 when 10 waterfront condos sold.

The average sales price decreased 24.9% from $285,667 in August 2014 to $214,432 in September 2014. September 2014 average sales price increased 8.1% from the September 2013 average sales price which was $198,300.

Average days on the market increased 249% from 47 in August 2014 to 164 in September 2014. September 2013 average days on the market were 150, a 9.4% decrease in market time.

Currently there are 55 Lake Norman waterfront condos listed in the MLS with 9 of those under contract, a 30.8% decrease from August. The average list price is $263,021, up .6% from last month. The lowest priced Lake Norman waterfront condo is listed at $133,000 and the highest priced Lake Norman waterfront condo is listed at $879,000.

Use our free listing service to see the current Lake Norman waterfront condos for sale: Lake Norman waterfront condos for sale



Lake Norman Waterfront Lots
In September 2014 7 waterfront lots sold in the Lake Norman area, a 41.7% decrease from the 12 waterfront lots sold in August 2014. The average sales price was $148,557, down 46.5% from the August average sales price which was $277,583. September 2014 sales figures increased 75% from September 2013 when 4 Lake Norman waterfront lots sold. The average sales price decreased 25% from the September 2013 average sales price of $198,125.

The average days on the market decreased 32.1% from August, from 165 to 112 days on the market in September. Days on the market were down 62.1% from September 2013 when the average was 295 days on the market.

Currently there are 258 Lake Norman waterfront lots listed in the MLS with 10 of those currently under contract. The average list price is $419,878, up 8.9% 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.

Use our free listing service to see the current Lake Norman waterfront lots for sale: Lake Norman waterfront lots for sale