Lake Norman Waterfront Real Estate Update January 2019

Lake Norman Waterfront Real Estate Update January 2019

Lake Norman Waterfront Homes

In January 2019 29 waterfront homes sold in the Lake Norman area, a 21.6% decrease from the 37 Lake Norman waterfront homes sold in December 2018. January 2019 Lake Norman waterfront home sales figures decreased 3.3% from January 2018 when 30 Lake Norman waterfront homes sold.

The average sales price decreased 13.8% from $937,266 in December to $808,186 in January 2019. The January 2019 average sales price decreased 12.4% from the January 2018 average sales price which was $922,098.

Average days on the market increased from 109 in December to 119 in January 2019, a 9.2% increase in market time. The January 2018 average days on the market were 92, a 29.3% increase in market time from one year ago.

Currently there are 232 active Lake Norman waterfront homes listed in the MLS, up 6.9% from January. There are 50 Lake Norman waterfront homes under contract, down 12.3% from January. The average list price of active listings is $1,331,714 up .7% from January’s average list price of $1,322,893. The lowest priced active Lake Norman waterfront home is listed at $145,000 and the highest priced Lake Norman waterfront home is listed at $6,995,000.

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Lake Norman Waterfront Condos & Townhomes

In January 2019 3 waterfront condos or townhomes sold in the Lake Norman area, a 77% decrease from the 13 Lake Norman waterfront condos sold in December 2018. January 2019 sales figures decreased 25% from January 2018 when 4 Lake Norman waterfront condos sold.

The average sales price increased 1.5% from $340,265 in December to $345,333 in January 2019. The January 2019 average sales price increased 82% from the January 2018 average sales price which was $189,475.

Average days on the market decreased  68% from 87 in December to 29 days on the market in January 2019. The January 2018 average days on the market were 31 an 6.5% decrease in market time from one year ago.

Currently there are 29 active Lake Norman waterfront condos listed in the MLS, a 12.1% decrease in active inventory from January. There are 15 Lake Norman waterfront condos under contract, up 275% from January. The average list price of active listings is $376,066, up 2.8% from last months average list price of $365,806. The lowest priced active Lake Norman waterfront condo is listed at $175,000 and the highest priced active Lake Norman waterfront condo is listed at $1,040,000.

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Lake Norman Waterfront Lots

In January 2019 9 waterfront lots sold in the Lake Norman area, a 22.2% increase from the 7 Lake Norman waterfront lots sold in December 2018. January 2019 sales figures increased 33% from January 2018 when 6 Lake Norman waterfront lots sold.

The average sales price in January 2019 was $344,222, down 20.8% from the December 2018 average sales price which was $434,514. The January 2019 average sales price decreased .05% from the January 2018 average sales price of $344,400.

The average days on the market decreased 17.6% from 188 days in December to 155 days on the market in January 2019. Days on the market were down 9.2% from January 2018 when the average was 142 days on the market.

Currently there are 177 active Lake Norman waterfront lots listed in the MLS, up 3.5% from January. There are 21 Lake Norman waterfront lots under contract, up 50% from January. The average list price is $447,117, down 2% from last month. The lowest priced Lake Norman waterfront lot is listed at $50.000 and the highest priced Lake Norman waterfront lot is listed at $2,950,000.

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Lake Norman Waterfront Real Estate Update December 2018

Lake Norman Waterfront Real Estate Update December 2018

Lake Norman Waterfront Homes

In December 2018 37 waterfront homes sold in the Lake Norman area, a 12% increase from the 33 Lake Norman waterfront homes sold in November 2018. December 2018 Lake Norman waterfront home sales figures increased 19.4% from December 2017 when 31 Lake Norman waterfront homes sold.

The average sales price decreased 15.7% from $1,111,765 in November to $937,266 in December. The December 2018 average sales price increased 3% from the December 2017 average sales price which was $909,737.

Average days on the market increased from 120 in November to 109 in December, a 9.2%decrease in market time. The December 2017 average days on the market were 125, a 4% decrease in market time from one year ago.

Currently there are 217 active Lake Norman waterfront homes listed in the MLS, down 7.7% from December. There are 57 Lake Norman waterfront homes under contract, up 5.6% from December. The average list price of active listings is $1,322,893 up 2.5% from December’s average list price of $1,290,907. The lowest priced active Lake Norman waterfront home is listed at $150,000 and the highest priced Lake Norman waterfront home is listed at $6,950,000.

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Lake Norman Waterfront Condos & Townhomes

In December 2018 13 waterfront condos or townhomes sold in the Lake Norman area, a 30% increase from the 10 Lake Norman waterfront condos sold in November 2018. December 2018 sales figures increased 62.5% from December 2017 when 8 Lake Norman waterfront condos sold.

The average sales price increased 8.7% from $313,050 in November to $340,265 in December. The December 2018 average sales price increased 34.4% from the December 2017 average sales price which was $253,125.

Average days on the market increased  3.6% from 84 in November to 87 days on the market in December. The December 2017 average days on the market were 47 an 85% increase in market time from one year ago.

Currently there are 33 active Lake Norman waterfront condos listed in the MLS, a 19.5% decrease in active inventory from December. There are 4 Lake Norman waterfront condos under contract, down 64% from December. The average list price of active listings is $365,806, up 15.7% from last months average list price of $316,190. The lowest priced active Lake Norman waterfront condo is listed at $175,000 and the highest priced active Lake Norman waterfront condo is listed at $1,050,000.

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Lake Norman Waterfront Lots

In December 2018 9 waterfront lots sold in the Lake Norman area, a 22.2% increase from the 7 Lake Norman waterfront lots sold in November 2018. December 2018 sales figures increased 33% from December 2017 when 6 Lake Norman waterfront lots sold.

The average sales price in December was $344,222, down 20.8% from the November average sales price which was $434,514. The December 2018 average sales price decreased .05% from the December 2017 average sales price of $344,400.

The average days on the market decreased 17.6% from 188 days in November to 155 days on the market in December. Days on the market were down 9.2% from December 2017 when the average was 142 days on the market.

Currently there are 171 active Lake Norman waterfront lots listed in the MLS, down 10% from December. There are 14 Lake Norman waterfront lots under contract, down 26% from December. The average list price is $456,419, down 1.5% from last month. The lowest priced Lake Norman waterfront lot is listed at $50.000 and the highest priced Lake Norman waterfront lot is listed at $2,950,000.

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Lake Norman Waterfront Real Estate Update November 2018

Lake Norman Waterfront Real Estate Update November 2018

Lake Norman Waterfront Homes

In November 2018 34 waterfront homes sold in the Lake Norman area, a 15% decrease from the 40 Lake Norman waterfront homes sold in October 2018. November 2018 Lake Norman waterfront home sales figures decreased 10.5% from November 2017 when 38 Lake Norman waterfront homes sold.

The average sales price increased 24.8% from $877,800 in October to $1,095,243 in November. The November 2018 average sales price increased 14% from the November 2017 average sales price which was $960,854.

Average days on the market increased from 84 in October to 117 in November, a 39.3% increase in market time. The November 2017 average days on the market were 100, a 17% increase in market time.

Currently there are 235 active Lake Norman waterfront homes listed in the MLS, down 10% from November. There are 54 Lake Norman waterfront homes under contract, down 23.9% from November. The average list price of active listings is $1,290,907 up .8% from November’s average list price of $1,280,880. The lowest priced active Lake Norman waterfront home is listed at $150,000 and the highest priced Lake Norman waterfront home is listed at $6,950,000.

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Lake Norman Waterfront Condos & Townhomes

In November 2018 10 waterfront condos or townhomes sold in the Lake Norman area, a 33% decrease from the 15 Lake Norman waterfront condos sold in October 2018. November 2018 sales figures increased 42.9% from November 2017 when 7 Lake Norman waterfront condos sold.

The average sales price decreased 7.7% from $327,833 in October to $302,650 in November. The November 2018 average sales price increased 10.9% from the November 2017 average sales price which was $295,657.

Average days on the market increased  8.9% from 78 in October to 85 days on the market in November. The November 2017 average days on the market were 29 a 193% increase in market time from one year ago.

Currently there are 41 active Lake Norman waterfront condos listed in the MLS, a 2.5% increase in active inventory from November. There are 11 Lake Norman waterfront condos under contract, down 27% from November. The average list price of active listings is $316,190, down 11.5% from last months average list price of $357,130. The lowest priced active Lake Norman waterfront condo is listed at $145,000 and the highest priced active Lake Norman waterfront condo is listed at $1,050,000.

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Lake Norman Waterfront Lots

In November 2018 7 waterfront lots sold in the Lake Norman area, a 41.7% decrease from the 12 Lake Norman waterfront lots sold in October 2018. November 2018 sales figures increased 16.7% from November 2017 when 6 Lake Norman waterfront lots sold.

The average sales price in November was $434,514, up 23.8% from the October average sales price which was $350,908. The November 2018 average sales price decreased 3% from the November 2017 average sales price of $448,167.

The average days on the market increased 13.3% from 166 days in October to 188 days on the market in November. Days on the market were down 22.6% from November 2017 when the average was 243 days on the market.

Currently there are 179 active Lake Norman waterfront lots listed in the MLS, down 5.8% from November. There are 19 Lake Norman waterfront lots under contract, down 17% from November. The average list price is $463,149, down 1.1% from last month. The lowest priced Lake Norman waterfront lot is listed at $50.000 and the highest priced Lake Norman waterfront lot is listed at $2,950,000.

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Lake Norman Waterfront Real Estate Update October 2018

Lake Norman Waterfront Real Estate Update October 2018

Lake Norman Waterfront Homes

In October 2018 41 waterfront homes sold in the Lake Norman area, a 12.8% decrease from the 47 Lake Norman waterfront homes sold in September 2018. October 2018 Lake Norman waterfront home sales figures decreased 8.9% from October 2017 when 45 Lake Norman waterfront homes sold.

The average sales price decreased 5.1% from $925,261 in September to $877,800 in October. The October 2018 average sales price decreased 12.9% from the October 2017 average sales price which was $1,008,022.

Average days on the market increased from 70 in September to 84 in October, a 20% increase in market time. The October 2017 average days on the market were 127, a 33.9% decrease in market time.

Currently there are 261 active Lake Norman waterfront homes listed in the MLS, down 9.4% from October. There are 71 Lake Norman waterfront homes under contract, down 6.6% from October. The average list price of active listings is $1,280,880 up 6.4% from October’s average list price of $1,203,743. The lowest priced active Lake Norman waterfront home is listed at $150,000 and the highest priced Lake Norman waterfront home is listed at $7,200,000.

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Lake Norman Waterfront Condos & Townhomes

In October 2018 15 waterfront condos or townhomes sold in the Lake Norman area, a 36.4% increase from the 11 Lake Norman waterfront condos sold in September 2018. October 2018 sales figures increased 50% from October 2017 when 10 Lake Norman waterfront condos sold.

The average sales price decreased 3.9% from $341,045 in September to $327,833 in October. The October 2018 average sales price increased 30% from the October 2017 average sales price which was $252,250.

Average days on the market increased  62.5% from 48 in September to 78 days on the market in October. The October 2017 average days on the market were 49 a 59.2% increase in market time from one year ago.

Currently there are 30 active Lake Norman waterfront condos listed in the MLS, a 9.1%decrease in active inventory from October. There are 15 Lake Norman waterfront condos under contract, up 67% from October. The average list price of active listings is $357,130, down 4.2% from last months average list price of $372,602. The lowest priced active Lake Norman waterfront condo is listed at $179,900 and the highest priced active Lake Norman waterfront condo is listed at $1,050,000.

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Lake Norman Waterfront Lots

In October 2018 12 waterfront lots sold in the Lake Norman area, a 71% increase from the 7 Lake Norman waterfront lots sold in September 2018. October 2018 sales figures increased 8.3% from October 2017 when 11 Lake Norman waterfront lots sold.

The average sales price in October was $350,908, up 10.3% from the September average sales price which was $318,243. The October 2018 average sales price increased 2.3% from the October 2017 average sales price of $342,136.

The average days on the market decreased 14% from 193 days in September to 166 days on the market in October. Days on the market were down 27.2% from October 2017 when the average was 228 days on the market.

Currently there are 190 active Lake Norman waterfront lots listed in the MLS, down 4.7% from October. There are 23 Lake Norman waterfront lots under contract, down 26% from October. The average list price is $468,416, down .5% from last month. The lowest priced Lake Norman waterfront lot is listed at $50.000 and the highest priced Lake Norman waterfront lot is listed at $2,950,000.

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