April 2011 Lake Norman Waterfront Real Estate Market Update

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Lake Norman Waterfront Homes
In April 2011 24 waterfront homes sold in the Lake Norman area, a 14% decrease from the 28 waterfront homes sold in March 2011. April 2011 waterfront sales figures increased 41% from April 2010 when 17 waterfront homes sold in the Lake Norman area.

The average sales price increased 2% from $760,741 in March 2011 to $774,829 in April 2011. April 2011 average sales price decreased 9% from the April 2010 average sales price which was $852,229.

Average days on the market decreased from 203 in March 2011 to 209 in April 2011, a 3% increase in market time. April 2010 average days on the market were 183, a 14% increase in market time.

Currently there are 438 Lake Norman waterfront homes listed in the MLS with 43 of those under contract, down 17% from March. The average list price is $1,014,037, down 2% from March. The lowest priced Lake Norman waterfront home is listed at $142,500 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 April 2011 5 waterfront condos sold in the Lake Norman area, a 25% increase from the 4 waterfront condos sold in March 2011. April 2011 sales figures increased 25% from April 2010 when 4 waterfront condos sold.

The average sales price increased 25% from $220,225 in March 2011 to $275,400 in April 2011. April 2011 average sales price increased 8% from the April 2010 average sales price which was $254,750. 

Average days on the market increased from 102 in March 2011 to 168 in April 2011. April 2010 average days on the market were 105.

Currently there are 78 Lake Norman waterfront condos listed in the MLS with 4 of those under contract, a 50% decrease from March. The average list price is $271,119, down 3% from last month. The lowest priced Lake Norman waterfront condo is listed at $124,500 and the highest priced Lake Norman waterfront condo is listed at $839,000.

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 April 2011 7 waterfront lots sold in the Lake Norman area, a 43% decrease from the 7 waterfront lots sold in March 2011. The averge sales price was $377,750, up 17% from the March average sales price which was $322,197. April 2011 sales figures increased 250% from April 2010 when 2 Lake Norman waterfront lots sold. The average sales price increased 132% from the April 2010 average sales price of $163,081.

Currently there are 296 Lake Norman waterfront lots listed in the MLS with 8 of those under contract. The average list price is $389,913, down 3% from last month. The lowest priced Lake Norman waterfront lot is listed at $21,000 and the highest priced Lake Norman waterfront lot is listed at $1,999,999.

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

If  you would like to search for Lake Norman properties for sale please visit our website: Search Lake Norman Listings


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