Lake Norman Homes
In March 2012 80 homes sold in the Lake Norman area, a 31.1% increase from the 61 homes sold in February. March 2012 sales figures increased 5.3% from March 2011 when 76 homes sold in the Lake Norman area.
The average sales price increased 15.5% from $464,026 in February to $536,068 in March. The March 2012 average sales price increased 10.2% from the March 2011 average sales price which was $486,445.
Average days on the market increased 30.2% from 136 days in February to 177 days on the market in March. March 2011 average days on the market were 212, a 16.5% decrease in market time.
Currently there are 758 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,375 square feeet and an average list price of $637,223 down .9% from the February average list price of $643,099. The average days on the market are 167. 92 Lake Norman homes are currently under contract, up 70.4% from February! Continue reading