Nov 18

Lake Norman Foreclosure Real Estate Market Update October 2011

Lake Norman Foreclosure Homes
At the end of October 2011 there were 119 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 3.5% increase from the 115 foreclosure, preforeclosure & short sale properties for sale in September 2011. Prices range from $62,400 to $8,000,000 for a waterfront home in Mooresville.

15 foreclosure/short sale homes closed in October 2011. This was an increase of 66.7% from the 9 foreclosure homes sold in September 2011. The average home sold was a 3 bedroom/3 bath with 3,112 square feet and an average sale price of $315,244. The average sales price increased 30.6% from the previous months average sale price of $241,421. The average days on the market were 182, a 3 day decrease from September 2011.

37 foreclosure and short sale properties are currently under contract, an 8.8% increase from September 2011. Continue reading

Apr 18

Welcome to The Lake Norman Real Estate Guide!

Please pardon our mess while we are in the construction phase!

We will be adding to The Lake Norman Real Estate Guide so please check back often.

Currently you can search Lake Norman real estate listings, conduct a map search for Lake Norman properties and reseach Lake Norman area cities and towns.

Please contact us with any questions or request a free relocation package with area information.

The Lake Norman Homes Team
Keller Williams Realty