Lake Norman Homes
In October 2011 87 homes sold in the Lake Norman area, a 8.75% increase from the 80 homes sold in September 2011. October 2011 sales figures increased 36% from October 2010 when 64 homes sold in the Lake Norman area.
The average sales price decreased 11.4% from $520,975 in September 2011 to $461,808 in October 2011. The October 2011 average sales price decreased 10.7% from the October 2010 average sales price which was $516,921.
Average days on the market increased 10.1% from 168 days in September 2011 to 185 days on the market in Octobert 2011. October 2010 average days on the market were 157, an 18.3% increase in market time.
Currently there are 965 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,341 square feeet and an average list price of $622,205 up 1.5% from the August average list price of $612,961. The average days on the market are 177. 115 Lake Norman homes are currently under contract, down 36% from September! Continue reading →

Lake Norman Homes
In September 2011 80 homes sold in the Lake Norman area, a 24.5% decrease from the 106 homes sold in August 2011. September 2011 sales figures increased 11.1% from September 2010 when 72 homes sold in the Lake Norman area.

The average sales price increased 18.1% from $441,007 in August 2011 to $520,975 in September 2011. The September 2011 average sales price increased 28.4% from the September 2010 average sales price which was $405,884.

Average days on the market increased 7% from 157 days in August 2011 to 168 days on the market in September 2011. September 2010 average days on the market were 154, a 9% increase in market time.

Currently there are 1160 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,340 square feeet and an average list price of $612,961 down 2.1% from the August average list price of $625,872. The average days on the market are 163. 180 Lake Norman homes are currently under contract, up 50% from August! Continue reading →