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April 2011 Lake Norman Waterfront Real Estate Market Update

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 increased 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 Read this post

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