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Lake Norman Waterfront Homes
In February 2011 10 waterfront homes sold in the Lake Norman area, a 38% decrease from the 16 waterfront homes sold in January 2011. February 2011 waterfront sales figures decreased 17% from February 2010 when 12 waterfront homes sold in the Lake Norman area.
The average sales price decreased 31% from $737,968 in January 2011 to $507,250 in February 2011. February 2011 average sales price decreased 24% from the February 2010 average sales price which was $663,466.
Average days on the market decreased from 184 in January 2011 to 186 in February 2011, a 1% increase in market time. February 2010 average days on the market were 167, an 11% increase in market time.
Currently there are 421 Lake Norman waterfront homes listed in the MLS with 41 of those under contract, down 0% from January. The average list price is $1,032,863, down 2% from January. 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.