In February 2011 9 condos/townhomes sold in the Lake Norman area, a 33% increase from the 6 condos or townhomes sold in January 2011. February 2011 sales figures decreased 0% from February 2010 when 9 condos sold.
The average sales price decreased 5% from $166,498 in January 2011 to $157,946 in February 2011. February 2011 average sales price decreased 25% from the February 2010 average sales price which was $209,333.
Average days on the market increased 26% from 147 in January to 185 in February. February 2010 average days on the market were 202.
Currently there are 194 condo/townhomes for sale in the Lake Norman MLS area. The average unit is a 2 bed/2 bath home with 1,388 square feeet and an average list price of $209,864, down 1% from January. The average days on the market are 135. 19 Lake Norman condos/townhomes are currently under contract, a 17% decrease from January.
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