Lake Norman Condo Market Update For January 2012

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In January 2012 11 condos/townhomes sold in the Lake Norman area, a 35.3% decrease from the 17 condos or townhomes sold in December 2011. January 2012 sales figures increased 83.3% from January 2011 when 6 Lake Norman condos sold.
The average sales price decreased 4.5% from $169,109 in December 2011 to $161,514 in January 2012. January 2012 average sales price decreased 3% from the January 2011 average sales price which was $166,498.
Average days on the market increased 24.3% from 136 in December to 169 in January. January 2011 average days on the market were 183.
Currently there are 133 condo/townhomes for sale in the Lake Norman MLS area. The average unit is a 2 bed/2 bath home with 1,409 square feet and an average list price of $230,967, up 5.4% from December’s average list price of $219,136. The average days on the market are 159. 8 Lake Norman condos/townhomes are currently under contract, a 11% decrease from December.

Lake Norman condos for sale

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One Response to “Lake Norman Condo Market Update For January 2012”

  1. countrywide says:

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