Lake Norman Condos & Townhomes
In 2010 144 condos/townhomes sold in the Lake Norman area, a 6% increase from the 136 condos or townhomes sold in 2009. 2010 sales figures decreased 61% from 2006, the heighth of the sellers market, when 370 condos sold.
The average sales price decreased 6% from $210,400 in 2009 to $197,123 in 2010. The 2010 average sales price decreased 3.7% from the 2006 average sales price which was $204,753.
Average days on the market increased 109% from 77 in 2009 to 161 in 2010. 2006 average days on the market were 36.
Currently there are 178 condo/townhomes for sale in the Lake Norman MLS area. The average unit is a 2 bed/2 bath home with 1,430 square feeet and an average list price of $225,370. The average days on the market are 158. 17 Lake Norman condos/townhomes are currently under contract.
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