In August 2010 13 condos sold in the Lake Norman area, an 8% increase from the 12 condos sold in July 2010. August 2010 sales figures decreased 19% from August 2009 when 16 condos sold.
The average sales price decreased 4.5% from $210,945 in July 2010 to $201,492 in August 2010. August 2010 average sales price decreased 10% from the August 2009 average sales price which was $224,204.
Average days on the market decreased 21% from 208 in July to 165 in August. August 2009 average days on the market were 123.
Currently there are 211 condo/townhomes for sale in the Lake Norman MLS area. The average unit is a 2 bed/2 bath home with 1,375 square feeet and an average list price of $227,647. The average days on the market are 129. 17 Lake Norman condos/townhomes are currently under contract.
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