In December 2010 9 condos sold in the Lake Norman area, a 50% increase from the 6 condos sold in November 2010. December 2010 sales figures decreased 10% from December 2009 when 10 condos sold.
The average sales price decreased 6% from $228,166 in November 2010 to $215,276 in December 2010. December 2010 average sales price decreased 30% from the December 2009 average sales price which was $309,690.
Average days on the market increased 31% from 114 in November to 149 in December. December 2009 average days on the market were 139.
Currently there are 175 Lake Norman condo/townhomes for sale in the Lake Norman MLS area. The average unit is a 2 bed/2 bath home with 1,429 square feeet and an average list price of $226,486, up 2% from November. The average days on the market are 161. Sixteen, or 9%, Lake Norman condos/townhomes are currently under contract.
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