In November 2010 6 condos sold in the Lake Norman area, an 33% decrease from the 9 condos sold in October 2010. November 2010 sales figures decreased 68% from November 2009 when 19 condos sold.
The average sales price increased 10% from $207,555 in October 2010 to $228,166 in November 2010. November 2010 average sales price increased 1.5% from the November 2009 average sales price which was $228,166.
Average days on the market decreased 0% from 114 in October to 114 in November. November 2009 average days on the market were 76.
Currently there are 197 Lake Norman condo/townhomes for sale in the Lake Norman MLS area. The average unit is a 2 bed/2 bath home with 1,417 square feeet and an average list price of $222,217. The average days on the market are 162. Eighteen, or 9%, Lake Norman condos/townhomes are currently under contract.
November 2010 Lake Norman Condo Market Update?
Houses are quite expensive and not everybody is able to buy it. But, loan was created to help people in such cases.