November 2010 Lake Norman Condo Market Update

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.

Lake Norman condos for sale

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2 Responses to “November 2010 Lake Norman Condo Market Update”

  1. Lake Norman says:

    November 2010 Lake Norman Condo Market Update?

  2. Houses are quite expensive and not everybody is able to buy it. But, loan was created to help people in such cases.