September 2010 Lake Norman Condo Market Update

In September 2010 17 condos sold in the Lake Norman area, a 30% increase from the 13 condos sold in August 2010. September 2010 sales figures increased 70% from September 2009 when 10 condos sold.

The average sales price decreased 9% from $201,492 in August 2010 to $183,331 in September 2010. September 2010 average sales price increased 5% from the September 2009 average sales price which was $174,798. 

Average days on the market decreased 24% from 165 in August to 126 in September. September 2009 average days on the market were 70.

Currently there are 188 condo/townhomes for sale in the Lake Norman MLS area. The average unit is a 2 bed/2 bath condo with 1,394 square feeet and an average list price of $223,466. The average days on the market are 160. Currently 11, or 6%,  Lake Norman condos/townhomes are under contract.

Lake Norman waterfront condos for sale

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3 Responses to “September 2010 Lake Norman Condo Market Update”

  1. Thanks for taking the time to post such a detailed and informative article. It has given me a lot of inspiration and I look forward to more like this in the for sale in Toronto

  2. fenderbirds says:

    nice article, keep the posts coming

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