Tag: lake norman home values

December 2010 Lake Norman Foreclosure Real Estate Market Update

Lake Norman Foreclosure Homes
At the end of December 2010 there were 116 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 28% decrease from the 161 foreclosure, preforeclosure & short sale properties for sale in November 2010. Prices range from $27,209 for a double-wide to $2,445,000 for a waterfront home in Cornelius.

Twenty-eight foreclosure/short sale homes closed in December 2010. This was an increase of 33% from the 21 foreclosure homes sold in November2010. The average home was a 3 bedroom/3 bath with 2,920 square feet and an average sale price of $345,970 The average sales price decreased $40,648 or11% from the previous month. The average days on the market were 138, a 15 day increase from November 2010. Continue reading December 2010 Lake Norman Foreclosure Real Estate Market Update

August 2010 Lake Norman Foreclosure Real Estate Market Update

Lake Norman Foreclosure Homes
In August 2010 there are 172 foreclosure & short-sale properties listed in the Lake Norman area, a 22% increase from the 141 foreclosure & short sale properties listed in July 2010. Prices range from $77,500 for a double-wide to $2,190,000 for a waterfront home in The Point.

Twenty-eight foreclosure/short sale homes closed in August 2010. This was a increase of 4% from the 27 foreclosure homes sold in July 2010. The average home was a 3 bedroom with 3,044 square feet and an average sale price of $303,189. The average sales price decreased $99,093 or 24% from the previous month. The average days on the market were 108.

Forty foreclosure and short sale properties are currently under contract. Prices range from $90,200 to $1,425,000. Continue reading August 2010 Lake Norman Foreclosure Real Estate Market Update