Lake Norman Foreclosure Condo Listings

Lake Norman Foreclosure Condos

Lake Norman foreclosure condoThe Lake Norman foreclosure condo listings for sale below are one of the following: Bankruptcy, Estate Sale, HUD, In Foreclosure Process, REO/Lender Owned, Short Sale/Subject to Lender Approval, Subject to Court Approval or VA.

Please bookmark this page and return frequently as we automatically update our Lake Norman foreclosure condos page every day that there are new Lake Norman foreclosure condo listings added to the Lake Norman MLS. Or, to be notified of new Lake Norman foreclosure condo listings automatically by the MLS please fill out the form on our email alert notification webpage.

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Lake Norman Foreclosure Real Estate Market Update January 2012

Lake Norman Foreclosure Homes
At the end of January 2012 there were 65 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 7.5% decrease from the 75 foreclosure, preforeclosure & short sale properties for sale in December 2011. Prices range from $75,000 to $5,900,000 for a waterfront home in Mooresville.

15 foreclosure/short sale homes closed in January 2012. This was an decrease of 37.5% from the 24 foreclosure and preforeclosure homes sold in December 2011. The average home sold was a 3 bedroom/2 bath with 2,338 square feet and an average sale price of $227,726. The average sales price decreased 37.5% from the previous months average sale price of $364,454. The average days on the market were 112, a 67 day decrease from December 2011.

20 foreclosure and short sale properties are currently under contract, a 4.8% decrease from December 2011. Continue reading Lake Norman Foreclosure Real Estate Market Update January 2012

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