Friday, September 26, 2008

Lake Norman Market Conditions

74 homes sold in August with sales prices that were 94.96% of asking price. The average sales price was $540,800. The typical home stayed on the market for 137 days with an average price per s/f of $175.76. We will continue to see growth as more people relocate to the Lake Norman Area to enjoy all that the lake has to offer. Visit our website at www.TheChristyAllenTeam.com to learn more about Lake Norman or call me on my cell at 704-281-8889 with specific questions. Based solely on information from the Carolina Multiple Listing Services, Inc. for the period 08/01/08 through 08/31/08 for MLS Area 13.

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