During the 1st 5 months of 2011, there have been 85 homes sold in the Lake Norman (MLS Area 13) area that were either short sales or bank owned foreclosures.

Lake Norman Foreclosures – Active

69 Active Listings
Average list price is $402,286
Average days on the market is 132

Waterfront

17 of these homes are waterfront
Average List Price is $723,341
Average Days on Market is 154

Lake Norman Foreclosures – Sold

The average sales price was $340.970
The average list price was $362,699
The average days on the market was 151 days.
The average sold price to list price was 93%

Waterfront

18 Lake Norman Waterfront Foreclosures and Short Sales sold.
The average sales price was $566,935
The average list price was $598.912
The average days on the market was 178
The average sold price to list price was 93%