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Lake Park NC Real Estate Market Report--January-March 2010

Lake Park NC Real Estate Market Report—January-March 2010

How did the Lake Park NC real estate market fare in the first quarter of 2010 and how did it compare with 2009? 

The numbers reflect the fact that the Lake Park NC real estate market is very small.  Only four homes and two townhomes sold in Lake Park during the first quarter of 2010.  The average sales price for single family homes was up over the average price in 2009 while days on market increased to almost five months.  Townhome average prices dropped in 2010 while days on the market remained similar.

Lake Park NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Lake Park NC for single family homes and townhomes in 2008 and 2009 plus first quarter 2010.

Single Family Homes in Lake Park NC

2009 Average Sales Price:  $178,567   First Quarter 2010 Average Sales Price:  $187,375

2009 Number of Homes Sold:  17    First Quarter 2010 Number of Homes Sold:  4    

2009 Average Days on Market:  107   First Quarter 2010 Average Days on Market:  141     

Townhomes and Condominiums in Lake Park NC

2009 Average Sales Price:  $154,780    First Quarter 2010 Average Sales Price:  $121,400    

2009 Number of Homes Sold:  5       First Quarter 2010 Number of Homes Sold:  2      

2009 Average Days on Market:  214     First Quarter 2010 Average Days on Market:  238

Source:  Carolina Multiple Listing Service

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Lake Park NC Real Estate Market Report—January-March 2010*
Posted: Wednesday, April 14, 2010 8:19 AM by Carol Fox

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