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Lake Park NC Real Estate Market Report--April-June 2010

Lake Park NC Real Estate Market Report—April-June 2010

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

There weren’t many single family or townhome/condominium sales in Lake Park NC during the first quarter of 2010.  The average sales price of the single family homes rose 5% over the first quarter of 2010 and 10% over 2009 prices.  Townhome and condominium prices were up over the first quarter but below the average sales price in 2009.

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 and second quarter 2010.

Single Family Homes in Lake Park NC

2009 Average Sales Price:  $178,567   First Quarter 2010 Average Sales Price:  $187,375  Second Quarter 2010 Average Sales Price:  $197,461

2009 Number of Homes Sold:  17    First Quarter 2010 Number of Homes Sold:  4  Second Quarter 2010 Number of Homes Sold:  3   

2009 Average Days on Market:  107   First Quarter 2010 Average Days on Market:  141   Second Quarter 2010 Average Days on Market:  143

Townhomes and Condominiums in Lake Park NC

2009 Average Sales Price:  $154,780    First Quarter 2010 Average Sales Price:  $121,400   Second Quarter 2010 Average Sales Price:  $131,500  

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

2009 Average Days on Market:  214     First Quarter 2010 Average Days on Market:  238    Second Quarter 2010 Average Days on Market:  108

Source:  Carolina Multiple Listing Service

 

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Lake Park NC Real Estate Market Report—April-June 2010*

 

Posted: Friday, July 23, 2010 11:55 AM by Carol Fox

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