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*
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