Lake Norman Waterfront Real Estate Market Update August 2014

Lake Norman Waterfront Real Estate Market Update

Lake Norman Waterfront Homes
In August 2014 48 waterfront homes sold in the Lake Norman area, a 6.7% increase from the 45 waterfront homes sold in July 2014. August 2014 waterfront sales figures increased 11.6% from August 2013 when 43 waterfront homes sold in the Lake Norman area.

The average sales price increased 16.8% from $840,580 in July 2014 to $981,984 in August 2014. August 2014 average sales price increased 31.6% from the August 2013 average sales price which was $746,347.

Average days on the market increased from 93 in July 2014 to 138 in August 2014, a 48.4% increase in market time. August 2013 average days on the market were 157, a 11.8% decrease in market time.

Currently there are 431 Lake Norman waterfront homes listed in the MLS with 45 of those under contract, down 10% from July. The average list price is $1,045,314, down 1.3% from July. The lowest priced Lake Norman waterfront home is listed at $172,000 and the highest priced Lake Norman waterfront home is listed at $9,50,000.

Use our free listing service to see the current Lake Norman waterfront homes for sale: Lake Norman waterfront homes for sale



Lake Norman Waterfront Condos & Townhomes
In August 2014 6 waterfront condos or townhomes sold in the Lake Norman area, a 25% decrease from the 8 waterfront condos sold in July 2014. August 2014 sales figures increased 20% from August 2013 when 5 waterfront condos sold.

The average sales price increased 10% from $258,750 in July 2014 to $285,667 in August 2014. August 2014 average sales price increased 1.5% from the August 2013 average sales price which was $284,400.

Average days on the market increased 11.9% from 42 in July 2014 to 47 in August 2014. August 2013 average days on the market were 95, a 50.5% decrease in market time.

Currently there are 60 Lake Norman waterfront condos listed in the MLS with 13 of those under contract, a 116.7% increase from July. The average list price is $263,021, down 3.1% from last month. The lowest priced Lake Norman waterfront condo is listed at $129,000 and the highest priced Lake Norman waterfront condo is listed at $815,000.

Use our free listing service to see the current Lake Norman waterfront condos for sale: Lake Norman waterfront condos for sale



Lake Norman Waterfront Lots
In August 2014 12 waterfront lots sold in the Lake Norman area, a 9.1% increase from the 11 waterfront lots sold in July 2014. The average sales price was $277,583, down 63.5% from the July average sales price which was $761,250. August 2014 sales figures increased 140% from August 2013 when 5 Lake Norman waterfront lots sold. The average sales price increased 51.3% from the August 2013 average sales price of $183,450.

The average days on the market increased 21.3% from July, from 136 to 165 days on the market in August. Days on the market were down 39.2% from August 2013 when the average was 272 days on the market.

Currently there are 256 Lake Norman waterfront lots listed in the MLS with 10 of those currently under contract. The average list price is $385,727, up 2.9% from last month. The lowest priced Lake Norman waterfront lot is listed at $40,000 and the highest priced Lake Norman waterfront lot is listed at $2,999,999.

Use our free listing service to see the current Lake Norman waterfront lots for sale: Lake Norman waterfront lots for sale



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Lake Norman Waterfront Lots Priced over $1,000,000

Lake Norman waterfront lots for sale priced over $1,000,000. Lake Norman waterfront real estate for sale. Lots on Lake Norman priced over $1,000,000.

Lake Norman Land

Listings 1 - 11 of 11

Price: $6,500,000 (8 acres)
Mozelle Sherrill Drive, Denver, NC 28037
BCB Investments, LLC | MLS # 4055492 | Active
Price: $5,000,000 (15.39 acres)
15 Langtree Road, Mooresville, NC 28117
Allen Tate Lake Norman | MLS # 3793483 | Contract
Price: $3,500,000 (11 acres)
8451 Ridgewood Road, Sherrills Ford, NC 28673
Ivester Jackson | MLS # 4075460 | Active
Price: $3,400,000 (2.52 acres)
193 Shelburne Place, Mooresville, NC 28117
Subdivision: The Point
Trump International | MLS # 4103349 | Contract
Price: $2,999,500 (0.73 acres)
109 Raspberry Lane, Mooresville, NC 28117
Lake Norman Realty, | MLS # 4008725 | Active
Price: $2,800,000 (11.7 acres)
Graham Road, Denver, NC 28037
Allen Tate Lake Norman | MLS # 3791999 | Contract
Price: $2,000,000 (0.88 acres)
8413 Ranger Island Marina Road, Denver, NC 28037
Nestlewood Realty, LLC | MLS # 4038430 | Active
Price: $1,750,000 (0.71 acres)
8405 Ranger Island Marina Road, Denver, NC 28037
Nestlewood Realty, LLC | MLS # 4038429 | Active
Price: $1,500,000 (0.68 acres)
125 Gainswood Drive, Mooresville, NC 28117
Coldwell Banker Realty | MLS # 4123406 | Active
Price: $1,175,000 (4.7 acres)
1 Graham Road, Denver, NC 28037
Realty ONE Group | MLS # 4089356 | Active
Price: $1,150,000 (3.54 acres)
145 Bridlepath Lane, Mooresville, NC 28117
Subdivision: Bridle Path
Mooresville Realty LLC | MLS # 4121871 | Active

Listings 1 - 11 of 11

Lake Norman Waterfront Lots Priced From $900,000 to $1,000,000

Lake Norman waterfront lots for sale priced from $900,000 to $1,000,000. Lake Norman waterfront real estate for sale. Lots on Lake Norman priced from $900,000 to $1,000,000.

Lake Norman Land

Listings 1 - 4 of 4

Price: $995,000 (0.99 acres)
Loblolly Drive, Statesville, NC 28677
Subdivision: Old Homestead
Allen Tate Statesville | MLS # 4091182 | Active
Price: $995,000 (1.19 acres)
116 Island Ridge Drive, Statesville, NC 28166
Subdivision: Windemere Island
Southern Homes of the | MLS # 4118955 | Active
Price: $975,000 (0.44 acres)
5060 Bridge Way, Denver, NC 28037
Carolina Realty | MLS # 4103595 | Active
Price: $900,000 (0.9 acres)
112 Tisbury Court, Mooresville, NC 28117
Subdivision: The Point
Trump International | MLS # 4105912 | Active

Listings 1 - 4 of 4

Lake Norman Waterfront Lots Priced From $800,000 to $900,000

Lake Norman waterfront lots for sale priced from $800,000 to $900,000. Lake Norman waterfront real estate for sale. Lots on Lake Norman priced from $800,000 to $900,000.

Lake Norman Land

Listings 1 - 10 of 10

Price: $900,000 (0.9 acres)
112 Tisbury Court, Mooresville, NC 28117
Subdivision: The Point
Trump International | MLS # 4105912 | Active
Price: $899,900 (0.95 acres)
7440 Edgestone Lane, Denver, NC 28037
Lake Realty | MLS # 4012094 | Contract
Price: $899,000 (0.46 acres)
242 Shoreline Loop, Mooresville, NC 28117
Subdivision: Imperial Point
Nevins Homes, Inc | MLS # 4118630 | Active
Price: $895,000 (20.2 acres)
Spring Shore Road, Statesville, NC 28677
Keller Williams Realty | MLS # 4111040 | Active
Price: $850,000 (0.95 acres)
227 Corona Circle, Mooresville, NC 28117
Kidd Realty | MLS # 3869416 | Active
Price: $850,000 (1.15 acres)
195 Agnew Road, Mooresville, NC 28117
Keller Williams | MLS # 4073047 | Active
Price: $850,000 (1.08 acres)
584 Williamson Road, Mooresville, NC 28117
Subdivision: Idlewood Harbor
Lake Norman Realty, | MLS # 4030086 | Active
Price: $825,000 (0.84 acres)
4661 Osborn Street, Sherrills Ford, NC 28673
RE/MAX EXECUTIVE | MLS # 4072650 | Active
Price: $800,000 (0.88 acres)
152 Barksdale Lane, Mooresville, NC 28117
Lake Norman Realty, | MLS # 4027737 | Active
Price: $800,000 (0.56 acres)
229 Paradise Peninsula Road, Mooresville, NC 28117
Century 21 Lawrie | MLS # 4116489 | Active

Listings 1 - 10 of 10