We put this luxury home in Challis Farm, Charlotte under contract in just 14 days! We don’t just put our listings on the MLS and hope they sell. We invest substantially in our listings; increasing the number of showings they receive and reducing the amount of time on the market. Visit the custom website we created for this home to see some of the marketing tools we use. Do you have a home to sell? Call Aaron at 704-305-9148 to find out what makes us different and how we can get your home sold!
JUST LISTED – Stunning, updated home in Challis Farm, a gated community with an 18-acre lake in great South Charlotte location. 5,184 square feet, 5 bedrooms including a main level master, 4.5 baths, 2 bonus rooms, formal living room/study, dining room, gourmet kitchen, dual staircases, beautiful new hardwoods on the main level, screened porch, 3-car garage, and much more! Visit 8812LakeChallisLane.com for more information.
Perfect homesite to build your dream home in The Sanctuary on Lake Wylie. The Sanctuary is one of Charlotte’s most prestigious communities. This 1,350-acre community offers 20 miles of trails, a 17-acre waterfront amenity area with swimming pools, tennis courts, fitness center, a boating center, full-time activities staff, amphitheater, and much more. Minutes to uptown and Charlotte Douglas Airport. Call Aaron at 704-305-9148 for more information.
Our Lake Norman Luxury Real Estate Market Report measures activity in the Lake Norman luxury home market (single-family homes priced $750,000 and above). This report covers the following cities: Catawba, Cornelius, Davidson, Denver, Huntersville, Mooresville, Sherrills Ford, Statesville, Terrell, and Troutman.
32% Increase in the Number of Luxury Home Sales in Lake Norman
In August 2014, 25 luxury homes sold compared to 19 luxury homes sold in August 2013, a 32% increase in year over year numbers.
Number of Luxury Homes Listed for Sale in Lake Norman Up 32%
In August 2014, there were 62 luxury homes introduced to the market compared to 47 in August 2013, marking a 32% increase in year over year numbers.
Lake Norman Luxury Housing Inventory Down 56%
In August 2014, there was 12.8 months of inventory in the Lake Norman luxury real estate market compared to 29.4 months in August 2013.
Average Time to Sell Luxury Home in the Lake Norman Area is 87 Days
In August 2014, it took 87 days, on average, to sell a luxury home in the Lake Norman area compared to 156 days in August 2013.
Lake Norman Luxury Homes Under Contract Up 160%
In August 2014, 26 luxury homes went under contract in the Lake Norman area compared to 10 in August 2013, marking a 160% increase in year over year numbers.
Lake Norman Median Luxury Home Price Up 21%
This month, we saw a 21% increase in the median sale price of a luxury home in the Lake Norman area. The median home price in August, when considering homes that sold for $750,000 or more, was $1,150,000 compared to $950,000 in August 2013.
Median home price helps us see the distribution of homes sold and does not really give us an indication of the increase or decrease in a particular home’s market value. Please contact us at 704-305-9148 for a no obligation home valuation.
19% More Luxury Homes on the Market in the Lake Norman Area
In August 2014, there were 402 luxury homes for sale in the Lake Norman area compared to 337 in August 2013, marking a 19% increase in year over year numbers.
Luxury Supply is Up 19% and Luxury Demand is Up 32%
This month we saw a 19% increase in luxury housing supply (number of properties for sale) and a 32% increase in luxury demand (number of sold properties).
Median Sold Price Up 21%
In the Lake Norman area, we saw no change in the median for sale price of a luxury home and a 21% increase in the median sold price of a luxury home in year over year numbers.
Map of Lake Norman Luxury Homes Sold in August 2014
More Data on Lake Norman Luxury Home Sales August 2014
If you are looking to buy or sell luxury real estate in the Lake Norman area call Aaron at 704-305-9148 or email us at info@marshallteam.com
Click on any of the graphs above to see larger image and print.
*All information deemed reliable, but not guaranteed.
We just listed this luxury home in Challis Farm, a gated community in Charlotte, on Saturday and today we put it under contract. We had ten showings and multiple offers within the first two days on the market! We bring outstanding results through unparalleled marketing strategies, an extensive network of real estate professionals, and aggressive web positioning. Our unrivaled service, uncompromising integrity, and an innovative local, national, and international marketing campaign combine to create an exemplary approach to real estate. Call Aaron at 704-305-9148 for a no obligation consultation.
8817 Lake Challis Lane, Charlotte, NC – Nestled on a quiet cul-de-sac in South Charlotte’s premier gated community of Challis Farm, this full brick home offers a fantastic floor plan with nearly 4,500 square feet, a heated and lighted pool, waterfall spa, sport court, and a 3-car garage on over half an acre. Casual elegance abounds in this custom-built home with beautiful architectural details, 5 bedrooms, 4.5 baths, dual staircases, a first floor guest suite, screened porch, formal living room/study, dining room, gourmet kitchen, sunroom, and two bonus rooms. This home has been pre-inspected and repairs have been made. Priced below August 2014 appraisal value for quick sale. One year home warranty included.
Click the link below for more information.
Seller’s Favorite Features
Below we share what the “Seller Says” about their home, neighborhood and town.
What will you miss most about your home?
Happy family memories, kids playing in the pool and sport court
What are some of your favorite features in your home?
Flow of house, guest room tucked away for guests/our own privacy
Compliments friends and neighbors have made about your home
Very functional house in that every room is used and good circular flow on the first floor, great backyard for kids
Tell us something about your neighborhood
Conveniently located in Charlotte. Private, though opportunities for community gatherings throughout the year. Great neighbors who look out for each other.
Things you love about your town
Very easy to live here and raise a family
Where do you love to eat?
Rudy’s, Baku, Roosters
Grocery stores and other conveniences
Trader Joe’s around the corner, Whole Foods ten minutes away
What were you drawn to when you bought the property?
Backyard and neighborhood
What do you love about the general area?
Well located within the town – Accessible to Southpark and Uptown, and the southern part of South Charlotte
Call Aaron Marshall at 704-305-9148 for more information or to schedule a private showing.
Aaron Marshall, Broker/Realtor
Team Leader – The Marshall Team
eXp Realty, LLC
Call or Text: 704-305-9148
