• Home
  • Search
    • Advanced Search
    • Map Search
    • New Construction
      • New Home Guide
  • Buyers
    • Why Use Us
    • Home Buying Tips
    • Ready to Buy
  • Sellers
    • What’s My Home Worth
    • Sell My Home
    • Sell My Land
  • Area Info
    • Charlotte
    • Cornelius
    • Davidson
    • Denver
    • Huntersville
    • Mooresville
    • Schools
  • Neighborhoods
  • About Us
    • Meet the Team
    • Testimonials
    • Success Stories
    • Designations
    • Our Listings
    • Contact Us
  • Blog

Lake Norman Luxury Real Estate and Homes – December 2015 Market Report

January 13, 2016 By admin Leave a Comment

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.

10% Decrease in the Number of Luxury Homes Sold in the Lake Norman Area 

In December 2015, 18 luxury homes sold compared to 20 luxury homes sold in December 2014, a 10% decrease in year over year numbers.

Lake Norman Luxury Real Estate December Sold

Lake Norman Luxury Housing Inventory Down 40%

In December 2015, there was 16.5 months of inventory in the Lake Norman luxury real estate market compared to 27.7 months in December 2014.

Lake Norman Luxury Real Estate December MSI

Average Time to Sell a Luxury Home in the Lake Norman Area is 160 Days

In December 2015, it took 160 days, on average, to sell a luxury home in the Lake Norman area.

Lake Norman Luxury Real Estate December DOM

16 Lake Norman Luxury Homes Went Under Contract in December

Lake Norman Luxury Real Estate December UC

Median Sales Price of a Luxury Home in the Lake Norman Area Down 15%

This month, we saw a 15% decrease in the median sale price of a luxury home in the Lake Norman area. The median home price in December 2015, when considering homes that sold for $750,000 or more, was $930,510 compared to $1,097,500 in December 2014.
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 visit LakeNormanHomeValuation.com or contact us at 704-305-9148 for a no obligation home valuation.

Lake Norman Luxury Real Estate December Sold Price

4% More Luxury Homes on the Market in the Lake Norman Area

In December 2015, there were 309 luxury homes for sale in the Lake Norman area compared to 296 in December 2014, marking a 4% increase in year over year numbers.

Lake Norman Luxury Real Estate December For Sale

Luxury Supply is Up 4%, Demand is Down 10%

This month we saw a 4% increase in luxury housing supply (number of properties for sale) and a 10% decrease in demand (number of sold properties).

Lake Norman Luxury Real Estate December Supply and Demand

Median For Sale Price Up 8% vs Median Sold Price Down 15%

In December, we saw an 8% increase in the median for sale price of a luxury home in the Lake Norman area and a 15% decrease in the median sold price in year over year numbers.

Lake Norman Luxury Real Estate December For Sale vs Sold

Lake Norman Luxury Homes Sold December 2015

  • The most expensive home that sold in the Lake Norman area in December 2015 sold for $3,700,000
  • 9 homes sold for $1 million or more
  • 1 of the homes that sold was a Short Sale, None were Foreclosures
  • 12 of the homes sold were Waterfront
  • 2 of the homes sold were in The Point
  • 1 of the homes sold was in The Peninsula
  • 1 of the homes sold was in The Harbour at the Pointe
  • Lake Norman luxury homes sold in December 2015 ranged in size from 2,718 sq. ft. to 9,866 sq. ft. with an average size of 5,102 sq. ft.
  • The average price per square foot for a luxury home that sold in the Lake Norman area in December 2015 was $237.26/sq. ft.
  • Sellers received on average 94.28% of their list price

Filed Under: Lake Norman Luxury Homes, Lake Norman Luxury Real Estate, Lake Norman Luxury Realtor, Luxury Homes in Cornelius NC, Luxury Homes in Mooresville NC Tagged With: Lake Norman Luxury Homes for Sale, Lake Norman Luxury Real Estate, Lake Norman Luxury Real Estate Agent, Luxury Homes in Cornelius NC, Luxury Homes in Mooresville NC, Marshall Team at Keller Williams Lake Norman

Waterfront Lot on Lake Norman Under $200,000

December 10, 2015 By admin Leave a Comment

DSCN5295  DSCN5288

The possibilities are endless with this one of a kind property. Build your dream home on the 1.37 acre lot in the center of a peninsula surrounded by views of Lake Norman. Enjoy the fire pit, beach, and boat slip from the deeded .31 acre waterfront lot adjacent to the 1.37 acre lot. Parcels 4628014588190000 and 4628014558600000 are being sold together. Bring your builder. No time limit to build, no HOA and no minimum square feet to build. Convenient location minutes from Mooresville. Offered at $199,995. Call Aaron at 704-305-9148 for more information.

Filed Under: Lake Norman Real Estate, Waterfront Lot on Lake Norman Tagged With: 000, Lake Norman lot for sale, Lake Norman Waterfront Lot for Sale, Lake Norman Waterfront Lot for Sale Under $200, Marshall Team at Keller Williams Lake Norman

Lake Norman Luxury Real Estate

October 27, 2014 By admin Leave a Comment

Lake Norman Luxury Real EstateThe Lake Norman Luxury Real Estate graph above shows the number of homes sold, average days on the market, and percent sales price to list price broken down by price range. The graph includes luxury homes sold in the following cities: Catawba, Cornelius, Davidson, Denver, Huntersville, Mooresville, Sherrills Ford, Statesville, Terrell, and Troutman. Only single family homes were included.

Search Lake Norman Luxury Homes for Sale by price range:

Lake Norman Luxury Homes $750,000 – $1,000,000

Lake Norman Luxury Homes $1,000,000 -$1,300,000

Lake Norman Luxury Homes $1,300,000 – $1,500,000

Lake Norman Luxury Homes $1,500,000 – $2,000,000

Lake Norman Luxury Homes $2,000,000 and Above

Are you planning to buy or sell a luxury home in the Lake Norman area? Call Aaron today at 704-305-9148.

See more information on Lake Norman Luxury Real Estate.

All data provided by Carolina MLS and based on sold price. Information deemed reliable, but not guaranteed.

Filed Under: Lake Norman Luxury Homes, Lake Norman Luxury Real Estate, Lake Norman Luxury Realtor, Lake Norman Real Estate Tagged With: Lake Norman Luxury Homes, Lake Norman Luxury Real Estate, Lake Norman Luxury Realtor, Marshall Team at Keller Williams Lake Norman

Waterfront Lot in Pebble Bay, Denver – Under Contract

September 26, 2014 By admin Leave a Comment

We put this waterfront lot in Pebble Bay, Denver under contract today. Planning to buy or sell property in the Lake Norman area? Call us at 704-305-9148.

Filed Under: Denver NC Real Estate, Lake Norman Luxury Real Estate, Lake Norman Real Estate Tagged With: Lake Norman Real Estate, Marshall Team at Keller Williams Lake Norman, Pebble Bay Denver, Waterfront lot in Pebble Bay Denver, Waterfront Property on Lake Norman

Huntersville NC Land – SOLD by The Marshall Team

September 24, 2014 By admin Leave a Comment

We enjoyed working with Ms. Puckett to get her two properties on Sample Road in Huntersville sold. We would love to help you buy or sell property in the Lake Norman area. Call Aaron at 704-305-9148.

Filed Under: For Sellers, Huntersville NC Real Estate, Marshall Team News Tagged With: Huntersville NC Land, Huntersville Realtor, Lake Norman Realtor, Marshall Team, Marshall Team at Keller Williams Lake Norman

     Advanced Search

     Map Search

     Home Valuation

     Market Reports

     Testimonials

     Success Stories

     Contact Us

Aaron Marshall, Broker/Realtor
Team Leader – The Marshall Team
eXp Realty, LLC
Call or Text: 704-305-9148

Visit Us On FacebookVisit Us On TwitterVisit Us On LinkedinVisit Us On YoutubeVisit Us On PinterestVisit Us On Instagram

Are you are looking for someone to guide you through your home buying or selling journey? You can count on us! Having helped hundreds of families, we are here for you every step of the way. Enjoy exploring our website and contact us with any questions or when you are ready to buy or sell; we’ll be here to help.

Communities
Charlotte
Cornelius
Davidson
Denver
Huntersville
Mooresville
Popular Pages
Sell Your Home
Home Valuation
Market Reports
Meet the Team
Testimonials
Success Stories
Search
Neighborhoods
New Construction
Golf Homes
Lake Norman Waterfront
Lake Norman Luxury
Lake Norman Lots

Copyright © 2023 The Marshall Team