Friday, October 26, 2007

Lake Norman, NC – Real Estate Market Update / Report 10/25/07

The average sale price of a home is $468,792. Homes are selling for 95.33% of the list price and are on the market for an average of 106 days. The average price of homes around the Lake Norman area is driven up do to some many lakefront luxury homes that can be priced as high as $4 million. As you move away from the lake home prices drop and can be found around and below $200,000.

As of 10/26/07

Zip Codes: 28031, 28117, 28037, 28036, 28078, 28164, 28682, 28673

Lake Norman is just 20 minutes north of the city of Charlotte and is part of the hottest real estate markets in the country. It really has is all! You can live on beautiful Lake Norman be just 1 hour from the mountains, just 3 hours from the ocean and best of all great weather. If you like new development, nice people and plenty to do, this is the place for you.

Other Charlotte Area Standouts: The Home of most of the top NASCAR Teams, Charlotte Bobcats (NBA Basketball), Carolina Panthers (NFL Team), University of North Carolina/Charlotte, Lowes Motor Speedway.

ZIP Codes: 28031, 28117, 28031, 28037

Approximate Location Boundaries: Huntersville, Denver, Davidson, Mooresville, Cornelius

Location Characteristics: The Lake Norman area is located just north of Charlotte NC. Voted in the top 5 places in the US to live it offers a vast amount of recreation, social and employment options. A lower cost of living and tremendous growth make it an attractive place for people to relocate.

PROVIDING SERVICE THAT EXCEEDS EXPECTATIONS!...................................

For additional information about Lkae Norman area Homes contact Lake Norman Home Specialist: Craig LePage, Broker / Realtor of Keller Williams Realty, Cornelius N.C. 704-618-2412

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