Friday, October 26, 2007

Denver, NC – Real Estate Market Update / Report 10/26/07

The average sale price of a home in the Denver area is $236,817. Homes are selling for 95.37% of the list price and are on the market for an average of 97 days.

Zip Code: 28037

Denver is just 25 minutes northwest of the city of Charlotte and is part of the Lake Norman southern shoreline. Part of one of the hottest Real Estate markets it really has is all! You can live on beautiful Lake Norman; you're just 45 minutes from the mountains, just 3 hours from the ocean and best of all great weather. With the opening of the new highway 16 Denver is the new hot spot for development on Lake Norman. Denver is a great place to buy at a lower cost because it is still in the early stages of development compared to many of the other areas around lake. It will not be this way for very much longer. Denver has lake front property, golf courses, shopping and restaurants and is growing in popularity at a rapid pace.

Other Charlotte Area Standouts: (approx. 30 min. from Charlotte) 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.

Approximate Location Boundaries: Lake Norman

Location Characteristics: Denver NC sits on the south end of Lake Norman and has just started to rapidly grow. About 25 minutes northwest of Charlotte it is thought by many to be a great place to purchase to gain equity.

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

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

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