Lake norman real estate
The area of Lake Norman includes cities of Cornelius, Davidson, Huntersville, Mooresville, Denver and Troutman. The Lake Norman is an inland sea with more than 520 miles of shore land and almost 32,475 acres of area available for real estate investment. Offering some of the best outdoor water sports the area of Lake Norman attracts a number of tourists and settlers every year.
The Lake Norman area is located in parts in four counties and you can find a wide variation in the prices and the make and models. Lake Norman has gradually turned out to be one of the most desirable destinations for a number of people in North Carolina and day by day there are more and more investors taking interest in the area. If you are interested in investing in the lake norman real estate then here is some information that can prove to be beneficial for you in deciding whether to make an investment or not.
The lake norman real estate market
The lake norman real estate range spreads over a radius of 30 miles and is a very promising destination for the investors. Located just 18 miles northwest of Charlotte the area has a variety of residential as well as commercial investment properties. The area is growing fast and this can be proved with the increase of sales in the past few months.
Since the beginning of 2008 the area has seen sales of almost 274 homes sold with the average sales price of $475,958, the highest being $2.365 million. The average days, on the market, for the houses was found to be 125. Homes saw sales of almost 97% of their asking price. The area is seeing a lot of new developments with a wide range of choices for the investors.
As per the North Carolina MLS listings the area has shown the following statistics:
New listings were 358 with avg. list price being $682,833. Total homes under Contract were 94 at an avg. list price of $515,670. Total homes sold were 97 with an average selling price of $412,095. If you are interested in making a real estate investment in Lake Norman area then it is advised that you take the help of a real estate agent.
Lake norman real estate agents
Taking the help of a lake norman real estate agent is highly recommended when thinking of a real estate investment. However make sure that the agent is experienced in handling real estate deals and is licensed to function in North Carolina.
Some of the real estate agents dealing with Lake Norman real estate are mentioned below:
Eric Governale: Contact: Governale Realty 121 Fox Hunt Drive Mooresville, N.C. 28117; Office Phone:(704) 528-1316 Cell Phone:(704) 763-1897 Fax Number:(704) 528-0659.
John Phelan:
Contact: Office Phone:(704) 509-4440 Cell Phone:(704)
293-5646 Alt. Phone:(704) 947-6118 Fax Number:(704) 509-4770.
Kevin Martin:
Contact: 19706 One Norman Blvd. Suite B214, Cornelius, NC,
28031; Office Phone:(704) 900-1619 Cell Phone:(704) 236-0478 Alt. Phone:(704)
257-6983.
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