Lake Norman Ranked Biggest Lake-Front Housing Market
A recent article by Charlotte Stories has Lake Norman ranked as the biggest Lake Front Housing Market in the South East. Read the full story below.
The Lake Norman real estate market is now valued at over $840 million, making it the #1 biggest lake-front market in the South East.
The Fall 2016 Lake Market Report was conducted by the Alabama-based Lake Homes Realty Company. They collected data from 46 MLSs spanning 9 South Eastern states stretching from Texas to Virginia.
Out of all the lakes in the nine states, Lake Norman was found to have the biggest overall market, with Austin Texas’ Lake Travis coming in second at $787 million, and Atlanta’s Lake Lanier coming in third at $567 million.
Lake Norman Housing Market
One of the biggest reasons the Lake Norman real estate market is so large is that it attracts a substantially high number of out-of-state and international buyers looking for a vacation home, due to its temperate climate, distance to an international airport, and distance to the mountains and beaches.
The Lake Homes Report also indicated that a whopping 42% of all of North Carolina’s lakefront real estate is found on Lake Norman. Metro Charlotte’s other lake, Lake Wylie,, by comparison, only comprised about 6.7% of North Carolina’s lakefront real estate.
Lake Norman homes
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Price: $1,725,000 (4808 sqft)
Subdivision: Webbs Chapel Cove
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Allen Tate Lake Norman | MLS # 3878330 | Active

Price: $1,700,000 (4889 sqft)
Subdivision: Island Point
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Long & Foster Real | MLS # 3929975 | Active

Price: $1,699,000 (5471 sqft)
Subdivision: Bridgewater
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Allen Tate Davidson | MLS # 3925316 | Active

Price: $1,650,000 (3241 sqft)
Subdivision: Westport
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Helen Adams Realty | MLS # 3934652 | Contract

Price: $1,600,000 (4481 sqft)
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Mooresville Realty LLC | MLS # 3874049 | Active

Price: $1,599,000 (2885 sqft)
Subdivision: Harbor Cove
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Allen Tate Davidson | MLS # 3933368 | Active

Price: $1,593,700 (3537 sqft)
Subdivision: Harbor Landing
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Pilot Realty & | MLS # 3786911 | Active

Price: $1,575,000 (6342 sqft)
Subdivision: Northview Harbour
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Premier Sotheby's | MLS # 3902346 | Contract

Price: $1,500,000 (5003 sqft)
Subdivision: Morrison Point
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Allen Tate | MLS # 3919369 | Contract

Price: $1,499,900 (2812 sqft)
Subdivision: Sterling Pointe
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Ivester Jackson | MLS # 3936230 | Active

Price: $1,495,000 (5161 sqft)
Subdivision: The Farms
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NextHome World Class | MLS # 3932290 | Active

Price: $1,450,000 (4962 sqft)
Subdivision: Highlands at Lake Norman
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Keller Williams | MLS # 3910757 | Active

Price: $1,440,000 (4727 sqft)
Subdivision: Westport
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Allen Tate Steele | MLS # 3838695 | Contract

Price: $1,399,900 (1935 sqft)
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Wohlford & Associates | MLS # 3939918 | Active

Price: $1,385,000 (2786 sqft)
Subdivision: Norman Shores
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Ivester Jackson | MLS # 3874622 | Active

Price: $1,375,000 (3710 sqft)
Subdivision: Sherwood Shores
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ProStead Realty | MLS # 3934235 | Contract

Price: $1,375,000 (2263 sqft)
Subdivision: Biscayne Park
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Southern Homes of the | MLS # 3909879 | Contract

Price: $1,370,000 (4553 sqft)
Subdivision: Westport
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Lake Norman Realty, | MLS # 3906863 | Active

Price: $1,327,880 (3802 sqft)
Subdivision: Lakewalk
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Pilot Realty & | MLS # 3677477 | Contract

Price: $1,299,305 (5181 sqft)
Subdivision: Sisters Cove
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EXP Realty LLC | MLS # 3362101 | Contract
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