May 05

SOLD – Amazing Lake Norman Waterfront Foreclosure in Mooresville

Lake Norman Waterfront Foreclosure

Lake Norman waterfront foreclosureCast off city living and choose Lake Norman waterfront living in this custom 5 bedroom/6.5 bath stucco and stone waterfront home in Mooresville. Great location, just a short walk to Lakeshore Elementary & Middle Schools. This Lake Norman waterfront foreclosure offers an elegant great room with double-sided fireplace, wood floors and floor to ceiling windows for amazing views of Lake Norman. Main floor master suite with custom master bath. Includes main floor office or library. Features formal dining room, inviting kitchen with granite countertops and breakfast bar for morning meals and afternoon snacks. Walk out basement with second living quarters, media room, wet bar, rec room and large covered patio.

Based on the last 6 months of Lake Norman waterfront sales, this property is priced 37% lower than the average price per square foot!

Schedule an appointment now, call Janet @ 704.657.0838 or contact The Lake Norman Homes Team.

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Listings 1 - 0 of 0
Apr 07

Lake Norman Foreclosure Real Estate Market Update March 2012

Lake Norman Foreclosure Homes
At the end of March 2012 there were 77 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 40% increase from the 55 foreclosure, preforeclosure & short sale properties for sale in February. Prices range from $39,000 to $5,900,000 for a waterfront home in Mooresville.

21 foreclosure/short sale homes closed in March 2012. This was an increase of 50% from the 14 foreclosure and preforeclosure homes sold in February. The average home sold was a 4 bedroom/4 bath with 3,677 square feet and an average sale price of $471,226. The average sales price increased 155.6% from the previous months average sale price of $184,431. The average days on the market were 164, a 54 day increase from February.

31 foreclosure and short sale properties are currently under contract, a 47.6% increase from February.

Lake Norman Foreclosure Condos & Townhomes
At the end of March 2012 there were 8 foreclosure, preforeclosure & short-sale Lake Norman area condo/townhome properties listed, a 33% decrease from the 12 foreclosure, preforeclosure & short-sale properties listed for sale in February. Prices range from $100,000 to $295,000. The average unit is a 2 bed/2 bath with 1,295 square feet and an average list price of $176,987, down 14.4% from February’s average list price of $206,658.

One foreclosure, preforeclosure or short-sale condos/townhomes sold in March. This was an decrease of 0% from the one foreclosure, preforeclosure or short-sale condos sold in February. The average sales price in March was $92,000, down 17.9% from the February average sales price of $112,000. One foreclosure/preforeclosure units are currently under contract, down 0% from February.

If you would like to be added to the foreclosure properties email notification list and the Lake Norman area “Best Buy” list please visit our Lake Norman foreclosure website LakeNormanForeclosure.com.

If you need help stopping foreclosure on your Lake Norman property please give us a call at 866-LakeNorman.

Apr 07

Lake Norman Waterfront Real Estate Market Update March 2012

Lake Norman Waterfront Homes
In March 2012 25 waterfront homes sold in the Lake Norman area, a 38.9% increase from the 18 waterfront homes sold in February 2012. March 2012 waterfront sales figures decreased 10.7% from March 2011 when 28 waterfront homes sold in the Lake Norman area.

The average sales price increased 21.8% from $756,277 in February to $920,788 in March. March 2012 average sales price increased 21% from the March 2011 average sales price which was $760,741.

Average days on the market increased from 187 in February to 165 in March, a 11.8% decrease in market time. March 2011 average days on the market were 203, a 18.7% decrease in market time.

Currently there are 304 Lake Norman waterfront homes listed in the MLS with 24 of those under contract, up 71.4% from February. The average list price is $998,025, down .2% from February. The lowest priced Lake Norman waterfront home is listed at $139,900 and the highest priced Lake Norman waterfront home is listed at $5,900,000.

Use our free listing service to see the current Lake Norman waterfront homes for sale: Lake Norman waterfront homes for sale Continue reading

Apr 07

Lake Norman Real Estate Market Update March 2012

Lake Norman Homes
In March 2012 80 homes sold in the Lake Norman area, a 31.1% increase from the 61 homes sold in February. March 2012 sales figures increased 5.3% from March 2011 when 76 homes sold in the Lake Norman area.

The average sales price increased 15.5% from $464,026 in February to $536,068 in March. The March 2012 average sales price increased 10.2% from the March 2011 average sales price which was $486,445.

Average days on the market increased 30.2% from 136 days in February to 177 days on the market in March. March 2011 average days on the market were 212, a 16.5% decrease in market time.

Currently there are 758 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,375 square feeet and an average list price of $637,223 down .9% from the February average list price of $643,099. The average days on the market are 167. 92 Lake Norman homes are currently under contract, up 70.4% from February! Continue reading

Mar 16

Lake Norman Foreclosure Real Estate Market Update February 2012

Lake Norman Foreclosure Homes
At the end of February 2012 there were 55 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 15.4% decrease from the 65 foreclosure, preforeclosure & short sale properties for sale in January. Prices range from $85,900 to $5,900,000 for a waterfront home in Mooresville.

14 foreclosure/short sale homes closed in February 2012. This was an decrease of 6.7% from the 15 foreclosure and preforeclosure homes sold in January. The average home sold was a 3 bedroom/2 bath with 2,147 square feet and an average sale price of $184,431. The average sales price decreased 19% from the previous months average sale price of $227,726. The average days on the market were 110, a 2 day decrease from January.

21 foreclosure and short sale properties are currently under contract, a 5% increase from January. Continue reading

Mar 16

Lake Norman Waterfront Real Estate Market Update February 2012

Lake Norman Waterfront Homes
In February 2012 18 waterfront homes sold in the Lake Norman area, a 38.5% increase from the 13 waterfront homes sold in January 2012. February 2012 waterfront sales figures increased 80% from February 2011 when 10 waterfront homes sold in the Lake Norman area.

The average sales price increased 18.9% from $636,245 in January to $756,277 in February. February 2012 average sales price increased 49.1% from the February 2011 average sales price which was $507,250.

Average days on the market increased from 180 in January to 187 in February, a 19.3% decrease in market time. February 2011 average days on the market were 186, a .5% increase in market time.

Currently there are 266 Lake Norman waterfront homes listed in the MLS with 14 of those under contract, down 12.5% from January. The average list price is $999,862, down 1.3% from January. The lowest priced Lake Norman waterfront home is listed at $139,900 and the highest priced Lake Norman waterfront home is listed at $5,900,000.

Use our free listing service to see the current Lake Norman waterfront homes for sale: Lake Norman waterfront homes for sale Continue reading

Mar 16

Lake Norman Real Estate Market Update February 2012

Lake Norman Homes
In February 2012 61 homes sold in the Lake Norman area, a 27.1% increase from the 48 homes sold in January. February 2012 sales figures increased 35.6% from February 2011 when 45 homes sold in the Lake Norman area.

The average sales price increased 18.7% from $391,015 in January to $464,026 in February. The February 2012 average sales price increased 29% from the February 2011 average sales price which was $359,736.

Average days on the market decreased 25.3% from 182 days in January to 136 days on the market in February. February 2011 average days on the market were 150, a 9.3% decrease in market time.

Currently there are 652 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,374 square feeet and an average list price of $643,099 up .5% from the January average list price of $639,981. The average days on the market are 184. 54 Lake Norman homes are currently under contract, down 46.5% from January! Continue reading

Feb 08

Lake Norman Real Estate Market Update January 2012

Lake Norman Homes
In January 2012 48 homes sold in the Lake Norman area, a 29.4% decrease from the 68 homes sold in December 2011.
January 2012 sales figures decreased 11.1% from January 2011 when 54 homes sold in the Lake Norman area.
The average sales price decreased 10.1% from $434,857 in December 2011 to $391,015 in January 2011. The January 2012 average
sales price decreased 9.7% from the January 2011 average sales price which was $432,988.
Average days on the market decreased 10.8% from 204 days in December 2011 to 182 days on the market in January 2012. January 2011 average days on the market were 168, an 8.5% increase in market time.
Currently there are 826 homes for sale in the Lake Norman MLS area. The average home is a 3 bed/3 bath with 3,408 square feeet and an average list price of $639,981 down 1.6% from the December average list price of $650,120. The average days on the
market are 170. 101 Lake Norman homes are currently under contract, up 53% from December! Continue reading

Feb 07

Lake Norman Waterfront Real Estate Market Update January 2012

Lake Norman Waterfront Homes
In January 2012 13 waterfront homes sold in the Lake Norman area, a 38.1% decrease from the 21 waterfront homes sold in December 2011. January 2012 waterfront sales figures decreased 18.75% from January 2011 when 16 waterfront homes sold in the Lake Norman area.

The average sales price decreased 3.5% from $659,457 in December 2011 to $636,245 in January 2012. January 2012 average sales price decreased 13.8% from the January 2011 average sales price which was $737,968.

Average days on the market decreased from 223 in December 2011 to 180 in January 2012, a 19.3% decrease in market time. January 2011 average days on the market were 184, a 2.1% decrease in market time.

Currently there are 287 Lake Norman waterfront homes listed in the MLS with 16 of those under contract, up 6.7% from December. The average list price is $1,013,313, down 2.9% from December. The lowest priced Lake Norman waterfront home is listed at $190,000 and the highest priced Lake Norman waterfront home is listed at $5,900,000.

Use our free listing service to see the current Lake Norman waterfront homes for sale: Lake Norman waterfront homes for sale Continue reading

Feb 07

Lake Norman Foreclosure Real Estate Market Update January 2012

Lake Norman Foreclosure Homes
At the end of January 2012 there were 65 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 7.5% decrease from the 75 foreclosure, preforeclosure & short sale properties for sale in December 2011. Prices range from $75,000 to $5,900,000 for a waterfront home in Mooresville.

15 foreclosure/short sale homes closed in January 2012. This was an decrease of 37.5% from the 24 foreclosure and preforeclosure homes sold in December 2011. The average home sold was a 3 bedroom/2 bath with 2,338 square feet and an average sale price of $227,726. The average sales price decreased 37.5% from the previous months average sale price of $364,454. The average days on the market were 112, a 67 day decrease from December 2011.

20 foreclosure and short sale properties are currently under contract, a 4.8% decrease from December 2011. Continue reading