lake norman real estate

Lake Norman’s annual home sales report tool for 2013. Search by area and even neighborhood!

Charlotte and Lake Norman Multiple Listing Map by areas for home sales data

 

One of my favorite tools offered by the company who provides the home search program for this website is their reports.  I just received the link to their 2013 annual report. If you click on the area, sub-area or neighborhood a drop down box or menu will allow you to search to your heart’s delight.  Lake Norman is area 13.

What is really valuable is that you can search by neighborhood.  For example, here is a link to our luxury community The Point in Mooresville.  A quick glance shows us that the number of homes sold in The Point since 2011 has actually declined however the average price of the homes sold increased in the past three years.

A closer look at the pie charts for The Point shows us that in 2011 homes price up to $1 million comprised the greatest percentage of sales, then they dipped in 2012 when homes OVER $1 million increased to an impressive 50%.  What is really fascinating, but not surprising given the sales analysis I have done this past year, is that sales of  homes priced over $1 million in The Point actually declined as a percentage of their total sales in 2013.

You can get this same data for any area or neighborhood in Lake Norman and the greater Charlotte area.  Have some fun with this great tool!

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lake norman real estate, LKN Realty LLC

Lake Norman Real Estate Just Got Better!

 

My reason for creating this Lake Norman Real Estate blog from the its inception in May of 2007  was and still is all about providing you with as much information and data as possible to help you make an informed decision when buying or selling a home in Lake Norman.

While I don’t talk a lot about our Property Search feature, I chose the company providing this program because they are local, innovative and provide great customer service.

Two of my favorite features are the “Neighborhood Analyzer” and “Research” tools.  I have discussed the “Research” tool in previous articles but as a reminder, once you do a home search and have specific property results, click on any of the properties for the details page.  Once on the details page you will see the word “Research” in bold dark red  just to the right of the listing price. Up will pop three options: Continue reading

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Lake Norman waterfront homes

Lake Norman Waterfront Communties: Pine Isle and North Shore

Tucked away on beautiful wooded lots along the Lake Norman shoreline are two side-by-side subdivisions that are truly separate but equal is most every way. Pine Isle and North Shore were the first Crescent Homes developments on the Brawley School Peninsula in Mooresville. The Point came shortly after these two smaller, serene waterfront communities.

In 1991, Crescent sold M.I. Homesthe Pine Isle land and Developer/Builder Robert Ingrim the North Shore land. Although they started out as separate subdivisions and still are in that they have different Home Owners Associations and amenities, I honestly think that they blend together so perfectly that they feel like they are one.

Located towards the end of Isle of Pines Rd in Mooresville, most of the lots are heavily wooded and truly offer a retreat feel. The homes range in size from about 2000 sq. ft. to over 5000 sq. ft. While mostly two story homes, there are one story ranches scattered throughout both subdivisions.

They both have Community Club Houses, pools, recreation areas and, most importantly, BOAT SLIPS. The original buyers of the lots/homes had the option, for $4000, to have a deeded boat slip. Most of them opted to buy one even though it was’t thought of as necessary.

 Today, because of a shortage of boatslips on Lake Norman, it makes a huge difference if a home in North Shore or Pine Isle has a boat slip. Who knew?

In the past year 10 homes sold in Pine Isle and North Shore. Prices ranged from $330,000 to $1,150,000. If you take out the waterfront homes the average sales price for the past year was $391,780. This is partially a function our our current real estate market as there are some lovely $400,000+ homes for sale but that price range happens to have a glut of active listings in the greater Lake Norman area.

One detail to note: Robert Ingrim used Synthetic Stucco (North Shore) and M.I. used Hard-coat Stucco (Pine Isle). Many of the synthetic homes have been refaced with brick or siding but it is important to know this if you are thinking of buying. (See my article about Stucco).

RELATED ARTICLES

The Harbour at The Pointe; A Popular Lake Norman Subdivision

10 Things Lake Norman Waterfront Home Buyers Should Know BEFORE buying

Lake Norman Relocation Resources

Relocating to Lake Norman

60 Things You Should Know About Life in Lake Norman, Part 1

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