Posted by: Roby Robertson | August 19, 2009

Lake Norman Real Estate|Luxury Home Update

Lake Norman Luxury Homes

Lake Norman Luxury HomesCurrently in 2009, there have been 40 Lake Norman area homes sold in the luxury home market listed today as prices starting at $900,000.

Compared to the same period in 2008, there were 123 Lake Norman homes sell in the same price range.

Of these 40 homes, 6 were listed as short sale/foreclosures or had the priced reduced over $150,000 and in one case the price was dropped $1,000,000.

Currently there are 303 homes for sale in the Lake Norman area priced from $900,000 and above.

Of these 303,

7 are listed as possible foreclosures or short sales.
17 are listed as having significant price reductions.
16 of these Lake Norman Homes are listed as waterfont and having their own floating dock.
4 of these Lake Norman Homes are listed as waterfont and have a deeded boat slip.

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