Charlotte, NC & Lake Norman Luxury Real Estate Market

The Craig R. LePage Realty Group has been serving Charlotte’s Luxury Real Estate market for years and is pleased to give you a quick tour around the area.The Charlotte, North Carolina Real Estate market has remained in the top 3 markets in the country throughout the hardest of times. Its solid economy, new construction and great geographic location make the Charlotte area one of the top places in the country for people to relocate. In fact, Huntersville, NC, a suburb of Charlotte, was just voted the "Number 2 Location in the Country" to relocate by Forbes Magazine. This is not surprising if you look at all the pluses the Charlotte area has to offer.

Charlotte has great weather year round. In addition the Charlotte area is 40 minutes from the Mountains, 3 hours from the Ocean, has two nearby beautiful Lakes and a fast growing clean city that offers great restaurants and plenty of entertainment for everyone. It is truly a great place to live. 

The Luxury Home market in the Charlotte has plenty to offer as well. There are well over 100 Luxury Home Communities in the Charlotte area that can be seen in detail on our website. Future residents will find Luxury Communities that offer Gated Entries, Waterfront Access, Golf Courses and even a number of Equestrian / Horse Friendly Communities.

Lake Norman, located about 20 minutes northwest of the city is one of the most popular places to live in the Charlotte area. Lake Norman is approximately 35 miles long and has over 520 miles of beautiful shoreline. Many of the Charlotte areas wealthy have chosen to live at the lake. There are two large Golf Course Communities on the lake and a number of other Luxury areas for residents to choose from.  Like most markets around the country, the Lake   Norman market has seen price reductions and inventory is being sold slowly. Waterfront home pricing starts in the $400’s and goes up into the $5 millions.

The Union County area located south of Charlotte is another very popular place for luxury living. The towns of Weddington, Waxhaw and Marvin offer many different luxury communities for residents to choose from.  Once an area known for farms and southern Estates, Union County now is a finely manicured Suburban area with beautiful homes, shopping centers and great schools.In addition to the Lake Norman area and the Union County area, many people choose to live in the outer limits of the city. As well as the many mansions that have been around for decades, there are a number of newer upscale communities and homes to choose from in this area.

Overall the Charlotte Luxury Real Estate market is doing better than most other markets. Current market statistics show 111 homes per month ($500k+) being sold in the Charlotte luxury market. A third of them are homes priced above $750k with and average sale price of $1.1 Million. In the last 30-60 days, there has been a limited increase in pricing due to the reduction of inventory.

The Charlotte North Carolina area has been nationally recognized by numerous publications in the past few years as one of the best places in the country to live. Many large corporations have also seen opportunity in Charlotte as well. In addition to being the 2nd largest Banking City in the U.S. and home to Bank of America, Wachovia and BB&T, Charlotte has caught the eye of many other corporations. Electrolux, Zenta Mortgage, GMAC and Premier Inc. are just a few that have moved their corporate headquarters to the area in recent months. Others include numerous NASCAR based companies, Lowes Home Improvement Corporate, Rubbermaid, Duke Energy, Ameritrust, Goodrich Corporation,   Presbyterian Healthcare and CMC Healthcare. This fabulous foundation of corporate business makes for a high demand in luxury real estate. Please look us up if you are planning a move to the Charlotte area.

Craig R. LePage

Craig R. LePage Realty Group 
Keller Williams Realty
Charlotte’s Luxury Home Specialist
Broker / Realtor

 For more luxury real estate in Charlotte please check out


Are you on Facebook or Twitter? So are WE! This post was provided by our first guest blogger Craig R. LePage.

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Posted by: craig-r-lepage
Posted on: 1/22/2010 at 9:19 AM
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Categories: Luxury Guest Writers | Luxury Real Estate
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