The numbers are in for the first half of 2014, and after a slow start in first quarter, we’re seeing sales move in the right direction – – UP!
Source: CMLS
Although waterfront home sales are behind 2013 sales for the first half of the year, we’ve been keeping pace in May-June. The year started off slow, most likely due to the extraordinary amount of rain in 2013, and snowy weather over the winter. Buyers tend to take their time when looking at waterfront properties, spending months or even years. Because last summer was so rainy, we had fewer buyers entering the pipeline during that time, which has affected our current spring and summer sales.
This summer we’ve been blessed with lovely weather, which has encouraged people to get out on the lake and out for drives – – translating into stronger interest in area real estate!
There are 24 waterfront homes under contract, and the price mix is quite typical for the lake. Most of the pending sales are in the $500k – $700k range, two are over $1mm. You can check out the details on our website: Recent Sales – Lake Wylie Real Estate. Waterfront home listings have climbed in recent months, now at 178 active on the market, the highest number since summer of 2010.
Waterfront lot sales are in a bit of a slump, with number of lots sold to date less than half the number for last year this time. The majority of the lots sold to date were priced under $200,000. However, the average lot sales price has crept up to a four year high of almost $225,000. There are currently 190 waterfront lots on the market, also the highest number since 2010, so buyers have lots of choices. Thus far in 2014 we’ve seen sales in neighborhoods, in “rural” locations, in various counties and municipalities on Lake Wylie. We’ve had a couple of premium “big view” lot sales, and sales of some lots tucked in the back of coves. There are buyers for all types – – just a bit few and far between.
For more information about the Lake Wylie waterfront market, contact the experts with The Lake Wylie Man. With three times more sales than any other realtor in the market in recent years, you can count on The Lake Wylie Man to provide expert advice on buying and selling Lake Wylie waterfront real estate.
Copyright The Lake Wylie Man
Comments from the Photographer – 5370 Commodore Place Lake Wylie
February 4, 2011These comments are from Jan Todd, photographer for The Lake Wylie Man, Lake Wylie waterfront specialist.
It is always a treat to visit and photograph a home belonging to a builder. When a builder designs a home for his personal residence, you know it will be solid, great quality, and full of innovative features. My husband is in the HVAC industry, and our “mechanical room” resembles the cockpit of a 747. I kid you not. We have four HVAC heating and cooling zones in our house, and we DON’T have a big house. It is equivalent to having a $15,000 sound system in a Hyundai. But I digress.
Let’s go back to 5370 Commodore Place in Lake Wylie. Off of Lake Wylie Road, it has an excellent location: Clover school district (of which I am personally partial!), main channel lot with a glorious view.
The home itself is beautiful. Not too fancy (real people can live there), but very elegant. It has four bedrooms & baths. The master suite has a panoramic view of the lake, and a beautiful high ceiling with elaborate trim. It was a challenge to photograph – – couldn’t really fit the ceiling and view in a still shot, but it did stitch together nicely for a panoramic in the virtual tour.
I absolutely love the kitchen. Cathedral ceilings with exposed beams, looking out towards the lake and seeing stone columns for the covered porch. It presents a lovely transition from the inside to the natural beauty of the outside.
As nice as the interior is, the strongest appeal of the home is the outdoors. The view is tremendous. There’s a screened porch, covered porch, deck, and inground pool to enjoy a variety of outdoor living areas.
Bells and whistles? The pool has a remote control for lights, etc. The home is a “smart home” – – wired and ready to run a small business with mutliple phone lines, multiple computers, acronymns that made my head spin. Quite an impressive control panel!
Wonder how many HVAC zones HE has??
Thanks for reading, and be sure to visit the Lake Wylie waterfront property page to see the visual tour.
For more blogs on Lake Wylie real estate, Lake Wylie information, and living in Lake Wylie, visit http://www.TheLakeWylieMan.com.