Lake Norman waterfront estate at 9044 Island Point Road, sold by Mitch Boraski

Charlotte and Lake Norman · Monthly report No. 1

Luxury closings report: October 2026

Closed sales April 25 to October 22, 2026. Published October 26, 2026 by Mitch Boraski, MBA, from Canopy MLS.

The numbers, October 2026

Summary

Over the 180 days ending October 22, 2026, 164 single-family waterfront homes closed on Lake Norman at a median of $2,125,000, a median 38 days on market and 96% of list price; 151 of the 164 sold above $1 million. In Charlotte's established luxury neighborhoods, Eastover ($2,025,000) and Myers Park ($1,960,000) posted the highest medians with meaningful sample sizes, Dilworth moved fastest at a median 8 days, and the period's top recorded sale was $15,250,000 in Cornelius.

Source: Canopy MLS closed sales, pulled by Mitch Boraski, MBA. Data as of October 22, 2026. Next report: Late November 2026, covering October closings.

Lake Norman

Lake Norman waterfront, by town

Every closed single-family sale with a waterfront lot description in Cornelius, Huntersville, Denver, Terrell and Mooresville. Medians are withheld below 10 sales.

All five towns, combined

  • $2,125,000Median sale price
  • 164Closed sales
  • 151Sales $1M+
  • $563Median price per sq ft
  • 38Median days on market
  • 96%Median sale-to-list
  • $15,250,000Highest sale
Median sale price by town, closed sales April 25 to October 22, 2026
  • Cornelius$3.05M37 sales
  • Denver$1.89M33 sales
  • Mooresville$1.77M82 sales
  • Terrell7 sales: too few for a reliable median. Top sale $3.5M7 sales
  • Huntersville5 sales: too few for a reliable median. Top sale $12.5M5 sales
  • Cornelius carries the lake's highest median at $3,045,000 on 37 sales, and the highest sale of the period at $15,250,000. It is also the slowest of the large towns at a median 42 days, with sellers accepting a median 95% of list.
  • Mooresville is the volume market: 82 of the 164 closings, a $1,772,500 median, 32 days, 97% of list. Buyers looking for waterfront under $2 million with the most inventory to choose from are looking at Mooresville and Denver.
  • Denver's $1,885,000 median on 33 sales sits between the two, with the lake's second-highest top sale at $6,300,000.
  • Huntersville (5 sales) and Terrell (7 sales) are too thin for a reliable median; Huntersville's $12,500,000 top sale shows the ceiling, not the market.
Closed sales by town, April 25 to October 22, 2026. Source: Canopy MLS closed sales, pulled by Mitch Boraski, MBA.
TownMedian sale priceClosed salesSales $1M+Median price per sq ftMedian days on marketMedian sale-to-listHighest sale
Cornelius$3,045,0003736$6534295%$15,250,000
Mooresville$1,772,5008276$5443297%$9,200,000
Denver$1,885,0003330$5553396%$6,300,000
TerrellToo few sales76$3,500,000
HuntersvilleToo few sales53$12,500,000

Charlotte

Charlotte luxury neighborhoods and the towns beyond

All closed residential sales (single-family, townhome and condominium) by subdivision or town, with the count that closed above $1 million. The $1M+ column is the luxury market; the median describes the neighborhood as a whole.

  • Myers Park is the deepest luxury market in the city: 130 closings, 102 of them above $1 million, at a $1,960,000 median and $569 per square foot. Sellers there received a median 99% of list in 23 days.
  • Eastover is smaller and dearer: 30 sales, 24 above $1 million, a $2,025,000 median, 14 days, and a $5,170,000 top sale.
  • Dilworth is the fastest established neighborhood in the data at a median 8 days on market, with 50 of 80 sales above $1 million and a $1,225,000 median.
  • Foxcroft (9 sales, $3,267,000 median) and Quail Hollow (6 sales, including the $15,000,000 record) are too thin to read as medians; the $1M+ counts and top sales are the useful numbers there.
  • Outside the city line, Weddington is the luxury town: 44 of 53 sales above $1 million at a $1,586,921 median in 11 days. Waxhaw (143 sales above $1 million of 577) and Fort Mill, SC (78 of 905) have more luxury closings in absolute terms inside much larger, broader markets.
Closed sales by neighborhood, April 25 to October 22, 2026. Source: Canopy MLS closed sales, pulled by Mitch Boraski, MBA.
NeighborhoodMedian sale priceClosed salesSales $1M+Median price per sq ftMedian days on marketMedian sale-to-listHighest sale
Charlotte
Myers Park$1,960,000130102$5692399%$6,600,000
Eastover$2,025,0003024$5781497%$5,170,000
FoxcroftToo few sales97$6,500,000
Dilworth$1,225,0008050$523899%$3,800,000
Cotswold$1,355,8757041$4213499%$4,500,000
Quail HollowToo few sales62$15,000,000
Ballantyne Country Club$1,567,5001616$3444299%$3,310,000
Beyond the city line
Weddingtonwhole town$1,586,9215344$34211100%$3,800,000
Marvinwhole town$1,333,3931210$2781599%$1,915,000
Waxhawwhole town$700,000577143$2322399%$3,700,000
Matthewswhole town$526,50052457$2331499%$2,350,000
Fort Mill, SCwhole town$512,50090578$2233099%$4,350,000

Method

How the data was pulled

Period: closed sales April 25 to October 22, 2026 (180 days), as of October 22, 2026. Report 1 uses a 180-day window because that is the pull on file; from Report 2 each edition covers the prior calendar month with a trailing 90 days for context.

Lake Norman: Canopy MLS closed single-family sales with a waterfront lot description, searched town by town. Waterfront means the MLS lot description; it does not confirm a dock, main-channel frontage or water depth. Davidson and Sherrills Ford are not included.

Charlotte: Canopy MLS closed residential sales (single-family, townhome and condominium) by subdivision name or town. Medians are withheld where a market had fewer than 10 sales.

Days on market are cumulative across relistings. Price per square foot uses heated living area. Sale-to-list is the median ratio of closed price to final list price. Data deemed reliable but not guaranteed.

Neighborhood context and 180-day tables live on the Charlotte and Lake Norman market pages. Homes Mitch has sold in these markets are on the sold homes page.

Questions

Questions this report answers

What is the median price of a Lake Norman waterfront home in 2026?

$2,125,000 across the 164 single-family waterfront homes that closed in Cornelius, Huntersville, Denver, Terrell and Mooresville between April 25 and October 22, 2026 (Canopy MLS). By town, Cornelius was highest at $3,045,000 and Mooresville, the largest market, was $1,772,500.

Which Charlotte neighborhood has the highest median sale price?

Among neighborhoods with at least 10 closings in the 180 days ending October 22, 2026, Eastover led at $2,025,000, followed by Myers Park at $1,960,000. Foxcroft's $3,267,000 median is based on only 9 sales.

How long does a luxury home take to sell in Charlotte or on Lake Norman?

Lake Norman waterfront homes took a median 38 days to go under contract over the period, at 96% of list price. In Charlotte, Dilworth moved in a median 8 days, Eastover 14, Myers Park 23, and Ballantyne Country Club 42.

Where does the data come from and how often is it updated?

Every figure is a Canopy MLS closed sale pulled by Mitch Boraski, MBA, with the search scope stated in each table. The report is published monthly; the next edition covers October closings in late November 2026.

Monthly, by email

Get the next report when it publishes

One email a month with the closed-sale numbers for Lake Norman waterfront and Charlotte's luxury neighborhoods, and nothing else. For a read on a specific home or street, book a private consultation.

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